Risk determination, Computer Network Security

Assignment Help:

Risk Determination

For purpose of relative risk assessment, risk equals probability of vulnerability occurrence TIMES value MINUS percentage risk already controlled PLUS an element of uncertainty. For instance

• Information asset A has a value score 50 and has 1 vulnerability: Vulnerability
1 has a likelihood of 1.0 with no current controls and you estimate that the assumptions and data are 90 percent accurate.
• Information asset B has a value score of 100 and has 2 vulnerability 2 has a likelihood of 0.5 with a current control which addresses 50 percent of risk. Vulnerability
3 has a likelihood of 0.1 with no current controls.

Resulting ranked list of risk ratings for the 3 vulnerabilities:

 Asset A: Vulnerability 1 rated as 55 = (50 x 1.0) –0% + 10% Where 55 = (50 x 1.0) – ( ( 50x 1.0)x0.0) + ( ( 50x1.0) x 0.1)
55 = 50 - 0 + 5

Asset B: Vulnerability 2 rated as 35 = (100 x 0.5) – 50% + 20% Where 35 = (100 x 0.5) – ( (100 x 0.5)x 0.5) + ( ( 100 x0.5) x 0.2)
35 = 50 – 25 + 10

Asset C: Vulnerability 3 rated as 12 = (100 x 0.1) – 0% + 20% Where 12= (100 x 0.1) – ((100 x 0.1) x 0.0) + ((100 x0.1) x 0.2)
12 = 10 - 0 + 2


Related Discussions:- Risk determination

Transport protocols, TRANSPORT PROTOCOLS: Give application-to-appl...

TRANSPORT PROTOCOLS: Give application-to-application communication. Require extended addressing mechanisms to check applications. Are known end-to-end communicatio

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

Define full-duplex., A  full-duplex (FDX) , accepts communication in both...

A  full-duplex (FDX) , accepts communication in both ways, and, unlike half-duplex, accept this to occur simultaneously. Land-line telephone networks are full-duplex, since they

Benchmarking-information security, Benchmarking An alternative approach to...

Benchmarking An alternative approach to risk management is Benchmarking. It is process of seeking out and studying practices in other organizations which one’s own organization de

CS, Discuss how developers should apply the following countermeasures to im...

Discuss how developers should apply the following countermeasures to improve the security of their code:

What do you meant by network address translation, Problem: (a) What do ...

Problem: (a) What do you meant by Network Address Translation (NAT)? Why is it used? (b) Given the following information by your ISP about your newly acquired Frame Relay c

Log file monitors-information security, LOG FILE MONITORS Log file monit...

LOG FILE MONITORS Log file monitor (LFM) is similar to NIDS. It reviews log files generated by servers, network devices, and even other IDSs for patterns and signatures. Pattern

Explain briefly the role of the physical layer, a) Calculate the CRC for th...

a) Calculate the CRC for the frame below: Frame: 1101011011 Generator: 10011 Message after appending 4 zero bits: 11010110110000 b) OSI refers to a system in which any

Discuss five alternative testing techniques, QUESTION Testing of a Busi...

QUESTION Testing of a Business Continuity Plan (BCP) does not need to be costly or to interrupt the daily operations of the business. The result of the test should also be look

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