# Security Plus Notes Essay example

1885 Words Nov 4th, 2014 8 Pages
Chapter 1: Measuring and Weighing Risk
Risk Assessment
Risks to which the organization is exposed
Allows you to develop scenarios that can help evaluate how to deal with risks
Ex. An OS, server, or application may have known risks in certain environments
Create a plan for your organization.
Risk assessment components allows the organization to provide a reality check on real risks and unlikely risks.
Ex. Industrial espionage and theft are likely, but a risk of a pack of dogs stealing contents of payroll files is low, therefore resources should be allocated to prevent espionage. * Computing Risk Assessment
Prioritize
Measurements of risk assessment
Annualized rate of Occurrence (ARO)
This is the
What is ALE?
The SLE equals \$90,000 (100,000 x .9), and the ARO is .33. therefpre the ALE is 29,700 (\$90,000 x .33).
Your work at the help desk of a small company. One of the most common requests is to help retrieve a file that has been accidentally deleted by the user. On average, this happens once a week. If the user creates the file and then deletes it on the server (about 60% of incidents), then it can be restored in moments from the shadow copy and the is rarely any data lost. If the user creates the file on their workstation and then deletes it, (40% of the time), and if it cannot be recovered and it takes the user and average of two hours to re-create it at \$12 an hour, what is the ALE?
The SLE is \$24 (\$12 x 2), and the ARO is 20.8 (52 weeks x .4). therefore the ALE equals \$499.20 (24 x 20.8)
Risk assessment can either be qualitative (opinion based and subjective) or quantitative (cost based and objective). The formulas for SLE, ALE, and ARO are based on assessments that lead to \$ amounts so they are quantitative. * Acting on Your Risk Assessment
Risk avoidance
Involves identifying a risk and making the decision to no longer engage in the actions with that risk. Ex: a company decides that many risks are associated with email attachments and decide no email attachments can enter the network.
Risk transference
Share some of the burden of risk with someone else, such as an insurance company. A typical policy would pay you a cash amount if all

## Related Documents

• ###### Acc 300 Wk 5 Team Assignment Global Environments Problem Sets Pe-2 E7-5 E7-6 E7-9

determined that it has enough money to buy transient investments in debt and stock securities. In the course of the year, these are the transactions that happened. Feb. 1 Purchased 1,200 shares of NJF common stock for \$50,600 plus brokerage fees of \$1,000. Mar. 1 Purchased 500 shares of SEK common stock for \$18,000 plus brokerage fees of \$500. Apr. 1 Purchased 70 \$1,000, 8% CRT bonds for \$70,000 plus \$1,200 brokerage fees. Interest is payable semiannually on April 1 and October…

Words: 1204 - Pages: 5
• ###### CISSP Exam Notes - Physical Security Essay

CISSP Exam Notes - Physical Security 1 CISSP Exam Notes - Physical Security 1. Introduction 1.1 Physical security addresses the physical protection of the resources of an organization, which include people, data, facilities, equipment, systems, etc. It concerns with people safety, how people can physically enter an environment and how the environmental issues affect equipment and systems. People safety always takes precedence over the other security factors. 1.2 Physical security is the…

Words: 4765 - Pages: 20
• ###### Understanding interest rates Essay

year is approximately A) \$106. B) \$100. C) \$94. D) \$92. Answer: C 5) What is the present value of \$500.00 to be paid in two years if the interest rate is 5 percent? A) \$453.51 B) \$500.00 C) \$476.25 D) \$550.00 Answer: A 6) If a security pays \$55 in one year and \$133 in three years, its present value is \$150 if the interest rate is A) 5 percent. B) 10 percent. C) 12.5 percent. D) 15 percent. Answer: B 7) To claim that a lottery winner who is to receive \$1 million per year…

Words: 2089 - Pages: 9
• ###### Acc 300 Week 5 Essay

SEC filings (US Securities and Exchange Commissions). Available-for-sale securities are one type of investment a company can make. Available-for-sale securities are any security not classified as a trading security or held to maturity security. These can either be debt or equity securities, however, the accounting is the same for each. An accountant must properly account and report these securities on the company's financial statements. Accountants revalue available-for-sale securities each year and…

Words: 2166 - Pages: 9
• ###### Essay Web Based Apps For A Single User With Three Clients

plans. The Basic plan is \$9/month (one user, invoices via email, unlimited invoices, estimates and clients). The Professional plan is \$18/month (everything in the Basic plan plus five users, unlimited invoices, estimates and clients). The Enterprise plan is \$32/month (benefits of the Professional plan, unlimited everything plus a customized invoice template). All plans are capable of accepting international currencies. There is a 30-day free trial available for all three paid plans. InvoiceTo.me is…

Words: 2248 - Pages:
• ###### Essay Bea Associates

05, 2013 293-024 BEA Associates: Enhanced Equity Index Funds In its more traditional equity and fixed-income portfolios, where outperformance was sought principally by investing in attractively valued stocks, bonds, and other physical securities, derivatives were used mainly as a low-cost way of controlling market risk and currency risk. In its derivativesbased portfolios, derivative instruments were used much more extensively both to manage desired portfolio risk exposures and, through…

Words: 4627 - Pages: 19
• ###### India Business Quiz Essay example

Deccan? Ans: Captain Gopinath 15. "World's Local Bank" is the punch line of which bank? Ans: HSBC Bank 16. What is the full form of HDFC? Ans: Housing Development Finance Corporation 17. NASDAQ is an acronym for? Ans: National Association of Securities Dealers Automated Quotations 18. Expand ICICI? Ans: Industrial Credit And Investment Corporation of India 19. "One Family One Bank" is the tagline of which Indian Bank? Ans: Bank of Maharashtra 20. "Express Yourself" is the punchline of Airtel…

Words: 1943 - Pages: 8
• ###### Essay on Fin515

goals, example: Individuals taking a mortgage, car loan, businesses obtaining a loan etc. The capital is transferred in three ways: * Direct transfer of money and securities between borrowers and savers. * Indirect transfers through investment banking house serving as a middleman facilitating the issuance of new securities. * Transfers through financial intermediary such as banks or mutual funds j. What do we call that the price a borrower must pay for debt capital? What is the…

Words: 2031 - Pages: 9
• ###### Eco201Pricniples of Macroeconomics Final Exam Essay

2% at the time. Suppose further that the exchange rate at that time was \$1.68 per British pound . A) Suppose that now a year later the exchange rate is \$1.55 per US pound. What rate of return did the CFO earn on the investment in the British CD? (Note: a specific numeric answer.) B) What must the CFO have expected about the value of the British pound in \$ today to believe that investment in British CD’s was more profitable than investment in US CD’s last July? 2. Between February…

Words: 899 - Pages: 4
• ###### Lee Corporation Essay

January 1, 2006 Available-for-Sale Securities 322,744.44 Cash 322,744.44 (b) December 31, 2006 Cash 36,000 Available-for-Sale Securities 3,725.56 Interest Revenue (\$322,744.44 X .10) 32,274.44 Securities Fair Value Adjustment (Available-for-Sale) 1,481.12 Unrealized Holding Gain or Loss— Equity (\$320,500.00 – \$319,018.88) 1,481.12 (c) December 31, 2007 Unrealized Holding Gain or Loss—Equity 7,401.89 Securities Fair Value Adjustment (Available-for-Sale)…

Words: 919 - Pages: 4