Comparisons of Bitcoin Cryptosystem with Other Common Internet Transaction Systems by AHP Technique
This paper describes proposed methodology for evaluation of critical systems and prioritization of critical risks and assets identified in highly secured information systems. For different types of information assets or security environments it is necessary to apply different techniques and methods...
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Format: | Article |
Language: | English |
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University of Zagreb, Faculty of organization and informatics
2017-06-01
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Series: | Journal of Information and Organizational Sciences |
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Online Access: | https://jios.foi.hr/index.php/jios/article/view/1025 |
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author | Davor Maček Dino Alagić |
author_facet | Davor Maček Dino Alagić |
author_sort | Davor Maček |
collection | DOAJ |
description | This paper describes proposed methodology for evaluation of critical systems and prioritization of critical risks and assets identified in highly secured information systems. For different types of information assets or security environments it is necessary to apply different techniques and methods for their prioritization and evaluation. In this article, VECTOR matrix method for prioritization of critical assets and critical risks is explained and integrated into AHP (Analytic Hierarchy Process) technique as a set of fixed criteria for evaluation of defined alternatives. Bitcoin cryptocurrency was compared and evaluated along with other common Internet transaction systems by information security professionals according to defined VECTOR criteria. Also, the newly proposed hybrid AHP model is presented with potential case studies for future research. This article tries to discover security posture of Bitcoin cryptocurrency in the context of information security risks related to the existing most common online payment systems like e-banking, m-banking, and e-commerce. |
first_indexed | 2024-12-22T09:40:28Z |
format | Article |
id | doaj.art-2ffe1ec9996b41bf8281c0d3b7ea521b |
institution | Directory Open Access Journal |
issn | 1846-3312 1846-9418 |
language | English |
last_indexed | 2024-12-22T09:40:28Z |
publishDate | 2017-06-01 |
publisher | University of Zagreb, Faculty of organization and informatics |
record_format | Article |
series | Journal of Information and Organizational Sciences |
spelling | doaj.art-2ffe1ec9996b41bf8281c0d3b7ea521b2022-12-21T18:30:42ZengUniversity of Zagreb, Faculty of organization and informaticsJournal of Information and Organizational Sciences1846-33121846-94182017-06-0141110.31341/jios.41.1.51025Comparisons of Bitcoin Cryptosystem with Other Common Internet Transaction Systems by AHP TechniqueDavor Maček0Dino Alagić1UniCredit S.p.A. Zweigniederlassung WienNTH ICT d.d.This paper describes proposed methodology for evaluation of critical systems and prioritization of critical risks and assets identified in highly secured information systems. For different types of information assets or security environments it is necessary to apply different techniques and methods for their prioritization and evaluation. In this article, VECTOR matrix method for prioritization of critical assets and critical risks is explained and integrated into AHP (Analytic Hierarchy Process) technique as a set of fixed criteria for evaluation of defined alternatives. Bitcoin cryptocurrency was compared and evaluated along with other common Internet transaction systems by information security professionals according to defined VECTOR criteria. Also, the newly proposed hybrid AHP model is presented with potential case studies for future research. This article tries to discover security posture of Bitcoin cryptocurrency in the context of information security risks related to the existing most common online payment systems like e-banking, m-banking, and e-commerce.https://jios.foi.hr/index.php/jios/article/view/1025CryptosystemCryptocurrencyBitcoinAnalytic Hierarchy ProcessMulti-criteria Decision AnalysesVECTORInformation Security Risktransaction systems |
spellingShingle | Davor Maček Dino Alagić Comparisons of Bitcoin Cryptosystem with Other Common Internet Transaction Systems by AHP Technique Journal of Information and Organizational Sciences Cryptosystem Cryptocurrency Bitcoin Analytic Hierarchy Process Multi-criteria Decision Analyses VECTOR Information Security Risk transaction systems |
title | Comparisons of Bitcoin Cryptosystem with Other Common Internet Transaction Systems by AHP Technique |
title_full | Comparisons of Bitcoin Cryptosystem with Other Common Internet Transaction Systems by AHP Technique |
title_fullStr | Comparisons of Bitcoin Cryptosystem with Other Common Internet Transaction Systems by AHP Technique |
title_full_unstemmed | Comparisons of Bitcoin Cryptosystem with Other Common Internet Transaction Systems by AHP Technique |
title_short | Comparisons of Bitcoin Cryptosystem with Other Common Internet Transaction Systems by AHP Technique |
title_sort | comparisons of bitcoin cryptosystem with other common internet transaction systems by ahp technique |
topic | Cryptosystem Cryptocurrency Bitcoin Analytic Hierarchy Process Multi-criteria Decision Analyses VECTOR Information Security Risk transaction systems |
url | https://jios.foi.hr/index.php/jios/article/view/1025 |
work_keys_str_mv | AT davormacek comparisonsofbitcoincryptosystemwithothercommoninternettransactionsystemsbyahptechnique AT dinoalagic comparisonsofbitcoincryptosystemwithothercommoninternettransactionsystemsbyahptechnique |