CAS-003 · Question #174
A Chief Information Security Officer (CISO) has requested that a SIEM solution be implemented. The CISO wants to know upfront what the projected TCO would be before looking further into this…
The correct answer is A. Based on cost alone, having an outsourced solution appears cheaper. The costs of making use of an outsources solution will actually be a savings for the company thus the outsourced solution is a cheaper option over a 5 year period because it amounts to 0,5 FTE per year for the company and at present the company expense if $80,000 per year per…
Question
A Chief Information Security Officer (CISO) has requested that a SIEM solution be implemented. The CISO wants to know upfront what the projected TCO would be before looking further into this concern. Two vendor proposals have been received:
Vendor A: product-based solution which can be purchased by the pharmaceutical company. Capital expenses to cover central log collectors, correlators, storage and management consoles expected to be $150,000. Operational expenses are expected to be a 0.5 full time employee (FTE) to manage the solution, and 1 full time employee to respond to incidents per year. Vendor B: managed service-based solution which can be the outsourcer for the pharmaceutical company's needs. Bundled offering expected to be $100,000 per year. Operational expenses for the pharmaceutical company to partner with the vendor are expected to be a 0.5 FTE per year. Internal employee costs are averaged to be $80,000 per year per FTE. Based on calculating TCO of the two vendor proposals over a 5 year period, which of the following options is MOST accurate?
Options
- ABased on cost alone, having an outsourced solution appears cheaper.
- BBased on cost alone, having an outsourced solution appears to be more expensive.
- CBased on cost alone, both outsourced an in-sourced solutions appear to be the same.
- DBased on cost alone, having a purchased product solution appears cheaper.
How the community answered
(38 responses)- A47% (18)
- B26% (10)
- C16% (6)
- D11% (4)
Explanation
The costs of making use of an outsources solution will actually be a savings for the company thus the outsourced solution is a cheaper option over a 5 year period because it amounts to 0,5 FTE per year for the company and at present the company expense if $80,000 per year per FTE. For the company to go alone it will cost $80,000 per annum per FTE = $400,000 over 5 years. With Vendor a $150,000 + $200,000 (?FTE) = $350,000 With Vendor B = $100,000 it will be
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