You work as a project manager for SoftTech Inc. A threat with a dollar value of $150,000 is expected to happen in your project and the frequency of threat occurrence per year is 0.001. What will be the annualized loss expectancy in your project?
I'm not sure, but I think the formula for annualized loss expectancy is Threat Value x Annual Rate of Occurrence. So, it should be $150,000 x 0.001 = $150.
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