Create an argument for or against supporting your cio''s

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Firewall Decisions

You are the CEO of Inverness Investments, a medium-sized venture capital firm that specializes in investing in high-tech companies.

The company receives over 30,000 e-mail messages per year. On average, there are two viruses and three successful hackings against the company each year, which result in losses to the company of about $250,000 per year. Currently, the company has antivirus software installed but does not have any firewalls.

Your CIO is suggesting implementing 10 firewalls for a total cost of $80,000. The estimated life of each firewall is about three years. The chances of hackers breaking into the system with the firewalls installed are about 3 percent. Annual maintenance costs on the firewalls are estimated around $15,000.

Create an argument for or against supporting your CIO's recommendation to purchase the firewalls. Are there any considerations in addition to finances?

Reference no: EM131847335

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