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You are hired as a security expert for an online retailer. Currently, the company makes an annual revenue of $10,000,000. A security-risk analysis has shown that in the case of a ransomware attack on this company, the company would see an immediate loss of $1,000,000. In addition, due to degraded reputation, the company's revenue would experience a drop of 10% over the next year. It is estimated that online retailers, similar to the one in question, experience 1 ransomware infection every 2 years. The company is considering the purchase of a set of security safeguards that would reduce the probability of successful ransomware infection in half. The annual cost of this set of safeguards is $200,000. It should also be noted that if implemented, the safeguards would slow down the retailer's site, and cause a revenue loss of about $50,000 a month (relative to the current revenue). Using the cost-benefit analysis approach, determine whether the company should purchase this solution. Provide an explicit answer ('should purchase' or 'should NOT purchase'), and write the actual saved/lost dollar amount in the space provided below.

You are hired as a security expert for an online retailer. Currently, the company makes an annual revenue of $10,000,000. A security-risk analysis has shown that in the case of a ransomware attack on this company, the company would see an immediate loss of $1,000,000. In addition, due to degraded reputation, the company's revenue would experience a drop of 10% over the next year. It is estimated that online retailers, similar to the one in question, experience 1 ransomware infection every 2 years. The company is considering the purchase of a set of security safeguards that would reduce the probability of successful ransomware infection in half. The annual cost of this set of safeguards is $200,000. It should also be noted that if implemented, the safeguards would slow down the retailer's site, and cause a revenue loss of about $50,000 a month (relative to the current revenue). Using the cost-benefit analysis approach, determine whether the company should purchase this solution. Provide an explicit answer ('should purchase' or 'should NOT purchase'), and write the actual saved/lost dollar amount in the space provided below.

Computer Networking: A Top-Down Approach (7th Edition)
Computer Networking: A Top-Down Approach (7th Edition)
7th Edition
ISBN:9780133594140
Author:James Kurose, Keith Ross
Publisher:James Kurose, Keith Ross
Chapter1: Computer Networks And The Internet
Section: Chapter Questions
Problem R1RQ: What is the difference between a host and an end system? List several different types of end...
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You are hired as a security expert for an online retailer. Currently, the company makes an annual revenue of $10,000,000. A security-risk analysis has shown that in the case of a ransomware attack on this company, the company would see an immediate loss of $1000,000. In addition, due to degraded reputation, the company's revenue would experience a drop of 10% over the next year. It is estimated that online retailers, similar to the one in question, experience 1 ransomware infection every 2 years. The company is considering the purchase of a set of security safeguards that would reduce the probability of successful ransomware infection in half. The annual cost of this set of safeguards is $200,000. It should also be noted that if implemented, the safeguards would slow down the retailer's site, and cause a revenue loss of about $50,000 a month (relative to the current revenue). Using the cost-benefit analysis approach, determine whether the company should purchase this solution. Provide an explicit answer ('should purchase' or 'should NOT purchase'), and write the actual saved/lost dollar amount in the space provided below. A- В I U X2 x2
Transcribed Image Text:You are hired as a security expert for an online retailer. Currently, the company makes an annual revenue of $10,000,000. A security-risk analysis has shown that in the case of a ransomware attack on this company, the company would see an immediate loss of $1000,000. In addition, due to degraded reputation, the company's revenue would experience a drop of 10% over the next year. It is estimated that online retailers, similar to the one in question, experience 1 ransomware infection every 2 years. The company is considering the purchase of a set of security safeguards that would reduce the probability of successful ransomware infection in half. The annual cost of this set of safeguards is $200,000. It should also be noted that if implemented, the safeguards would slow down the retailer's site, and cause a revenue loss of about $50,000 a month (relative to the current revenue). Using the cost-benefit analysis approach, determine whether the company should purchase this solution. Provide an explicit answer ('should purchase' or 'should NOT purchase'), and write the actual saved/lost dollar amount in the space provided below. A- В I U X2 x2
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