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

Ip datagram, IP DATAGRAM Various options can be included to IP header,...

IP DATAGRAM Various options can be included to IP header, e.g., source route, record route and timestamp. Header with no function has H. LEN field value 5; data starts immedia

Cryptographic algorithms-cryptography, Cryptographic algorithms Cryptogr...

Cryptographic algorithms Cryptographic algorithms are broadly classified into two broad categories. They are stated below 1.  Symmetric Encryption and 2.  Asymmetric Encryptio

Explain possible attacks on rsa encryption, Problem (a) Describe RSA a...

Problem (a) Describe RSA algorithm with an example. (b) Answer the following RSA encryption, given the values of the primes are: p = 17, q = 11 and choosing e = 7. (c)

Network design approach, Problem a) Give three reasons why traditional ...

Problem a) Give three reasons why traditional Network Design approach is less appropriate for many of today's networks? b) The network requires of users are organized into m

Csma/ca, CSMA/CA Wireless needs collision avoid ness rather than colli...

CSMA/CA Wireless needs collision avoid ness rather than collision checking. Transmitting computer puts very short codes to receiver. Receiver responds with short message getti

Feasibility studies-risk management, Feasibility Studies Before deciding...

Feasibility Studies Before deciding on strategy, all information of economic or non economic consequences of vulnerability of information asset should be explored. A number of w

Provide the network configuration, QUESTION: a) Below is a capture of a...

QUESTION: a) Below is a capture of an Ethernet II frame which has an IPv4 packet and a segment. Provide the source MAC address in hexadecimal; the source IP address, the length

Describe how the encapsulated security header protocol, Question: (a) ...

Question: (a) Give 2 benefits of using IPsec. (b) IPSec uses two protocol for security: Authentication Header protocol (AH) and the Encapsulated Security Header Protocol (

Area subdivision, the advantages and disadvantages of area subdivision and ...

the advantages and disadvantages of area subdivision and where it is applicable

Representation of a tcp header, (a) Figure is a representation of a TCP hea...

(a) Figure is a representation of a TCP header. For each of the fields lettered from A to G, state the name of the field and provide a brief explanation for the function of each fi

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