Akylade Certified Cyber Resilience Fundamentals ACCRF · Free Practice Question Medium
Question 1
In the context of cybersecurity investments, what does Total Cost of Ownership (TCO) encompass?
- A The price comparison between different cybersecurity vendors over time
- B The calculation of all costs associated with a cybersecurity solution throughout its lifecycle
- C The potential savings gained by preventing cybersecurity incidents over time
- D The initial purchase price of cybersecurity hardware and software only
Reveal correct answer
Correct answer: B
Explanation
The Total Cost of Ownership (TCO) includes initial purchase costs, ongoing operation and maintenance expenses, and any indirect costs such as training and downtime, providing a holistic view of the investment's financial impact. TCO helps in assessing overall costs but is not solely about comparing prices between vendors; it's about understanding all costs involved with a solution. TCO includes more than the initial purchase; it encompasses all associated costs over the life of the asset. While preventing incidents can result in savings, TCO primarily measures the total expenditure, not the savings. The savings would be related to the Return on Investment or Return on Assets. For support or reporting issues, include Question ID: 662307630098829f7463d4fd in your ticket. Thank you.Discussion
Think the marked answer is wrong, or have a better explanation? Share it below — comments appear after review.
You must be logged in to post a comment.
