Security risk assessment in pension fund administration using ARM as a case study

Abstract

In the current age of information systems, computers and related technologies have become inevitable to business. Financial institutions are among the top section that rely heavily on information systems for ease of operation. Information security comprises of risk assessment and risk management which plays a vital role in identifying risk, threats and vulnerabilities. This paper makes an attempt to perform an assessment on risk management of Pension Fund Administration (PFA), a subsector of the financial institution. This study used a survey method to actually access the risk that customers are actually exposed to. In this study, we focussed on only one PFA which is ARM.