Management Of Information Security
6th Edition
ISBN: 9781337405713
Author: WHITMAN, Michael.
Publisher: Cengage Learning,
expand_more
expand_more
format_list_bulleted
Question
Chapter 7, Problem 1E
Program Plan Intro
Single Loss Expectancy:
- The expected monetary loss every time a risk occurs is called the Single Loss Expectancy.
- The Single Loss Expectancy (SLE), Exposure Factor (EF) and Asset Value (AV) are related by the formula:
- SLE = EF * AV
- Introducing this conceptual breakdown of Single Loss Expectancy into Exposure Factor and Asset Value allows us to adjust the two terms independently and is related to risk management and risk assessment.
- Asset Value may vary with market changes, inflation while Exposure Factor can be reduced by enabling preventive measures.
Annualized Loss Expectancy:
- The product of the single loss expectancy (SLE) and the Annual Rate of Occurrence (ARO) give Annualized Loss Expectancy (ALE).
- It is mathematically expressed as:
- ALE = SLE * ARO
- The important feature of Annualized Loss Expectancy is that it can be used directly in a cost- benefit analysis.
Expert Solution & Answer
Trending nowThis is a popular solution!
Students have asked these similar questions
Define threats. Discuss the type of threats with their direction.
List any 5 categories of threat with their corresponding attack examples.
List all known threat categories and sort threats from most frequently encountered to least frequently encountered with URL evidence.
Chapter 7 Solutions
Management Of Information Security
Ch. 7 - Prob. 1RQCh. 7 - Prob. 2RQCh. 7 - Prob. 3RQCh. 7 - Prob. 4RQCh. 7 - Prob. 5RQCh. 7 - Prob. 6RQCh. 7 - Prob. 7RQCh. 7 - Prob. 8RQCh. 7 - Prob. 9RQCh. 7 - Prob. 10RQ
Ch. 7 - Prob. 11RQCh. 7 - Prob. 12RQCh. 7 - Prob. 13RQCh. 7 - Prob. 14RQCh. 7 - Prob. 15RQCh. 7 - Prob. 16RQCh. 7 - Prob. 17RQCh. 7 - Prob. 18RQCh. 7 - Prob. 19RQCh. 7 - Prob. 20RQCh. 7 - Prob. 1ECh. 7 - Prob. 2ECh. 7 - Prob. 3ECh. 7 - Prob. 4ECh. 7 - Prob. 5ECh. 7 - Prob. 6ECh. 7 - Prob. 7ECh. 7 - Prob. 1DQCh. 7 - Prob. 2DQCh. 7 - Prob. 1EDM
Knowledge Booster
Similar questions
- List all known threat types and arrange threats with URL evidence from most commonly encountered to least frequently observed.arrow_forwardWhat do you think the most dangerous security threats will be in the next five years? Why? Please give some instances.arrow_forwardWrite at least 4 examples of how you arrive at the risk rating for a given threat by asking questions to quantify the DREAD categories?arrow_forward
- Please list and quickly explain each of the five ways to control risk.arrow_forwardAssume a year has passed and XYZ has improved its security. Using the following table, calculate the SLE, ARO, and ALE for each threat category listed. YXZ Software Company (Asset Value: $1,200,000 Threat Category Cost per Incident Frequency of Occurrence Cost of Controls Type of Control Programmer mistakes $5,000 1 per month $20,000 Training Loss of intellectual property $75,000 1 per 2 years $15,000 Firewall/IDS Software piracy $500 1 per month $30,000 Firewall/IDS Theft of information (hacker) $2,500 1 per 6 months $15,000 Firewall/IDS Threat of information (employees) $5,00 1 per year $15,000 Physical security Web defacement $500 1 per quarter $10,000 Firewall Theft of equipment $5,000 1 per 2 years $15,000 Physical security Viruses, worms, Trojan horses $1,500 1 per month $15,000 Antivirus Denial-of-service attack $2,500 1 per 6 months $10,000 Firewall…arrow_forward
arrow_back_ios
arrow_forward_ios
Recommended textbooks for you
Management Of Information SecurityComputer ScienceISBN:9781337405713Author:WHITMAN, Michael.Publisher:Cengage Learning,
Management Of Information Security
Computer Science
ISBN:9781337405713
Author:WHITMAN, Michael.
Publisher:Cengage Learning,