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

Explain in des data encryption standard, Explain in DES Data Encryption Sta...

Explain in DES Data Encryption Standard : DES stands for Data Encryption Standard and is explained as follows: DES is at present the most widely used key cryptographic systems

Locality of reference , LOCALITY OF REFERENCE PRINCIPLE:  Principle of...

LOCALITY OF REFERENCE PRINCIPLE:  Principle of "Locality of Reference" use to predict computer interaction patterns. There are two patterns shown as follows: a) Spatial loca

Explain symmetric and asymmetric encryption system, Question 1: (a) Dif...

Question 1: (a) Differentiate between symmetric and asymmetric encryption system. (b) Describe how a digital signature is created. (c) Explain briefly what SSL (secure so

Calculate the minimum required signal strength, Question 1: (a) (i) Ra...

Question 1: (a) (i) Radio waves are subject to several propagation problems. Name any three of them. (ii) A Wi-Fi receiver requires a signal power of 50mW to operate correc

Ethernet network, QUESTION : a) A datagram of 3000 bytes has to travel...

QUESTION : a) A datagram of 3000 bytes has to travel over a network with a MTU size of 1000 bytes. Describe how fragmentation can be used to solve this problem. You should pr

Plaintext, how to encryt the data in plaintext cipher

how to encryt the data in plaintext cipher

Pseudonymous remailers and cypherpunk remailers, Problem (a) As a fore...

Problem (a) As a forensic investigator, you are needed to trace the source of an email. It is suspected that the email header has been forged. Show how you would proceed to

Access control list, Scenario: A network with individual hosts (really, vir...

Scenario: A network with individual hosts (really, virtual machines) can run HTTP (web) servers that are available to the outside. (Here, available means the ability to read and wr

Carrier sense multiple access (csma), CARRIER  SENSE MULTIPLE ACCESS (CSMA...

CARRIER  SENSE MULTIPLE ACCESS (CSMA) There is no central access management when computers transfer on Ethernet. For this solution the Ethernet employs CSMA to coordinate tran

Network management, Ask question #MinimAn NMS is connected to a remote netw...

Ask question #MinimAn NMS is connected to a remote network by a 64 Kb/s link. The network elements in the remote network generate 50 faults/second. Of these, 5% are critical and th

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