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MIS14ch08 Questionfile

A spreadsheet document performs a security risk assessment for Mercer Paints by listing six potential risks including malware attacks, data loss, embezzlement, user errors, threats from hackers, and improper use by employees. For each risk, it provides the probability of occurrence as a percentage and the average estimated loss in dollars should that risk occur. The largest risks are from power failure at 15% probability and $300,000 average loss followed by threats from hackers at 95% probability and $90,000 average loss.

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Jhunel Penaflorida
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75 views1 page

MIS14ch08 Questionfile

A spreadsheet document performs a security risk assessment for Mercer Paints by listing six potential risks including malware attacks, data loss, embezzlement, user errors, threats from hackers, and improper use by employees. For each risk, it provides the probability of occurrence as a percentage and the average estimated loss in dollars should that risk occur. The largest risks are from power failure at 15% probability and $300,000 average loss followed by threats from hackers at 95% probability and $90,000 average loss.

Uploaded by

Jhunel Penaflorida
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOC, PDF, TXT or read online on Scribd
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Chapter 8 Hands-on MIS

Improving Decision Making: Using Spreadsheet Software to Perform a Security


Risk Assessment

Mercer Paints Risk Assessment

Exposure Probability of Average Loss ($)


Occurrence (%)
Malware attack 60% $75,000
Data loss 12% $70,000
Embezzlement 3% $30,000
User errors 95% $25,000
Threats from hackers 95% $90,000
Improper use by 5% $5,000
employees
Power failure 15% $300,000

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