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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).
INTRODUCTION TO RISK MANAGEMENT Risk management is the procedure of identifying and controlling risks facing an organization. Risk management is the discipline which is employed
(a) Consider the subsequent authentication options: A. Using password. B. Using pin and fingerprint Which option A or B provides stronger security and why? (b) Give
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Question: (a) What is the main security vulnerability of IPv4? (b) Which protocol can be used for secure remote login? (c) Distinguish between the transport and tunnel
how to encryt the data in plaintext cipher
You have been asked to design a Banking Network with two primary types of locations. Branches that will have 3 subnets, one /25 subnet one /26 subnet for ABMS and one /26 s
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In 10 or more pages, address the following topics (be sure to use diagrams as well as references). 1) Define broadband and baseband transmission technology. 2) Describe broadban
Mapping between a hardware address and a protocol address is known Address Resolution. A router or host uses address resolution when it requires to transmit a packet to another dev
BUSINESS NEEDS Information security performs four main functions for an organization. 1. Protects the ability of organization to function. 2. Enables safe operation of applicat
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