Given the wide distribution of software and its current growth, security is inevitable, and software systems have become more complex. To avoid the complexity and protect valuable assets of software systems, researchers, and practitioners in the fields of security requirement engineering (SRE) and security assurance advise incorporating security requirements early in software development life cycle (SDLC). Nowadays, security requirements specification and identification are an active research area for ensuring the effectiveness of software systems. However, security requirement identification is a challenging task due to sheer numbers of threats and attacks to a software system. Previous researchers have identified different SRE techniques, each looking at the same problem from a different perspective. Therefore, a literature review conducted on SRE techniques. We compared and analyzed different SRE techniques to find the most suitable SRE techniques for researchers and practitioners. Selected SRE techniques compared based on various parameters, such as different attributes, requirement elicitation, requirement analysis, project size, and integration of standards. The literature also indicates that among SRE approaches, security quality requirements engineering (SQAURE), secure tropos, security requirements engineering process (SREP), and comprehensive lightweight application security process (CLASP) are the most used SRE approaches that focus on activities such as threats, security requirements identification, and security objectives identification. Unfortunately, several SRE approaches fail to explicitly integrate the security standard and security assurance perspective. Three questions developed for this study: Question 1 is based on comparison of existing SRE approaches, Question 2 is based on SRE with security requirements elicitation and analysis, and Question 3 highlights the incorporation of security requirements assurance by SRE approaches implicitly or explicitly. The researcher must work with the developer to easily adopt SRE approaches to elicit and ensure security requirements for the software system.