Mean Failure Cost as a Measurable Value and Evidence of Cybersecurity: E-Learning Case Study

Addressing Cybersecurity within e-Learning systems becomes empowered to make online information more secure. Certain competences need to be identified as necessary skills to manage security online such the ability to assess sources and architectural components, understanding the privacy, confidentiality and user authentication. Security management approaches quantifying security threats in e-learning are common with other e-services. It is of our need to adopt a quantitative security risk management process in order to determine the worthiest attack and the ignored one, based on financial business risk measure which is the measure of the mean failure cost.This paper proposes a cyber security measure called the Mean Failure Cost (MFC) suitable for e-Learning systems. It is based on the identification of system’s architecture, the well-defined classes of stakeholders, the list of possible threats and vulnerabilities and the specific security requirements related to e-Learning systems and applications. In the mean time, security requirements are considered as appropriate mechanisms for preventing, detecting and recovering security attacks, for this reason an extension of the MFC measure is presented in order to detect the most critical security requirements. Also this paper highlights the security measures and guidelines for controlling e-Learning security policies regarding the most critical security requirements. Mean Failure Cost as a Measurable Value and Evidence of Cybersecurity: E-Learning Case Study