Trust: An Element of Information Security

Information security is no longer restricted to technical issues but incorporates all facets of securing systems that produce the company’s information. Some of the most important information systems are those that produce the financial data and information. Besides securing the technical aspects of these systems, one needs to consider the human aspects of those that may ‘corrupt’ this information for personal gain. Opportunistic behaviour has added to the recent corporate scandals such as Enron, WorldCom, and Parmalat. However, trust and controls help curtail opportunistic behaviour, therefore, confidence in information security management can be achieved. Trust and security-based mechanisms are classified as safeguard protective measures and together allow the stakeholders to have confidence in the company’s published financial statements. This paper discusses the concept of trust and predictability as an element of information security and of restoring stakeholder confidence. It also argues that assurances build trust and that controls safeguard trust.

[1]  Michael Dietrich,et al.  Transaction cost economics and beyond , 1994 .

[2]  Kuldeep Kumar,et al.  Trading partner trust in electronic commerce participation , 2000, ICIS.

[3]  Angela Partington,et al.  The Oxford Dictionary of Quotations , 1954 .

[4]  T. Huston,et al.  The Dyadic Trust Scale: Toward Understanding Interpersonal Trust in Close Relationships. , 1980 .

[5]  Dale E. Zand.  Trust and Managerial Problem Solving , 1972 .

[6]  Andrew M. Colman,et al.  The complexity of cooperation: Agent-based models of competition and collaboration , 1998, Complex..

[7]  J. Neumann,et al.  Theory of Games and Economic Behavior. , 1945 .

[8]  J. H. Davis,et al.  An integrative model of organizational trust, Academy of Management Review, : . , 1995 .

[9]  N. Luhmann.  Familiarity, Confidence, Trust: Problems and Alternatives , 2000 .

[10]  R. Axelrod.  Reviews book & software , 2022 .

[11]  Priscilla Murphy.  Game Theory Models for Organizational/Public Conflict , 1991 .

[12]  Niels G. Noorderhaven,et al.  Opportunism and trust in transaction cost economics , 1994 .

[13]  Eric L. Lesser,et al.  Nurturing interpersonal trust in knowledge-sharing networks , 2003 .

[14]  L. Jean Camp,et al.  Trust and Risk in Internet Commerce , 2000 .

[15]  C. Berger,et al.  SOME EXPLORATIONS IN INITIAL INTERACTION AND BEYOND: TOWARD A DEVELOPMENTAL THEORY OF INTERPERSONAL COMMUNICATION , 1975 .

[16]  W. Hamilton,et al.  The evolution of cooperation. , 1984, Science.

[17]  M. Greenstein,et al.  Electronic Commerce: Security Risk Management and Control , 1999 .

[18]  Adam Rifkin,et al.  Weaving a Web of trust , 1997, World Wide Web J..

[19]  John Humphrey,et al.  Trust and inter-firm relations in developing and transition economies , 1998 .

[20]  C. Johnson-George,et al.  Measurement of specific interpersonal trust: Construction and validation of a scale to assess trust in a specific other. , 1982 .

[21]  Colin Camerer,et al.  Not So Different After All: A Cross-Discipline View Of Trust , 1998 .

[22]  Aneil Mishra.  ORGANIZATIONAL RESPONSES TO CRISIS: THE CENTRALITY OF TRUST , 1996 .

[23]  Michael Elwood Roloff,et al.  Interpersonal Processes: New Directions in Communication Research , 1987 .

[24]  L. Jean Camp,et al.  Designing for Trust , 2002, Trust, Reputation, and Security.

[25]  David Gefen,et al.  The conceptualization of trust, risk and their electronic commerce: the need for clarifications , 2003, 36th Annual Hawaii International Conference on System Sciences, 2003. Proceedings of the.

[26]  E. L. Nichols,et al.  Supply Chain Redesign: Transforming Supply Chains into Integrated Value Systems , 2002 .

[27]  J. Neumann,et al.  Theory of games and economic behavior , 1945, 100 Years of Math Milestones.

[28]  J. H. Davis,et al.  An Integrative Model Of Organizational Trust , 1995 .

[29]  Rino Falcone,et al.  Trust, Reputation, and Security: Theories and Practice , 2003, Lecture Notes in Computer Science.

[30]  W. Galston.  Trust: The Social Virtues and the Creation of Prosperity , 1996 .

[31]  C. Strenger,et al.  The Corporate Governance Scorecard: A Tool for the Implementation of Corporate Governance , 2004 .

[32]  Steven Orla Kimbrough,et al.  Foraging for Trust: Exploring Rationality and the Stag Hunt Game , 2005, iTrust.

[33]  F. Fukuyama.  Trust: The Social Virtues and the Creation of Prosperity Penguin London , 1995 .

[34]  Thomas Clarke,et al.  Theories of corporate governance : the philosophical foundations of corporate governance , 2004 .

[35]  Bert Cunnington,et al.  Managing the New Organization: A Blueprint for Networks and Strategic Alliances , 1993 .

[36]  W. Pearce.  Trust in interpersonal communication , 1974 .

[37]  Branislav L. Slantchev.  Trust and Mistrust in International Relations , 2006, Perspectives on Politics.

[38]  Harry B. DeMaio.  B2b and beyond: New Business Models Built on Trust , 2001 .

[39]  D. Collard,et al.  Trust : making and breaking cooperative relations , 1989 .

[40]  R. Kramer,et al.  Trust in Organizations: Frontiers of Theory and Research , 1995 .