Current challenges of the financial services sector aside, risk management has a long and venerable tradition of practical success in the world of insurance premiums and credit card interest rates. This article examines some of the major challenges of software security risk management and introduces the concept of Software Security Total Risk Management (SSTRM), an innovative programmatic approach by which enterprises can apply software security development and assessment best practices in order to meet the twin goals of enhancing business revenues and protecting against business losses. In less than thirty years, IT has grown from a province of largely academic concern to a driving force in world commerce. With the rise of IT-enabled business has come an explosion of demand for IT products to support people, process and technology throughout the enterprise.
The growth and importance of IT security has paralleled this rise in importance of IT as a business enabler and competitive differentiator such that today, the rubric "IT security" has come to represent all that guarantees IT will fulfill its promise to transform the way business is done.
What is often overlooked amid this phenomenal growth of IT and IT security is the software that lies at the heart of every IT product, every IT device and every IT application.
In other words, the whole edifice of enterprise IT is only as secure as the secure software development foundations on which it is built. Practitioners of software security were part of an even more select group, representing not only the perspective of the general software developer, but typically possessing an even stronger mathematical focus, as well as an added sense of mission around the guarantees of availability, confidentiality and integrity that are at the core of IT security.
The business mind - with its focus on the practicality of profit making - has not always been comfortable with the community of software developers. To understand the broad requirements for such a framework, a brief digression into the foundations of IT Risk Management (ITRM) is in order. Many industry articles dealing with ITRM assume a grasp of foundational concepts and proceed to address the underlying mathematics of IT risk estimation.
The true starting point for building effective ITRM programs lies with a clear understanding of the relationship between business and IT systems.
The desire to improve the science of automation is a key element driving IT - something IT does not share with business. The first stirrings of ITRM can be found in the need to balance the relationship between the goals of business profitability, on the one hand, and two new factors on the other: IT operational integration and IT system uptime, or availability. Common and easy answers to these questions are "Whatever amount makes you worry" and "Any way you can." After all, most people get through the much more complicated balancing act of life with not much more of a profit strategy than meeting basic financial obligations (like your monthly mortgage payments) and trying to manage some important risks (like health problems).
But in the same way that IT has made a science out of improving processes through automation, other sciences, designed to help create effective strategies in certain more limited arenas of life, like the business world, have emerged in recent years. DS is too big to try to describe in this paper, but one small aspect of it is essential to the practice of risk management.
Of course, developing a sound risk management strategy is not merely a matter of following this simple dictum. And, needless to say, appropriately and reliably quantifying the cost of risk and the true cost of remediating risks are the most difficult parts of developing a DS-based risk management strategy. Some will say that that this is good enough reason not to try and that ITSRM should be abandoned as an unrealizable dream.


Building on the above simple model of ITSRM, this Software Security Total Risk Management (SSTRM) methodology represents a new, state-of-the-art approach that enables enterprises to more accurately assess software security vulnerabilities, prioritize them correctly, and develop a customized vulnerability remediation roadmap that will help manage business risk.
Conventional approaches to software security are not risk-based, typically encompassing no more than penetration testing of application functionality for some pre-determined set of common vulnerabilities.
The SSTRM approach begins with a unified view of application security threats and risks at both business workflow and technical systems levels, to ensure that the business risk implications of application security vulnerabilities are correctly assessed. Risk modeling, incorporating Secure Software Development Life Cycle (SSDLC) and other best practices drawn from such internationally-accepted standards as the ISO 2700x series and the Information Technology Infrastructure Library (ITIL), combines risk likelihood estimation--drawn from prior customer Business Impact Analysis or other appropriate asset valuation exercises--to ensure that application vulnerabilities are viewed in the broader risk context of business cost, including the costs of regulatory compliance, operational integration and IT availability. The second part of the SSTRM approach applies the augmented risk measurement matrix within a best practices risk management process methodology incorporating the four basic steps of effective IT risk management: Discovery, Assessment, Strategy and Execution, as shown in Figure 2. Risk Discovery reviews software (application or systems-level technical specifications) in order to understand exactly how the technical system in question has been designed and deployed. Risk Assessment marks the phase of the SSTRM approach which distinguishes the approach presented here from other traditional assessment techniques. Risk Strategy prioritizes business risk due to software vulnerabilities, and then works with customers to choose among the set of risk management responses, including risk avoidance, transfer, remediation or acceptance.
Execution performs the set of software security remediation activities that emerge from the strategy - from tactical software "patches" that fix high-priority vulnerabilities - to more strategic programs such as Secure Software Development Life Cycle Best Practices.
This article has introduced the concept of software security risk management as a special case of IT risk management. Reed Augliere, Vice President of Operations at Security Innovation, has more than 20 years of high-tech experience with extensive consulting service definition, technical architecture, engagement management and service delivery skills in sales-driven product companies.
You will want to inspire good memories of the day and that is why it is important to be fairly detailed in your decorating of the venue.
Don’t feel like you are limited to traditional wedding colours planning the decorations for your Christmas wedding. We inform and educate travellers on the specific threats and hazards associated with a particular itinerary or destination. We comprehensively reference all the relevant international conventions and risk management solutions, consolidate various disciplines and technical methodologies for evaluating risk, then apply this superior model to each and every individual’s itinerary, journey or travel plan.
Despite compelling industry statistics that enterprises lose billions of dollars annually and suffer loss of public confidence through application availability downtime or other security breaches, effective risk management techniques have yet to take hold.
These include: protocols, Web browsers, Web servers, application servers, database servers, virtualization servers, storage servers, storage attached networks, network devices, the myriad tools that support the management of these products and the hundreds of thousands of applications that automate the business processes of buying, selling and performing work.
Since the advent of the first programmable devices in the 1940s, software development was considered the exclusive province of mathematicians, musicians or magicians.
It requires capital investment in equipment and personnel, as well as long-term maintenance.
Different modeling techniques to address each threat and risk type are combined to augment the more conventional application penetration testing approach.


These assessment activities yield a set of application software vulnerabilities, as well as estimates for the likelihood that the vulnerability will actually be exploited or otherwise come to pass.
The four basic steps of effective IT risk management: Discovery, Assessment, Strategy and Execution. While most organizations do little more than conduct "black box" penetration tests against software applications, SSTRM applies threat methodology to identify high-priority software vulnerabilities that penetration testing alone may not find. It summarized some of the characteristics of the relationship between the functions of business and IT software development that have hampered the developed of effective software risk management programs. If you are having a wedding during the Christmas holiday season then consider a theme prior to the big day. Good Christmas wedding decoration ideas stem from having a solid them planned prior to the event. Next we evaluate the preparedness, treatment solutions or modifiers established by the traveller or company’s risk management team. IT security risk management is one particular variant of ITRM, which brings numerous additional considerations and merits its own special treatment (there can even be numerous variants within IT security risk management, such as software security risk management - as this article has already suggested). Augliere defines and develops high-end consulting and training solutions for long-term programs with enterprise customers, as well as manages Security Innovation's software security risk management line of business. Take a chance and do something special for the occasion, you are bringing people together during the Christmas season and this is somewhat admirable. Finally, we provide risk management advice, alternatives and resources to make informed decisions around travel risk. You will also need to concern yourself with the venue and how it impacts your selected theme. Although, dressing as Joseph and Mary might be a little presumptuous, it can also be a lot of fun. Try and keep it fairly tongue in cheek if you are going to be using serious religious themes as the basis of the theme. Because the day is coinciding with the Christmas season it is a good idea to take advantage of traditional Christmas decoration methods.
Attempting to over play the seriousness of the occasion will just make the day more sombre than fun. The tree will form a nice backdrop for photographs so the more extravagant the tree – the better.
The more aesthetic appeal that you can bring the venue then the more detail will be apparent in the photographs.




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