What is the risk of failure? Is the company willing totake the risk?
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What is the risk of failure? Is the company willing to
take the risk?
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Solved in 2 steps
- Think about Kerberos from the point of view of a business, for example.Is there a contingency plan in place in the event that either the AS or the TGS fails?Which elements contain the highest likelihood of failure, and which require an additional commitment of managerial, monetary, technological, and human resources?What does the risk factor value that you obtained from mean? (f). What will the value be used for in the future?
- From a technical perspective, how should the threat be classified? What kinds of dangers do people face in the real world, by the way?Buy vs. Lease Equipment Decision Tree Use the information in the table below to decide whether you want to lease versus buy new technology. Calculate expected value of each outcome and show your calculations (Probability X Impact). Explain the best option based on the outcome, and why. The biggest concerns or risks with purchasing technology are the rapid changes that happen in technology and the low end-of-life value of technology. Therefore, there is a 40 percent chance that the leased equipment will have better contractual value at the end of the lease-period . Alternatively, there is an 85 percent chance that purchasing new technology will have a lower-than-expected value at the end of the project life. The cost for the technology, if leased, is $11,500, versus the cost of purchasing a new technology, which is $15,000. Cost to buy a new technology-$15,000 Probability of having lower-than-expected value at the end of the project life.-85% Probability of that the leased equipment…Can the identification of IT risk be left to the care of external consultants only without theinput of permanent/ full time IT employees with the company?
- In connection to Risk Management, what is the reward for risk taking? Subsidies Low taxes Efficient Operations ProfitsIt is the security team's job to assess the magnitude of residual risk and then develop a risk management plan.When should the CAE report to the management if the preliminary risk assessment finds control weakness? 1. promptly 2. Through meetings and reports after the end of the fieldwork