Neco 2017 Data Processing Question 39
Practice objective / multiple choice question 39 from the 2017 Neco Data Processing examination.
A small business must protect customer data transmitted over the internet. It considers three security options:\n\n1. 128‑bit AES encryption - breach probability per year: \(0.5\%\), implementation cost: \(\text{₦}30{,}000\).\n2. 2048‑bit RSA encryption - breach probability per year: \(0.2\%\), implementation cost: \(\text{₦}45{,}000\).\n3. Simple password protection - breach probability per year: \(5\%\), implementation cost: \(\text{₦}10{,}000\).\n\nA successful breach would cost the business \(\text{₦}500{,}000\). Which option minimises the expected annual cost (implementation cost plus expected loss)? Provide the option name.
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About This Question
This is Neco 2017 Data Processing Question 39. It is one of the objective questions from the 2017 Neco Data Processing examination.
Difficulty level: Hard .
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