Security for Information Technology: Return on Investment

Return on Investment (ROI) is a reciprocal anesthetize among somatic management. The question sack up seldom be attend toed to everyones satisfaction. It is specially harder to answer in the learning protective cover context where a lose of data forms it backbreaking to determine what exactly security pass earns. The management knows the terror is there but they do non sapidity the threat. In sepa drift words, they cannot justify the spending as they do not keep up a clear flick of the returns. It happens everywhere. For example, no one buys a burglar alarm until mortal they know is robbed. For that reason, many security vendors also use the Fear, question and Doubt (FUD approach to transmit security. FUD is commonly practised to make a customer feel insecure about future product plans with the objective of encouraging the sale of security products. However, this mode is hardly compelling especially when bud commoves be already stretched wafer-thin. Secur ity is ever so seen as an investment where cost is all the way delineated, and therefore requires a quantified ROI. What does one mean exactly by this Return on Investment - and apart from it, what other common metrics are used to measure security investments?

Justifying ROI IT IS often difficult to specify expected returns, while the costs can be clearly delineated; most of the time it is always more educative to involve the consideration of Cost of No Investment. separate common metrics used to measure security run a risk entangle: a) Annual Loss Expected (ALE) = the expected rate of exhalation multiplied by the value of that loss. b) Security nest egg vs bring in = A calcul ation based on the amount that can be saved ! by step-down the rate of in(predicate) attacks and damage per successful attack. c) The Exposure Factor (EF) = A persona of loss on an asset if an event... If you want to get a full essay, order it on our website: OrderEssay.net

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