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
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Barilla Case Study Term Project Part 2 Q1. What problem was JITD trying to solve? Ans1. The JITD program was trying to meet the extreme variation in demand with which was straining Barilla’s manufacturing and logistics operations. For example‚ some of the products required extreme heat and when the demand would suddenly increase‚ the production could not keep up with the demand. On the other hand holding large quantities of goods to meet the distributers’ requirements was resulting in very high
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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
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Secure Sockets Layer (SSL) Advanced Encryption Standard (AES) Digital signature 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
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Critical areas ● Cost of missing deadline The deadline is in 9 months after that every additional month over deadline is 100‚000 dollar fine‚ however the contract will end if it goes over 3 months pass the deadline ARO = 3 MONTHS SLE = 100‚000 ALE = 300‚000 OR ARO X SLE ● Storage space 3 new wiring closets will be needed if we build a 10 by 15 closet at 100 dollars a square foot that’s 2500 dollars a closet We need climate control. A dedicated control for cooling is 5000 to 20
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Essay n°=1: Describe the methods used to calculate value added. How does value added contribute towards understanding the connections between the business and its product markets? Use relevant examples to illustrate points. Within the framework of value added in general‚ Pigou and Bernard Cox suggested the calculation of Value Added that is used for classical nationals accounts. In 1920‚ Pigou gave his interpretation of value added‚ consisting of being able to precisely determine the earnings
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analysis uses relative ranking? A. Objective risk analysis B. Qualitative risk analysis C. Subjective risk analysis D. Quantitative risk analysis 6. Which risk-analysis value represents the annual probability of a loss? A. EF B. SLE C. ALE D. ARO 7. Which risk-response option would best describe purchasing re insurance? A. Accept B. Mitigate C. Transfer D. Avoid 8. Which risk response would be most appropriate if the impact of a risk becoming a reality is negligible
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will amount to about $5‚500 or $8‚000 total. Due to these measures‚ the Annual Rate of Occurrence is expected to drop by 3%‚ making the residual annual risk to be of 7%. If we add the $8‚000 to the $375‚000‚ it will create the new SLE of $383‚000. Therefore‚ the new ALE will be of $26‚810. This would reduce the costs from the initial risk by $10‚690 if an event were to
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authentication factors 5.p21 Access control threats cannot be 100% eliminated because new ones are constantly being devised. 6.p26-27 Quantitative risk assessment relies on several calculations a Single Loss Expectancy (SLE) b Annual Rate of Occurrence (ARO) c Annualized Loss Expectancy (ALE) 7.p24 Social engineering is the single most common strategy attackers use and it’s also the most effective 8.p35 Under system application domain‚ patch management is what? Can be used to address security threats
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Omega Perimeter Design Project Student: School: Course: Instructor: Term: Date: Richard.Railey Tarrant County College ITSY-2401 Firewalls Charles Deassure Spring 2013 May‚ 1‚ 2013 Overview Current Situation Main Security Concerns: As a rapidly growing business that primarily utilizes IT resources for intranet company communications between and among a single home office and three satellite offices; internal network access controls and remote employee user’s access controls seem to be of
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