Question
*CYBERSECURITY* Suppose Digital International has a new cloud migration project. The Chief Transformation Officer (CTO) wants to understand how to manage security risks in the
*CYBERSECURITY*
Suppose Digital International has a new cloud migration project. The Chief Transformation Officer (CTO) wants to understand how to manage security risks in the organisation. In your role, using the following table, answer the following questions:
- Calculate Annualised Rate of Occurrence (ARO) and Single Loss Expectancy (SLE) for each threat category in the cloud transformation project.
Threat Category | Frequency of Occurrence | Annual Loss Expectancy (ALE) |
Human Error | 1 per month | $48,000 |
Inadequate Privilged Access Management | 1 per year | $400,000 |
Lack of Secure Coding | 1 per 6 months | $200,000 |
Denial of Service Attack (DoS/DDoS) | 2 per quarter | $300,000 |
Unavailability of cloud | 1 per 10 year | $100,000 |
- Assume that a year has passed, and Digital International has improved security by applying several controls. Using the information from the question above and the following table, calculate the post-control ARO and ALE for each threat category listed
- How much ALE ($ value) will Digital International prevent after the implementation of controls?
Threat Category | Frequency of Occurrence | Cost of Control | Control |
Human Error | 1 per qaurter | $10,000 | Training |
Inadequate Privilged Access Management | 1 per 2 years | $100,000 | Privlged Access Reviews and Automation |
Lack of Secure Coding | 1 per2 years | $75,000 | Secure code scanning tools |
Denial of Service Attack (DoS/DDoS) | 1 per 6 months | $100,000 | DDoS protection Firewall |
Unavailability of cloud | 1 per 20 year | $50,000 | Increasing cloud availability zones |
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