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Risk Factors

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Risk and the Theory of Security Risk Assessment
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Abstract

Risk factors are a principal focus of any security risk assessment. Threats and entities affected by threats are related via the components of risk, and the risk factors modulate that relationship. Therefore, a comprehensive security risk management strategy must account for, if not necessarily address, each risk factor identified during an assessment.

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Notes

  1. 1.

    The largest blue whale can be 30 m in length and weigh 173 metric tons (one metric ton equals 1000 kg). In contrast, the largest great white shark is 6.1 m in length and 1905 kg.

  2. 2.

    Sharks have exceptional olfactory capabilities and can also sense minute variations in the electric field intensity generated by other animals. However, they purportedly have poor vision. Attacks on humans have sometimes been explained as cases of mistaken identity where the murkiness of the water contributes to the shark’s difficulty in distinguishing humans from more nourishing meals, e.g., seals.

  3. 3.

    https://en.wikipedia.org/wiki/Air_France_Flight_447

  4. 4.

    Note that the affected entity’s position or location relative to the weapon is not an inherent characteristic of the entity. Therefore, position/location would not be considered a behavioral risk factor for this threat scenario notwithstanding the fact that this feature relates to the affected entity.

  5. 5.

    The width of the track is a spatial risk factor for this threat scenario but only during a critical time period. This period is defined by the time interval between a fall onto the track and the maximum time required to decelerate to zero speed after an approaching train applies the brakes. Spatial and temporal risk factors in combination affect the likelihood and vulnerability components of risk for this threat scenario.

  6. 6.

    In the context of information security threat scenarios these risk factors are specified as vulnerabilities in accordance with an accepted rating scheme known as Common Vulnerabilities and Exosure (CVE).

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Young, C.S. (2019). Risk Factors. In: Risk and the Theory of Security Risk Assessment. Advanced Sciences and Technologies for Security Applications. Springer, Cham. https://doi.org/10.1007/978-3-030-30600-7_2

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