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RFC 2196              Site Security Handbook              September 1997


1.6  Risk Assessment

1.6.1  General Discussion

   One of the most important reasons for creating a computer security
   policy is to ensure that efforts spent on security yield cost
   effective benefits.  Although this may seem obvious, it is possible
   to be mislead about where the effort is needed.  As an example, there
   is a great deal of publicity about intruders on computers systems;
   yet most surveys of computer security show that, for most
   organizations, the actual loss from "insiders" is much greater.

   Risk analysis involves determining what you need to protect, what you
   need to protect it from, and how to protect it.  It is the process of
   examining all of your risks, then ranking those risks by level of
   severity.  This process involves making cost-effective decisions on
   what you want to protect.  As mentioned above, you should probably
   not spend more to protect something than it is actually worth.

   A full treatment of risk analysis is outside the scope of this
   document.  [Fites 1989] and [Pfleeger 1989] provide introductions to
   this topic.  However, there are two elements of a risk analysis that
   will be briefly covered in the next two sections:

   (1) Identifying the assets
   (2) Identifying the threats

   For each asset, the basic goals of security are availability,
   confidentiality, and integrity.  Each threat should be examined with
   an eye to how the threat could affect these areas.

1.6.2  Identifying the Assets

   One step in a risk analysis is to identify all the things that need
   to be protected.  Some things are obvious, like valuable proprietary
   information, intellectual property, and all the various pieces of
   hardware; but, some are overlooked, such as the people who actually
   use the systems. The essential point is to list all things that could
   be affected by a security problem.

   One list of categories is suggested by Pfleeger [Pfleeger 1989]; this
   list is adapted from that source:

   (1)  Hardware: CPUs, boards, keyboards, terminals,
        workstations, personal computers, printers, disk
        drives, communication lines, terminal servers, routers.





Fraser, Ed.                Informational                        [Page 5]


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