Key Terms
- Annualized Loss Expectancy (ALE)
The ALE is an annual expected financial loss to an organization’s IT asset because of a particular threat being realized within that same calendar year.
- Annualized Rate of Occurrence (ARO)
The ARO is a value that represents the estimated frequencyfor a given threat.
- Asset Value (AV)
The AV is the actual dollar value that is put on the asset itself. Remember that for a data asset, the actual dollar value may be more than the value of the IT hardware, software, maintenance contracts, and so on.
- Data classification standard
A standard that defines an organization’s classification of its data assets. Typically, a data classification standard will dictate the level of minimum acceptable risk within the seven ...
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