Single Loss Expectancy

aman_sharma_07
Tera Guru

Hi everyone!

 

I wanted to know the accuracy or reliability of the single loss expectancy (SLE) values,

how it is being found & if we have any set of criteria or way to verify its correctness...

 

Any related info will be appreciated!

 

Thanks in advance

5 REPLIES 5

aman_sharma_07
Tera Guru

Hi @Community Alums ,

That was a lot of content and formulas working behind the scenes, but I'm curious to know if there is a way to populate these attributes which are primarily used (or being given, Example SLE) to derive these complex formulae. 

Do we have a check on them? Let's say an Asset with a risk on being stolen or corrupted is almost $788.97, but the IT team communicated the actual loss incurred was $831.38. I'm unable to understand how we will give the management faith that our system (which is no doubt using very effective formulas) are giving them the right numbers on their desk?

Really appreciate your precious time and energy @Community Alums