Chapter 3

Security Risk Management

Objectives

• Understand and apply the principles of risk, security risk, and security risk management.

• Discuss the various concepts that form risk and risk management, such as probability, likelihood, consequence, and gaming.

• Apply the international framework of risk management, describing each stage.

• Reconstruct the framework of security risk management, describing each stage and the informing processes of threat assessment, criticality register, and vulnerability assessment.

• Critique the concepts that make security risk management unique from risk management.

• Contrast the social and cultural theories and how these aid or divert the risk management process.

• Be able to evaluate the theories that underlie ...

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