What is the risk assessment-should management buy

Assignment Help Operation Management

Reference no: EM131646118

Twenty-five thousand messages arrive at an organization each year. Currently, there areno firewalls. On average, 1.2 successful hackings occur each year. Each successful hackattack results in a loss of about $130,000 to the company. A major firewall is proposed at acost of $66,000 and a maintenance cost of $5,000. The estimated useful life is 3 years. Thechance that an intruder will break through the firewall is 0.0002. In such a case, thedamage will be $100,000 (30%), or $200,000 (50%), or no damage. There is an annualmaintenance cost of $20,000 for the firewall. What is the risk assessment and should management buy the firewall?

Reference no: EM131646118

Questions Cloud

Text as most dominant in the global economy include : The areas described in the text as the most dominant in the global economy include:

Policies and practices that would help in recruitment : Identify three policies and practices that would help in the recruitment and retention of older workers by a health care organization.

Compensation and performance appraisals : Discuss the relationship between the age old economic theories and the recently developed behavorial science motivation theories?

Efficient and still meet time and quality requirements : How would you recommend we change the process to be more efficient and still meet time and quality requirements?

What is the risk assessment-should management buy : What is the risk assessment and should management buy the firewall?

System engineering process approach to engineering economics : We discussed the subject of the Systems Engineering Process Approach to engineering economics.

Explain from developmental perspective-hazards of poor : Write a letter to president of a major fast food chain. Explain, from a developmental perspective, the hazards of poor, high-fat diet for children’s development

Would like to roll out social media strategy : MamaBear (fictional), a designer and manufacturer of baby carriers, would like to roll out a social media strategy and has hired you to consult for them.

About the leading projects : "It takes awareness and leadership to see the necessary changes that will make it a better project for our future."

User Account

All Pages