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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).
COMPONENTS OF AN INFORMATION SYSTEM The components of an information system are software, data, hardware, people, procedures and Networks. These 6 components are critical to ena
Guided Media These are those that give a conduit from one machine to another that add twisted-pair, fiber-optic cable and coaxial cable. A signal traveling along any of these
Problem 1: Show what are the benefits of project quality management? • Customer satisfaction • Reduced cost • Increased competitiveness • Fulfilment of social and economic r
?Examples should include direct costs items, indirect costs items, as well as variable costing. ?What are at least 5 types of expenses that are associated with manufacturing the
Q. Explain the random key distribution? The triple key management mechanisms ensure a better and complete security solution using the random key distribution mechanism. In this
Maximum Transmission Unit (MTU) Each hardware method specification adds the definition of the maximum size of the frame data area, which is known the Maximum Transmission Uni
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INTRODUCTION TO SECURITY AND PERSONNEL When implementing information security, there are several human resource issues that should be addressed. They are • Positioning and n
ADDRESS RESOLUTION WITH TABLE LOOKUP : Resolution needs data structure that has information about address binding. A distinct address-binding table is used for every physical n
Selecting a Risk Control Strategy Risk controls involve selecting one of the 4 risk control strategies for every vulnerability. The flowchart is shown in the figure given below
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