Summary
Network security management is a complex and costly task. This is due to the diversity and the large number of assets to protect from potential threats. It is difficult for enterprises to ensure complete security of their information technology resources. They need to give priority to critical and vulnerable assets. Thus, for each asset, they assess the risks associated with various threats. Then, depending on risk level, they can decide which asset needs a particular security treatment. In this paper, we propose a novel risk assessment framework based on a set of reversible metrics. It is based on new metrics for the likelihood and impact parameters. These metrics have as a primary objective to solve the problem of weighting the risk factors that lead to different risk values. The proposed metrics are classified and aggregated to provide a unique risk metric. We are using a new bitwise method for aggregating called ‘bit alternation’. This method ensures the reversibility of the likelihood and impact metrics. It has many advantages: unifying metrics, diagnosing the cause of high risks, comparing the values of the risk calculated with different weighting strategies, exchanging standard risk values, etc. To illustrate our method, we have applied it to assess risks of some distributed denial of service attacks for an e‐commerce enterprise that wants to see the level of security of its retail web server. To demonstrate the effectiveness of our results, we have compared them with those obtained by the weighted average method. Copyright © 2016 John Wiley & Sons, Ltd.