Of course, just memorizing a list of business analyst interview questions will not make you a great business analyst but it might just help you get that next job.
Register Login. Business Analysis Templates. Blog Postings from Industry Leaders. Articles on the Profession. Once an event is identified it is relatively easy to calculate through statistical analysis the likelihood of that event occurring.
Measuring the effect of an identified event is also generally calculable and based on effects costing. Risk Assessments require a detailed understanding and knowledge of what events can affect the objectives of the organisation or person that requires the Risk Assessment.
The inherent focus of a Threat Assessment is on the Threat Actor. The inherent focus of a Risk Assessment is on the objectives of the actor requiring the Risk Assessment.
The two assessments are different and require different measuring and assessment tools. In the next post in this series a review of will be made of what to do with a Risk and a Threat assessment. Submit Comment.
It might come in the form of a virus, malware, or an actual hacker. Your security system works to prevent threats from inflicting damage. Risk seems very similar to threat, but think of it this way: while a threat is the attacker itself, a risk is to what extent an attack or other unplanned event could inflict damage.
Risk is the possibility that damage might occur due to vulnerabilities, either in your security system, unforeseen events or because of human error. Basically, your organization is your house and your IT system is the locks and doors. A threat is someone trying to come in uninvited, while your risks are leaving your doors and windows unlocked. Specifically, with threat and risk assessments.
A threat assessment analyzes your system to find out what attacks are currently happening or which attacks are being threatened. Based on the findings from the risk analysis, the next step in the process is to identify countermeasure upgrades that will lower the various levels of risk.
If an organization has minimum standard countermeasures for a given facility level which are not currently present, these countermeasures should automatically be included in the upgrade recommendations. Additional countermeasure upgrades above the organization's recommended minimum standards should be recommended as necessary to address the specific threats and associated unacceptable risks identified for the facility.
The estimated capital cost of implementing the recommended countermeasures is usually provided. The estimated installation and operating costs for the recommended countermeasures are also usually provided.
All operating costs are customarily estimated on a per year basis. Figure 3. These photos depict two windows subjected to a large explosion. The unprotected window on the left fails catastrophically. The protected window on the right retains glass fragments and poses a significantly lower hazard to occupants. The final step in the process is to re-evaluate these two ratings for each threat in light of the recommended upgrades.
Using an exterior explosive threat as an example, the installation of window retrofits i. Therefore, the impact of loss rating for an explosive threat would improve, but the vulnerability rating would stay the same. A second example could be introduction of an explosive into the interior of the facility.
The potential upgrade for this threat might be X-ray package screening for every package entering the facility. While the potential impact of loss from an internal detonation remains the same, the vulnerability to an attack is lessened because a package containing explosives should be detected prior to entering the facility. To further reduce risk, structural hardening of the package screening areas could also reduce potential impact of loss. Reduction of either the impact of loss rating or the vulnerability rating has a positive effect on the reduction of overall risk.
The federal government has been utilizing varying types of assessments and analyses for many years. FSRM is currently being used by several federal agencies as well as commercial businesses to assess their facilities. This tool is designed to be used by security personnel and allows the user to:. More information about FSR-Manager can be found at www. All rights reserved.
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