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

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

Briefly list functions of a public key infrastructure, Question: (a) Wh...

Question: (a) What is the major problem with public key encryption when compared to symmetric key encryption? (b) Consider the following protocol for communication between t

What is b-router, B-Router Hybrid devices that has the features of bot...

B-Router Hybrid devices that has the features of both routers and bridges . A bridge router or brouter is a network machine that acts as a router and as a bridge. The brout

Draw the waveform for an asynchronous transmission, (a) Draw the waveform ...

(a) Draw the waveform for an asynchronous transmission with the given specifications: 8 data bits with value 11010001 (LSB listed first here), one parity bit (even), one star

Tracing a route, There is another probing methods i-e Trace Route. To get m...

There is another probing methods i-e Trace Route. To get more detail it is used     As given in the figure about the route to DANDELION-PATCH.MIT.EDU was looked out a

Marketing, what are the participant of marketing channal?

what are the participant of marketing channal?

#title.TIPS., 1. For this project, assume that an organization has five ser...

1. For this project, assume that an organization has five servers. Server 1 has a TCO of $25,000, Servers 2 and 3 have a TCO of $37,000 each, and the remaining two servers— Servers

Define byte stuffing, Sometimes the special character may see in data and a...

Sometimes the special character may see in data and as a part of data they will be misinterpreted as packet data. The solution to this cause is Byte stuffing.   In general to

Describe how a cellular network works, Problem 1 . Show various features of...

Problem 1 . Show various features of a 1G network Total three features for each feature of 1G Problem 2. Describe how a cellular network works with functional block diagram

Miss, You are an IT Security administrator in a banking organization. Your ...

You are an IT Security administrator in a banking organization. Your organization hired an outside IT firm to do a proof of Concept for new equipment which is a computer based syst

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