Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

*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

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

A Study In Public Finance

Authors: A. C. Pigou

1st Edition

1443722766, 978-1443722766

More Books

Students also viewed these Finance questions

Question

Explain the process of MBO

Answered: 1 week ago