Course Title: Determining the Cost of Loss
Duration: Approximately 1.0 hour
Final Assessment: YES
Certificate of Completion: YES
Last Update: 3/30/2019- Pre-Publish Review
Potential: This learning opportunity is for anyone seeking insight into the various costs that occur in the wake of a security incident. Whether you work in Canada, Nigeria or Singapore, our constant theme is to consider security as a serious business discipline. This program will help you achieve that goal.
Determining the Cost of Loss
s What does a security loss really cost your organization? Let's say a pair of shoes are stolen from a department store in Lagos. Perhaps a construction site in Dubai is vandalized by local youth. Maybe your office complex in Perth is burglarized, or an earthquake has damaged your data center in the suburbs of Chicago. What will these events cost you? Are you, or your employer, prepared for the unexpected?
After completing this short program, you will be better prepared to address such important issues.
Although there may be some geographic, social and economic variations, for the most part, the following will apply to each of our global learners. In short, how do you determine the replacement cost of an asset after an incident?