Risk Assessment Of Homeland Security - 1371 Words

Risk Assessment in Homeland Security Given the extreme variance of threats presented across the United States as well as its territories and the expensive nature of securing and protecting everything from citizens to critical infrastructure, a system has been developed in order to determine how to best manage risks and allocate resources to protect such elements. This system is composed of formula that has been devised in order to determine the risk to a potential target and the effects of various types of attacks. This formula will be broken down into its individual parts and analyzed. Once the formula has been broken down, the discussion will move to how that formula effects the operations of the Department of Homeland Security (DHS). Further discussion will show how the DHS allocates its numerous resources in order to provide the best protection and security while minimizing cost and potential effects of an attack. Risk management, as applied to the United States as a whole by the Department of Homeland Security (DHS) focuses on mitigating and minimizing threats and attacks against the nation. The basic template applied to risk management by the DHS is a simple equation. This equation has been modified to its current form which is defined as R=T*V*C. Breaking down this equation to each component shows what is being analyzed in the risk management process. â€Å"R† is defined as the Risk. The risk is equal to the next three components of the equation, which are asShow MoreRelatedRisk Assessment : A New Standard Of Security For The Homeland Security1173 Words   |  5 PagesRisk Assessment Vanhunnik, Tiffani HLSS302 After the events of September 11th 2001, the United States was left in a weakened state. What had happened? What had gone wrong? What did we miss? These questions are what faced a government scrambling to find a plan to ensure that these events did not have an encore. In the year following September 11th 2001 the United States government came together with selected delegates representing both parties of republicans and democrat and the 9/11 commissionRead MoreWhat Role Does Risk Management Play Within The Homeland Security Enterprise?1186 Words   |  5 PagesWhat role does risk management play within the homeland security enterprise? To answer that question we first have to examine what risk management is. Risk management is an anaclitic approach to figuring out the likelihood that an event will impact a specific assets, person, or function and then implementing steps to mitigate the impact or consequence of the event. (Decker, 2001) The Standard risk management formula that t he Department of Homeland Security uses is R=T*V*C or Risk = Threat * VulnerabilityRead MoreThe Department Of Homeland Security Essay1380 Words   |  6 Pagesâ€Å"Take calculated risk. That is quite different from being rash.† Great success can be obtained by calculating risks. Lives can be saved, infrastructure protected, and evil avoided, but how does one calculate risk? The Department of Homeland Security (DHS) has developed a risk management system to help address risks, primarily terrorism risks. It is important to realize that this is a system. Comprising this system of risk management are some key steps, such as the risk assessment and decision makingRead MoreThe Role Of Risk Management On The Homeland Security Enterprise1361 Words   |  6 Pagesagainst the United States, a series of risk management evaluations were created by the US Federal Government to assess the future risks the homeland was going to face. When the Department of Homeland Security (DHS) was of ficially created in 2002, more effective risk management assessments were re-designed to evaluate the past and present dangers, prevent them and respond successfully to more terrorist attacks. 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This question is how to appropriately coordinate risk management programs while acknowledging elements of focus in regards to different assets and the manner in which these assets are used. The homeland security uses risk assessments on all areas, which this paper will be focusing on,Read MoreU.s. Department Of Homeland Security1668 Words   |  7 Pages1. Purpose Among one of the missions of The U.S. Department of Homeland Security is to protect and preserve the security of the Cyberspace in the country. The principal objective of this Security Plan is to give instructions and direction for the Department’s workers and help the Homeland Security to create best practices and strategies in the IT security system. 2. 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