information systems security

posted by .

richman is considering buying insurance for each smartphone.use the ALE to detrmine the usefulness of this safeguard.for example,they can purchase insurance for each device for $25.00 per year.The safeguard value is $25x 1,000 devices, or $25,000.it is estimated that if the insurance is purchased the ARO will decrease to 5.Should the company purchase the insurance?
Current ALE=
ARO with control =5
ALE with control= (current ALE-ALE with control)
safeguard value(cost of control)=25,000
Realized savings= (savings with control-safe guard value)

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Statistics

    1) Laura McCarthy, the owner of Riverside Bakery, has been approached by insurance underwriters trying to convince her to purchase flood insurance. According to local meterologist, there is a 0.01 probability that the river will flood …
  2. Statistics

    ) Laura McCarthy, the owner of Riverside Bakery, has been approached by insurance underwriters trying to convince her to purchase flood insurance. According to local meteorologists, there is a 0.01 probability that the river will flood …
  3. Accounting

    On April 1, 2009, the company paid an insurance company $5,000 for a two-year fire insurance policy. The entire $5,000 was debited to insurance expense. What is the Dec. 31, 2009 adusting journal entry?
  4. Intermediate Accounting

    I am having a hard time calculating this my question is On April 1, 2011, the company paid an insurance company $4,000 for a two-year fire insurance policy. The entire $4,000 was debited to insurance expense. How do I calculate?
  5. ACCOUNTING

    On July 1, 2011 you purchase and pay $36,000 for a three year insurance policy. How much will your insurance expense be this year and during the following three years under the cash and accrual basis methods?
  6. Business Managment

    Problem 11.3 -- Kelly is a 35 year old single parent with a one-year-old son. She earns $45,000 a year as a marketing analyst and has employer paid group life insurance worth twice her annual salary. She also participates in her employer’s …
  7. Math

    The Joseph, Inc. uses the accrual basis of accounting. Joseph's insurance expense account had a $23,000 balance at the end of the year. The prepaid insurance account had a $6,000 balance at the beginning of the year and a $3,000 balance …
  8. need help!

    I posted a question and didn't get it answered, why?
  9. Tax Accounting

    Can someone explain how to do the math on this?
  10. Economics - Finance

    Your first baby was born yesterday and is healthy and strong. To guard against your premature death, you want to purchase a life insurance policy that will replace $58,000 of your annual income until your child is 20 years old. How …

More Similar Questions