Management of Information Security (MindTap Course List)
Management of Information Security (MindTap Course List)
5th Edition
ISBN: 9781305501256
Author: Michael E. Whitman, Herbert J. Mattord
Publisher: Cengage Learning
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Chapter 7, Problem 15RQ

Explanation of Solution

Single loss expectancy:

  • The expected monetary loss every time a risk occurs is called the Single Loss Expectancy.
  • The Single Loss Expectancy (SLE), Exposure Factor (EF) and Asset Value (AV) are related by the formula:
    • SLE = EF * AV
  • Introducing this conceptual breakdown of Single Loss Expectancy into Exposure Factor and Asset Value allows us to adjust the two terms independently and is related to risk management and risk assessment...

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