Abstract: Security metrics relevance in business management has exploded in recent times due to the increase in the role of security in organizations in the face of global security challenges, cut-throat competition and the concomitant rise in budgetary allocations to the function. The security metrics however, are challenged for a number of reasons including its relative age, nature of the function and perception of the same. A number of theories have been postulated to justify the need for security metrics as well as postulate analysis tools and they include the Argumentation Theory, the Gordon-Loeb Model and the Critical Infrastructure/Key Resource Protection Theory. Correctness and effectiveness, leading vs lagging indicators, organizational security objectives, quantitative and qualitative properties and measurement of small vs huge dimensions are key aspects in the field that must be carefully considered in the development of security metrics and have been discussed in this paper. The biggest challenges in the field include what measure, how to measure, how to report and the problem of outliers in data. These challenges can however be overcome through careful consideration of the aspects to arrive at correct and highly effective security metrics.
Keywords: Africa, Security, Management, Metrics, Measurements, Models, organizational, Corporate, Effectiveness, Efficiency.
Title: ASSESSING SECURITY METRICS IN CORPORATE SECURITY MANAGEMENT IN AFRICA TODAY
Author: Dr. Mary Ragui, Muhumed A Sheikh, Amon Nyansera Nyakundi, Denis Kimathi Kairemia
International Journal of Management and Commerce Innovations
ISSN 2348-7585 (Online)
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