%0 Journal Article %T STUDY OF A RISK MANAGEMENT MODEL %A Marn-Ling Shing %A Chen-chi Shing %A Kuo Lane Chen %A Huei Lee %J International Journal of Electronic Commerce Studies %D 2011 %I Academy of Taiwan Information Systems Research %X Risk management has become an important issue in the information security area. This study proposes a Semi-Markov chain model to manage the information security risk. When the state information is not recognized as a normal state, the model can send a warning signal to the manager. A simulated model was used to validate the semi-Markov chain model. %K Information Security Risk Management %K Information Security Assessment %K Information Security Modeling and Simulation %K Information Security Model Validation %U http://www.academic-journals.org/ojs2/index.php/ijecs/article/viewFile/946/65