Recommendation for purchase the firewalls:

From the given scenario,

The company losing the amount for viruses and hacking = $250,000.

Total cost for implementing 10 firewalls = $80,000.

Firewall estimation life = 3 years.

Annual maintenance cost on the firewalls = 15, 000.

Calculation of total investment cost for three years:

Calculate the total investment cost for 3 years is as follows

The total investment cost for 3 years = Cost for...

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Chapter B, Problem B5.6MBD

Chapter B, Problem B6.2MBD

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1 1. Firewall Decisions You are the CEO of Inverness Investments, a medium-size venture capital firm that specializes in Investing in high-tech companies. The company receives more than 30,000 email 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. Currently, the company has antivl- rus 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?

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Solution Summary: The author recommends purchasing the firewalls to protect the company from viruses and hackers.

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