Definitions/Glossary

Question 1

BIA

Answer 1

1. Business Impact Analysis
2. A study of the possible impact if a disruption to a business’s vital resources were to occur.

Question 2

SLE

Answer 2

1. Single Loss Expectacny
2. The cost of a single loss when it occurs. This loss can be a critical frailure, or it can be the result of an attack.

Question 3

ARO

Answer 3

1. Annualized Rate of Occurence
2. A calculation of how often a threat will occur.

Question 4

ALE

Answer 4

1. Annual Loss Expectancy
2. A calculation used to identify risks and calculate expected loss each year.
3. ALE = SLE * ARO

Question 5

Qualitative Risk Assessement

Answer 5

1. Based on opinion, subjective.

Question 6

Quantitative Risk Assessement

Answer 6

1. Cost-based (money)
2. Objective.

Question 7

Likelihood

Answer 7

1. Assigning a quantitative number to the chance that something will occur.

Question 8

Threat Vector

Answer 8

1. Any perceivable risk’s area of attack.