Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Use the following facts to assess the time-based model of security for the ABC Company; how well does the existing system protect ABC? Assume that

Use the following facts to assess the time-based model of security for the ABC Company; how well does the existing system protect ABC? Assume that the best-, average-, and worst-case estimates are independent for each component of the model.

Estimated time that existing controls will protect the system from attack = 15 minutes (worst case), 20 minutes (average case), and 25 minutes (best case)

Estimated time to detect that an attack is happening = 5 minutes (best case), 8 minutes (average case) and 10 minutes (worst case)

Estimated time to respond to an attack once it has been detected = 6 minutes (best case), 14 minutes (average case), and 20 minutes (worst case)

The company is considering investing up to an additional $100,000 to improve its security. Given the following possibilities, which single investment would you recommend? Which combination of investments would you recommend? Explain your answer.

An investment of $75,000 would change the estimates for protection time to 19 minutes (worst case), 23 minutes (average case), and 30 minutes (best case).

An investment of $75,000 would change the estimates for detection time to 2 minutes (best case), 4 minutes (average case), and 7 minutes (worst case).

An investment of $75,000 would change the estimates for response time to 3 minutes (best case), 6 minutes (average case), and 10 minutes (worst case).

An investment of $25,000 would change the estimates for protection time to 17 minutes (worst case), 22 minutes (average case), and 28 minutes (best case).

An investment of $25,000 would change the estimates of detection time to 4 minutes (best case), 7 minutes (average case) and 9 minutes (worst case).

An investment of $25,000 would change the estimates for response time to 4 minutes (best case), 9 minutes (average case), and 12 minutes (worst case).

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Accounting questions