Abstract
Since absolute security against the homeland’s threats and hazards is neither fiscally nor operationally possible, assessing and managing risk is essential to ensuring security and resilience. This chapter outlines the foundations of risk assessment, including the key tenets and importance of a comprehensive risk management approach. Further, the foundational risk assessment concepts of threat, hazard, vulnerability, and consequence are identified and explored. In explaining each area, example risk models are explored with an emphasis on infrastructure security and resilience. Last, the action of risk communication is explained with an emphasis on decision making and information dissemination.
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Baggett, R.K., Stout, A.L. (2022). Critical Infrastructure Risk Analysis and Management. In: Masys, A.J. (eds) Handbook of Security Science. Springer, Cham. https://doi.org/10.1007/978-3-319-51761-2_1-1
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DOI: https://doi.org/10.1007/978-3-319-51761-2_1-1
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