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Assignment Risk Calculation

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Assignment Risk Calculation You are a medium size online trading company that trades specifically online using the internet. 24x7 hours a day is a must. – PowerPoint PPT presentation

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Title: Assignment Risk Calculation


1
Assignment Risk Calculation
  • You are a medium size online trading company that
    trades specifically online using the internet.
    24x7 hours a day is a must. You have been asked
    to do a risk assessment using the risk cube for
    the following risk areas for this company
  • A. Non-sophisticated hacker or DoS attacks.
  • - The costs associated with fixing this attack
    are 90, 000 sys admin, lost business for a 2 day
    outage 300,000 and
    potential lawsuit from customer 500,000
  • - Severity of this loss to be calculated by
    EV.
  • - Probability or likelihood of this happening
    is 30. (common)
  • - Duration of impact is isolated.
  • B. Electronic Fraud or extortion
  • - The Costs are calculated range from 50,000 to
    300,00 average 150,000.
  • - The severity is to be calculated by EV
  • - Probability is 15
  • - Duration is isolated.
  • C. Insider Theft exposure of confidential
    financial, customer, or competitive information
  • - The costs associated with this are potential
    lawsuit 500, 00 loss of business between 500,000
    and 1,000,000.
  • - Severity is to be calculated by EV
  • - Probability is 20
  • - Duration is extended.
  • D. Non recoverable destruction of customer
    databases or other mission-critical systems
  • - Costs associated with fixing this is between
    2,000,000 5, 000,000.
  • - Severity is to be calculated by EV

2
Results Template
REF Description Severity of Loss Duration Probability EV IMPACT
A
B
C
D
3
RISK ASSESSMENT CUBE Assignment Template
gt 50
Common
Likelihood (Probability) Of an Incident
Extended
Duration of Impact
Rare
Isolated
0
Low xxx
High xxx
Medium
Outcome Severity (loss)
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