DocumentCode :
1784716
Title :
The cost of a crisis in an Irregular Dynamic Data Space
Author :
Petrantonakis, Pavlos M.
Author_Institution :
Dept. of Inf., Univ. of Piraeus, Piraeus, Greece
fYear :
2014
fDate :
7-9 July 2014
Firstpage :
306
Lastpage :
310
Abstract :
During the last decade there was a rapid development on many aspects of the Economy. Many areas of human daily life have been mutated. New socioeconomic Systems have appeared. A variety of sensitive areas, such as Defense, Health and Education, have been influenced. The structure of modern Systems became more complicated. Moreover, the Areas, where they operate, became more hostile. This Irregularity allowed the appearance of a huge number of dangers, which threat the Systems. It is essential to predict the dangers that an Information System has to face due to its importance. The aim of this paper is to study the dangers that threat an information system to collapse. Firstly, the structure of the modern western economical business organizations is presented. Secondly, the lack of security, and the dangers that they have to face during their operation are analyzed. In addition, an analysis of the potential risk that a digitalized business operation, which is supported by electronic means and the lack of methods of minimizing danger, is presented. Furthermore, a model of minimizing the recovery cost of a materialized threat will be presented based on the Assignment Problem. Finally, the cost of a crisis will be calculated presenting a formula of estimating the potential loss of data.
Keywords :
costing; data handling; information systems; socio-economic effects; Western economical business organizations; assignment problem; crisis cost; digitalized business operation; economy aspect; information system; irregular dynamic data space; socioeconomic systems; Accuracy; Business; Education; Face; Information systems; Materials; Programming; Crisis Management; Disasters; Irregular Dynamic Data Spaces; Recovery; Risk Analysis;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Information, Intelligence, Systems and Applications, IISA 2014, The 5th International Conference on
Conference_Location :
Chania
Type :
conf
DOI :
10.1109/IISA.2014.6878737
Filename :
6878737
Link To Document :
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