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

Nyquist capacity theorem, (a) Illustrate what you understand by Nyquist Cap...

(a) Illustrate what you understand by Nyquist Capacity Theorem? (b) Consider we wish to transmit at a rate of 64 kbps over a 4 kHz noisy but error-free channel. What is the mini

What do you understand by the term integrity, Question: (a) What do yo...

Question: (a) What do you understand by the term "integrity"? (b) Which type of attack denies authorized users access to network resources? (c) You have discovered tha

Symmetric encryption-cryptography, Symmetric Encryption This encryption ...

Symmetric Encryption This encryption method makes use of same “secret key” to encipher and decipher the message and it is termed as private key encryption. This type of encrypti

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

Firewall analysis tools-information security, FIREWALL ANALYSIS TOOLS Th...

FIREWALL ANALYSIS TOOLS There are a number of tools automate remote discovery of firewall rules and assist the administrator in analyzing rules Administrators who feel wary of u

Address resolution techniques, Address resolution algorithms may be grouped...

Address resolution algorithms may be grouped into three basic types: Table lookup Closed-form computation Message Exchange 1. TABLE LOOKUP: In Table Loo

Describe how access control is implemented, Question: (a) How can you ...

Question: (a) How can you prevent someone from accessing your computer when you leave your office for some time? (b) What is the difference between a classic login and a w

Firewall architectures-screened subnet architecture, Screened Subnet Archit...

Screened Subnet Architecture This setup provides an extra security layer to screened host architecture by creating a perimeter subnet which further isolates internal network f

Programming, SDES encryption and decryption

SDES encryption and decryption

Computer forensic, discuss the merits and demerits of computers freezing

discuss the merits and demerits of computers freezing

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