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Risk-based Metrics to Monitor Security Efficacy
By CXOtoday Staff
Mumbai, Nov 28, 2008 1725 hrs IST
OpenService has released a risk-based security metrics reporting system in InfoCenter 5.1 to help corporations monitor their IT risk trends and determine the effectiveness of their security controls. It measures risk and analyses events reported by security and network devices, operating systems, databases and applications.
To enable security analysts to identify and address risk situation, the vendor has developed an algorithm called Risk-Weighted Event Scoring and Thresholding (RWEST). It scores and correlates events from servers, devices and applications; supports visualization, and identifies risk trends across departments.
"The reason that risk-based security metrics are so important is that it is impossible to manage what you can't measure. RWEST makes it possible to precisely and consistently measure security risk, not unlike how a credit score precisely measures creditworthiness. It provides management with an objective, repeatable, transparent process that is crucial to guiding security decisions and strategy" said, Mike Schmitt, CEO of OpenService.
This solution was beta tested and first deployed on IBM BladeCenter servers.
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