98 ◾ Information Security Metrics
9.3 Ranking Metrics and Monitoring Requirements
If the aforementioned four elements constitute the main considerations for
determining whether metrics or monitoring is required, and if so, what an effec-
tive approach is, then a scoring system can be used to guide the selection process
based on risk tolerance and risk management objectives. As we have discussed,
well-instrumented systems monitor and measure only those elements that are
useful or essential to the required management tasks. Assuming a determina-
tion has been made of critical activities and the potential for serious impacts
and tolerance for risk, then the issue of effectiveness must be considered in
terms of the necessity for cert