WIT Press


Rationale And Development Of A Security Assurance Index With Application Toward The Development Of A World Risk Index

Price

Free (open access)

Paper DOI

10.2495/RISK060311

Volume

91

Pages

16

Published

2006

Size

339 kb

Author(s)

M. M. Plum & G. A. Beitel

Abstract

Assurance categories were previously developed to support the Department of Homeland Security’s efforts in the mitigation of Cyber Control System events. Defined according to the risk of life and economic loss, the minimum range is designated by policy; whereas, the maximum limit seems to be constrained only by limits and interdependencies of the event. Use of this life/assets scale has proven to be helpful in managing risk due to the scales ease in use, communication, and understanding. Suggestions have been made that this scale could be applied to all events of terror, disaster, and calamity of an international scale, with equally good results. This paper will present the history of some existing scales of disaster and assurance, the rationale behind the development of the original Security Assurance Index, and our proposed scale of disaster and calamity as a World Risk Index. Keywords: World Risk Index, Security Assurance, risk management, risk scale. 1 Introduction Since 9-11, the United States has been allocating a tremendous amount of resources for the prevention of future terrorist attacks. Within the month, the President established an executive-level Office of Homeland Security (OHS) with a mission to \“develop and coordinate the implementation of a comprehensive national strategy to secure the United States (its people and physical assets) from terrorist threats or attacks.” Within the year, the Homeland Security Act of 2002 created the Department of Homeland Security (DHS) which integrated many federal agencies into one organization with the purpose

Keywords

World Risk Index, Security Assurance, risk management, risk scale.