Gce Model Questions Vol1 2021 Computer Studies Question 21
Practice objective / multiple choice question 21 from the 2021 Gce Model Questions Vol1 Computer Studies examination.
An organisation evaluates the risk of a security incident using the formula \(R = T \times V \times I\), where \(T\) is the threat likelihood (a probability between 0 and 1), \(V\) is the vulnerability factor (also between 0 and 1), and \(I\) is the monetary impact in naira. When the impact is ₦600,000 and the threat likelihood is 0.2, the calculated risk is ₦96,000. (a) Determine the current vulnerability factor \(V\). (b) The organisation can reduce the vulnerability by 30 % (i.e., the new vulnerability factor is \(0.7V\)). If the maximum acceptable risk is ₦100,000, what is the greatest impact \(I_{\max}\) (in naira) that can be tolerated after the reduction? Give your answer rounded to the nearest naira.
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About This Question
This is Gce Model Questions Vol1 2021 Computer Studies Question 21. It is one of the objective questions from the 2021 Gce Model Questions Vol1 Computer Studies examination.
Difficulty level: Medium .
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