A risk assessment was conducted on two assets (A1 and A2) from three threats (T1,...
50.1K
Verified Solution
Link Copied!
Question
Accounting
A risk assessment was conducted on two assets (A1 and A2) from three threats (T1, T2, and T3) with the results as shown in the table below. By investing in additional countermeasures (CMs), some risk can be reduced. Assume that the new CMs will have no impact on the likelihood of each threat and that the cost of money is 7%. Conduct an incremental B/C analysis to determine which threat-asset pair reduction would yield the best return on investment. Asset- Threat Pair Vulnerability (V1) New CMS ($) New CMS Effectiveness CMS Service Life (yrs) A1:T1 A1:T2 A1:T3 A2:T1 A2:12 A2:13 Worst Reasonable Consequences (C) ($-million) 9.2 14.5 5.2 9.6 4.8 4.0 0.85 0.29 0.95 0.96 0.28 0.57 Threat Likelihood (T) 0.00300 0.00065 0.06100 0.00038 0.00590 0.00260 $ 32.000 | $3,250 $49,200 $ 5,000 $3,580 $ 10,800 0.38 0.75 0.08 0.65 0.08 0.66 ow
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
