Completion requirements
Read this page and watch the video to learn more about the purpose of risk management and the four stages of the risk management process. Before you move on, make sure you have a good understanding of the formulas, and that you are able to use the formulas on this page to calculate single loss expectancy (SLE), annual rate of occurrence (ARO), and annual loss expectancy (ALE).
Instruction
Security Control Selection Principles
The total cost of a control includes the following:
- Selection
- Construction and replacement
- Acquisition (materials and mechanisms)
- Maintenance and testing
- Non-trivial operating cost
- Potential side effects
- Environmental modifications
- Impact on operations