Question: 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 ofsalesmen who make an average of $an hour, onworkstations. To do their job, the company's 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 achance that the Internet connection will be down at least once a year due to a natural or other event for at leasthours. This would impactof 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 OccurrenceAROfor the risk of these systems being unavailable?What is the Exposure FactorEFWhat is the Single Loss ExpectancySLEWhat 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 handling methods we have discussed in class?
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