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Apr 14, 2019 - 1 minute read - school

CIS 693 Week5

Risk Asssesment

All risk mitigation comes with a cost, one of the key pieces in determining threats to focus on and spend resources to mitigate is doing a cost-benefit analysis (CBA). In doing a CBA, you will need to know the value of the data, as well as the damage that would occur from a threat. Having a single machine at a remote location that is threatened by flooding for example might show that it is cheaper to backup that remote machine regularly and risk it getting destroyed by a flood than to implement drastic flood protections at the site.