An asset is worth $10,000. The likelihood of an attack is once every two years with an
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- An asset is worth $10,000. The likelihood of an attack is once every two years with an expected impact of 80% damage. The risk acceptance level is $2000. A control that would reduce the risk to $1000 per event is available at an annual cost of $4000. Should the company implement the control? Calculate residual risk once the control is implemented.
Related Book For
Auditing and Assurance services an integrated approach
ISBN: 978-0132575959
14th Edition
Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley
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