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

Address resolution with message exchange, ADDRESS RESOLUTION WITH MESSAGE E...

ADDRESS RESOLUTION WITH MESSAGE EXCHANGE An alternative to local calculation is a distributed function. A computer that requires to find an address transmits a message across

Introduction to network protocol, In this assignment, you are required to e...

In this assignment, you are required to emulate the operation of a link layer and network layer protocols in a small computer network. Your program should behave like a single node

Address resolution with table lookup, ADDRESS RESOLUTION WITH TABLE LOOKUP ...

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

Describe phishing attacks, QUESTION (a) (i) Describe Phishing attacks. ...

QUESTION (a) (i) Describe Phishing attacks. (ii) Distinguish between Phishing and Spear Phishing attacks. (b) Describe two instances where an attacker sniffing on a netwo

Develop firewall rules, Question requires you to develop firewall rules bas...

Question requires you to develop firewall rules based on a fictitious organisation. Scenario: You work for a security-conscious company, xC-Cure, who develop encryption tec

Classification of networks, Computer networks are defined by four factors w...

Computer networks are defined by four factors which are as given below: 1) NETWORK SIZE: According to the size of networks. 1) Local Area Network ( LAN) 2) Wide Area Ne

What do you meant by the term bastion host, Question : (a) What do you...

Question : (a) What do you meant by the term "Bastion Host"? What is its use? (b) "Hostile" Java applets will do undesirable actions. Mention two problems caused by Hosti

Explain transposition ciphers and substitution cipher, What do you understa...

What do you understand by cryptanalysis? Discuss about the transposition ciphers substitution cipher, and onetime pads. The messages which are intended to transmit secretly and

Design a network layout, QUESTION: (a) Below is a capture of an Ethern...

QUESTION: (a) Below is a capture of an Ethernet II frame which contains an IPv4 packet and a TCP segment. Give the source MAC address for the frame in hexadecimal; the sourc

Understanding a business model of a spammer, The first and foremost need of...

The first and foremost need of  any business is a role to perform for its client base, and for the spammer this will typically be the role of advertising products which, due to the

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