Cost benefit analysis (cba)-information security, Computer Network Security

Assignment Help:

Cost Benefit Analysis (CBA)

The common approach for information security controls is economic feasibility of implementation. CBA is begun by evaluating the worth of assets which are to be protected and the loss in value if those assets are compromised. The formal manner to document this is called as cost benefit analysis or economic feasibility study. Items which impact cost of a control or safeguard include: cost of development; implementation cost; service costs; training fees; cost of maintenance.

Benefit is the value an organization realizes by using controls to avoid losses associated with vulnerability. Asset valuation is the process of assigning financial value or worth to every information asset; there are several components to asset valuation.

Once worth of various assets is anticipated, potential loss from exploitation of vulnerability is examined. Process results in approximation of potential loss per risk. Expected loss per risk stated in equation given below:

Annualized loss expectancy (ALE) equals Single loss expectancy (SLE) TIMES Annualized rate of occurrence (ARO),Here SLE is equal to asset value times exposure factor (that is EF).


Related Discussions:- Cost benefit analysis (cba)-information security

Why use an ids, WHY USE AN IDS? IDS prevent from problem behaviors by in...

WHY USE AN IDS? IDS prevent from problem behaviors by increasing the perceived risk of discovery and punishment. Detect the attacks and other security violations. Detect and at

Explain how ftp works, QUESTION (a) FTP is a protocol used for the de...

QUESTION (a) FTP is a protocol used for the delivery of files across networks. Explain how FTP works (support your answer with a diagram). (b) How does TCP perform the gi

What is triple key management scheme, Q. What is Triple Key Management Sche...

Q. What is Triple Key Management Scheme? The triple key management mechanism provides optimum security by enabling the use of two pre-deployed keys for each of the WS nodes, an

Improving domain blacklisting - spam mail, Improving domain blacklisting: ...

Improving domain blacklisting: Current domain blacklisting techniques are not very effective as spammers keep replacing blacklisted domains with newly registered domains. Also

Rsa block and vernam stream ciphers, RSA Block and Vernam Stream Ciphers ...

RSA Block and Vernam Stream Ciphers This assignment involves writing two small Python scripts and a report. Before you start you must download the ?le summarysheets.zip from th

Deploying host-based idss, Deploying Host-Based IDSs -Proper implementat...

Deploying Host-Based IDSs -Proper implementation of HIDSs can be painstaking and time-consuming task .The process of deployment begins with implementing most critical systems fi

Intercultural sensitivity: recognising differences, Intercultural sensitivi...

Intercultural sensitivity: recognising differences You represent a Mauritian computer company which is negotiating to buy hardware from a manufacturer in Japan. In your first

Algorithm, algorithm on simple intrest

algorithm on simple intrest

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd