Risk management is described by Decker as; “a systematic and analytical process to consider the likelihood that a threat will endanger an asset, individual, or function and to identify actions to reduce the risk and mitigate the consequences of an attack” (Decker, 2001, p1). Decker provides the concept that, risk management is not the process of eliminating risk entirely but to implement countermeasures that reduce the consequences of an attack. The Department of Homeland Security’s efforts towards deterring these threats while mitigating assessed risk is the also the concept of risk management within the homeland security enterprise. Identifying the level of risk (R) is a simple concept found through a complicated process, yet must be accurately assessed in order to set priorities of risks. Risk in this case is designed to set value of risk to National security. In order to limit perceived bias, the equation is …show more content…
The timely accurate assessment of these risk is one determining factor that contributes to their individual risk level and sets threat priority in regards to (C, V and T). In order to limit the perceived bias in regards to assessing risk, Friedman points out; ”people are likely to fail to consider each hurdle 's detrimental effect on the odds of success…they use some prior event to estimate the probability of the new one” (Friedman, 2011, p88). This is one specific problem in addressing the assessment of risk in critical areas; it must be accurate and realistic, not over estimated in order to serve a political agenda or based of a specific event. Terror threats constantly evolve and adapt in order to maintain their significance in the global arena. In order for a realistic assessment of risk to be identified, the threat must also be identified in terms of capabilities and
This essay begins with the introduction of the Risk-Needs-Responsivitiy Model which was developed to assess offending and offer effective rehabilitation and treatment (Andrews & Bonta, 2007). The R-N-R model “remains the only empirically validated guide for criminal justice interventions that aim to help offenders” (Polashek, 2012, p.1) consisting of three principles which are associated with reductions in recidivism of up to 35% (Andrew & Bonta, 2010); risk, need and responsivity. Firstly, the risk principle predicts the offenders risk level of reoffending based on static and dynamic factors, and then matched to the degree of intervention needed. Secondly, the R-N-R targets individual’s criminogenic needs, in relation to dynamic factors. Lastly, the responsivity principle responds to specific responsivity e.g. individual needs and general responsivity; rehabilitation provided on evidence-based programming (Vitopoulous et al, 2012).
Chapter 1-3 showed the beginnings of homeland security and the expansion and growth of Homeland Security. Chapter 4 shows the actions of homeland security, and the steps they take toward a problem to access it. The DHS above all needs to realized and understand how to address an attack quickly and efficiently, and have counter measure put into place beforehand. The DHS must be able to access the risks of any situation, and must decipher the potential hazard the situation could cause. When looking at the many functions of the DHS, nothing could be more important than the ability to understand or hinder or stop an attack man made or not. First Homeland Security studies the nature of the risk; this means that they study what is likely to happen in a certain situation. The texted explains risk as what can go wrong. A cigarette smoker takes a risk every time he lights up, and everyone take a risk when getting into a car. The DHS takes what they know from prior circumstances to determine the reality of the risk; the department must also anticipate any attack even without prior knowledge to the circumstance. The main questions of risk assessment are easy to understand, questions like will people be injured or harmed. But when looking at chapter 1 which asks the reader to look further into why terrorist commit terrorism, that’s when its easier to see the DHS skill at risk assessment. For example if you understand that a terrorist attack could be coming from radical Islamist terrorist; then you would understand a risk by understanding their motive behind the attack like their religious holidays. The DHS uses a three-fold method for risk assessment and they are threat, vulnerability and consequence. The Rand organization uses th...
Retrieved from http://www.terrorismanalysts.com/pt/index.php/pot/article/view/268/540 White, J. R. (2014). Terrorism and homeland security (8th ed.). Belmont, CA: Wadsworth.
In order to become a risk manager you have to get your bachelors first, then follow it with master’s degree in business administration, finance or any similar major. In addition to the bachelor’s degree to become a risk manager should be certified or licensed from a healthcare related organization. A risk manager needs an experience of at least four to five years in either business or finance. Specific personal and computer skills should be developed as well, such as great organizational and communication skills, highly detailed oriented, multitasking, software’s, and spreadsheets.
Of particular concern are how DHS responds to a terrorist attack, how prepared DHS is for a terrorist attack, and how much effort DHS puts into coordinating with state and local governments in both preparedness and response to terrorist attacks. These problems can be broken down into seven components, Awareness, Prevention, Protection, Response, Recovery, Service, and Organizational Excellence. (Stephens, 2007, p54) The idea behind the creation of DHS was resolute; the actual implementation of the department is the real challenge as new regulations and boundaries are set then reset. Because of the magnitude of the mission DHS faces, the poor execution of its implementation means that we will still have questionable policies and over-reaching regulations.
There is a lot of complexity in understanding risk management and its correlation to homeland security. Risk management is a way to approach the fact that securing the homeland is not certain and there are unknown variables in every aspect of life; risk management is a way to narrow down the focus based on quantifiable information determining probability against capability. Risk management plays and integral role in homeland security. Risk management is employed using a formula described in the NIPP for establishing a narrow scope to make the best decision about protecting infrastructure. The risk management formula lays down the foundation to make the most reasonable determination based on the potential consequences, vulnerability, and
Provides a review of homeland security in 2008 from the members of the Naval postgraduate schools homeland security network. A survey was administered among the network in regards to what they considered the most important homeland security issue of the year and what issues they believe will be of most importance in the near future.
Homeland security was developed by the United States government to protect the country from external aggression, reduce the likelihood of terrorist attacks and manage the damage that occurs in case of attacks. To this end, the government set up and reconstituted numerous agencies to aid in the fight against terrorism in the United States. The United States Department of Justice and Department of Homeland Security constitute the most prominent departments under the United States law to champion the fight against any attacks by extremist groups. Federal, State and local law enforcement agencies, as well as the United States’ military also have a role to play in homeland security. With the increasing cases of attacks and acts of aggression towards the United States, the government sought to strengthen the resolve to curb any attacks aimed at killing or maiming the citizens or destruction of government institutions and installations. In the wake of the September 11 attacks, it was apparent that stringent measures were needed to prevent attacks on American soil and protect the citizens of the country. This paper examines the duties; responsibility and intelligence methods used by the military, federal, State and local law enforcement agencies, as well as homeland security agencies in the fight against terrorism, with the aim of drawing similarities and differences.
The concept of homeland security has developed over the last decade. Homeland security as a concept was precipitated by the terrorist attacks of 9/11. However, prior to 9/11 such entities as the Gilmore Commission and the United States Commission on National Security discussed the need to evolve the way national security policy was conceptualized due to the end of the Cold War and the rise of radicalized terrorism. After 9/11, policymakers concluded that a new approach was needed to address the large-scale terrorist attacks. A presidential council and department were established, and a series of presidential directives were issued in the name of “homeland security.” These developments established that homeland security was a distinct, but undefined
Col. Randy Larson, renown author and Director of the Weapons of Mass Destruction (WMD) Center, speaks on an in-depth prospective of the field of homeland security and factors that drive the continued efforts to address future threats to the nation for the 21 century. The area of focus presented in the interview are the various ways an individual may enter the field but are not limited to a particular area of study. For example, health care, agriculture, or political science, there is essential no set track for finding a career in homeland security. Challenges surrounding area of homeland security are the mounting financial burdens and the need for the appointment of leadership at a national executive level to address this realistic future threat. Despite these concerns, evidence suggests quality system practices can assist in guiding theses area and the adoption of tools that support quality improvement when addressing homeland security and future concerns.
... recommendation is that better protection should be provided for the management of financial risk. Benkol could use the Net Present Value technique to cover that. Benkol also lacks a proper risk assessment method. Benkol does not use a risk assessment matrix, nor scenario analysis and probability analysis is done by the project manager using subjective assumptions. This can be refined by implementing proper probability analysis and risk assessment matrix.
No firm can be a success without some form of risk management. Risk are the uncertainty in investments requiring an assessment. Risk assessment is a structured and systematic procedure, which is dependent upon the correct identification of hazards and an appropriate assessment of risks arising from them, with a view to making inter-risk comparisons for purposes of their control and avoidance (Nikolić and Ružić-Dimitrijevi, 2009). ERM is a practice that firms implement to manage risks and provide opportunities. ERM is a framework of identifying, evaluating, responding, and monitoring risks that hinder a firm’s objectives. The following paper is a comparison and evaluation to recommended practices for risk manage using article “Risk Leverage
The risk management process needs to be flexible. Given that, we operate in the challenging environment, the companies require the meaning for managing risk as well as continuous improvement in identifying new risks that will evolve and make allowances for those risks that are no longer existing.
“We deliver fact-based, actionable solutions grounded in rigorous analysis” (About, 2016). The Transportation Security Administration (TSA) and Boeing developed a terrorism risk modeling tool in which the RAND organization helped evaluate. “The Risk Management Analysis Tool, or RMAT, simulates terrorist behavior and success in attacking vulnerabilities in the domestic commercial air transportation system, drawing on estimates of terrorist resources, capabilities, preferences, decision processes, intelligence collection, and operational planning” (Aviation, 2012). The RMAT is an important tool in simulating many different attacks and describing just how well the layers of aviation security are likely to perform. It produces particular data allowing analyst to understand the possible damage produced by the different attacks and calculates expected losses and
Risk management is a process used in all industries to reduce the risk. The Risk management tool usage changes from sector to sector and hence each sector has developed their own risk management tools and methodologies to mitigate the risk. But the concept remains the same behind all the tools (Ropel, 2011). The main steps for risk management irrespective of the sector are: