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Homework Assignment: Determining the Annual Loss Expected to Occur from RisksGeorge runs a company that sells used textbooks to students online. He has a network
Homework Assignment: Determining the Annual Loss Expected to Occur from RisksGeorge runs a company that sells used textbooks to students online. He has a network of sales engineers that consists of salesmen who make an average of $ an hour, on workstations. To do their job, the companys users must be constantly connected to the Internet with their workstations to check out college courses being offered at different institutions. Historically, the company has seen that there is a chance that the Internet connection will be down at least once a year due to a natural or other event for at least hours. This would impact of the users. George must consider if this risk warrants the purchase of a $ per year UPS solution.Answer the following questions:What is the Annualized Rate of Occurrence ARO for the risk of these systems being unavailable?What is the Exposure Factor EFWhat is the Single Loss Expectancy SLEWhat is the ALE?Identify this proposed control as being preventive, detective, or corrective.What would be your recommendation for managing this risk, based on the risk handlingmethods we have discussed in class?
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