ABSTRACT

In order to demonstrate the concepts of threat assessment, vulnerability assessment, impact assessment, and security risk calculation, this chapter includes worked examples demonstrating the concepts in security risk analysis to illustrate the techniques presented in this chapter. The worked examples provide guidance on how to perform this step of the security risk assessment process no matter which method the team chooses to adopt. The chapter introduces the RIIOT Framework Risk Assessment Method—Example (RIIOT FRAME). The RIIOT FRAME streamlines the security risk assessment process by aligning the assessment method to the data gathering process that has already been performed by the security risk assessment team. Worked examples of security risks were calculated through an example security risk assessment method (RIIOT FRAME) using both qualitative and quantitative methods.