Academic assessment of your work:
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Use the methods used in all academic work. Report sources, references, methods, etc. The result must be readable and presented to other than experts in the field.
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Invented problem
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You should start an online store where you can buy computer software. The software is available for
direct download and you get paid directly with a purchase. To get statistics on what customers buy
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a customer database containing personal customer data must be installed. You assume that you will earn around 300,000 dollar in profit per year. If you lose customer data, it will cost you 25,000 dollar. If your sales and payment process is interrupted somehow you lose 100,000 dollar – therefore data security is needed. As you know, there are many free tools (firewalls, algorithms, SSL servers…) available and you should use these. In any case, do not forget that each implementation of security costs money, try to specify how much. You can also assume that you find an insurance company that wants to sell you insurance on 1500 dollar which guarantees you 15,000 dollar in the event of a loss. You can withdraw as much as you want in insurance, but you do not want to lose more than a maximum of 10,000 dollar per year. You are allowed to change the terms of the fictitious information if you contact me and explain why.
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