NT2580 Unit 6 Quantitative And Qualitative Risk Assessment Analysis

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Nt2580: Unit 6 Quantitative and Qualitative Risk Assessment Analysis NT2580: Unit 6 Quantitative and Qualitative Risk Assessment Analysis Qualitative Risk Assessment Single loss expectancy (SLE) : Total loss expected from a single incident Annual rate of occurrence (ARO): Number of times an incident is expected to occur in a year Annual loss expectancy (ALE): Expected loss for a year ALE = SLE X ARO Safeguard value: Cost of a safeguard or control Scenario: Richman Investments provides high-end smartphones to several employees. The value of each smartphone is $500, and approximately 1,000 employees have these company-owned devices. In the past year, employees have lost or damaged 75 smartphones . With this …show more content…

Management has determined that the three primary risks the company faces in protecting the data are as follows: • • • Unauthorized access by an external party Sabotage by an internal employee Hardware failures Richman has created scales for the probability and impact of risks as follows: Probability: Low = 10% , Medium = 50%, and High = 100% Impact: Low = 10, Medium = 50, and High = 100 After surveying key individuals

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