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Annualized rate of occurrence

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Company XYZ recorded 10 major disruptive events caused by IT system failures during the period from Jan. 01, 2020 to Dec. 31, 2020, and the total loss associated with these events was about 5 million dollars.

Based on the above, what would the ARO (Annualized Rate of Occurrence) for disruptive IT events?

Reference no: EM132941603

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