1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Galina-37 [17]
3 years ago
10

You are a very small company that sells healthcare insurance plans. You estimate that the breach of your customer database will

cost you $100,000 and that this might happen once in 5 years. A vendor wants to sell you a Data Loss Prevention (DLP) solution that would cost $30,000 per year.
Which of the following is the best course of action?

a. Spend $25,000 on cyber insurance to transfer the risk
b. Spend the $30,000 to mitigate the risk
c. Accept the risk
d. Spend whatever it takes to ensure that this data is safe. Its sensitive data, after all!
Business
1 answer:
liq [111]3 years ago
5 0

Answer:

Spend $25000 on cyber insurance to transfer the risk

Explanation:

A cyber insurance is the best option since it protects the business from internet based risk such as the breach of customer database and other risks involved in the use of the internet by businesses and individual internet users.

The cost of purchasing a Data Loss Prevention solution that would cost $30000 per year will amount to $150000 in 5 years which will be more expensive compared to the cost of the risk it is been used to prevent. hence it is not a good option. also accepting the risk is a very bad option becasue the risk might harm the business beyond expectation.

You might be interested in
Porque no tengo amigos en brainly
ira [324]
U can add me Xd if u want
6 0
3 years ago
Read 2 more answers
A personal business letter is written by an individual to a company for resolving issues related to an unexpected error on a bil
yarga [219]

Answer:

See the explanation below.

Explanation:

                                                                        62, Charlton Street,

                                                                        Ibadan, Oyo State,

                                                                        Nigeria.

                                                                        14 May 2020.

The Accounting Officer,

XYZ Company,

Ibadan, Oyo State,

Nigeria.

Dear Sir,

Complaint Lodgment Over an Unexpected Error in My Bill

This is to bring to your notice an unexpected error of $9 over charge in the consumable items I purchased from your store yesterday, 13 May 2020.

From my recalculation of the total amount for the purchased item, I could observed that the error was due to a transposition of figure by your cashier; he charged me a total sum of $76 instead of $67.

Copies of the invoice and the payment receipt for the items are hereby attached to this letter for your verification. After your verification, kindly get back to me so that I can come to your office for the refund.

I look forward to receiving your usual timely response.

Yours sincerely,

Amcool.

4 0
3 years ago
The equilibrium price and quantity of a good are found where the supply and demand curves intersect.
Drupady [299]
True. Do not forget that the equilibrium quantity is found when the quantity demanded is equal to the quantity supplied, which must be where the two curves intersect.
4 0
3 years ago
If a person deposited $50 a month for 6 years earning 8%, this would involve what type of computation?
Elenna [48]
C. Future value of a series of deposits

It is not B, because although Future Value of a Single Amount (FV) is similar, it is only when you deposit a certain amount one time and let it grow in value. 
Your question says they deposit money more than once, so it is C.
5 0
3 years ago
Read 2 more answers
Recently, Verizon Wireless ran a pricing trial in order to estimate the elasticity of demand for its services. The manager selec
Anettt [7]

Answer:Yes, the Manager made an error.

Explanation:

Increasing the revenue of a firm depends on two factors which are price and effective demand. An increase in price without a fall in demand will increase revenue, an increase in demand without a fall in price will equally increase revenue.

However when manipulating price only in order to increase revenue care must be taken to ensure same or higher level of demand for an increase in price which lead to a fall in demand may boomerang for the firm.

E.g

Year. $ Price. Demand. Revenue$

1. 5. 100. 500

2. 6. 80. 480

The above illustrate an increase in price without a rise or maintaining the same level of demand leads fall in revenue.

8 0
3 years ago
Other questions:
  • Consider luxury weekend hotel packages in Las Vegas. When the price is $250, the quantity demanded is 2,000packages per week. Wh
    11·1 answer
  • What are the relationship between household and commercial bank
    13·1 answer
  • Ballard Company uses the perpetual inventory system. The company purchased $16,000 of merchandise from Andes Company under the t
    14·1 answer
  • The median yearly counts of alligator attacks must be
    7·1 answer
  • In a closed​ economy, aggregate expenditure is
    9·1 answer
  • Fixed costs included in this income statement are $2,000 for meal production and $400 for administrative costs. Maria has receiv
    9·1 answer
  • A company's strategy has a chance of succeeding only when it is predicated on:
    13·1 answer
  • The elements of professionalism contains_ attributes.
    5·1 answer
  • Stanford owns and operates two dry cleaning businesses. He travels to Boston to discuss acquiring a restaurant. Later in the mon
    14·1 answer
  • The fish in the river are consideredrival in consumption andexcludable whereas the fish in the private pond are and . In other w
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!