The Risk Management Role of Insurance in Energy Infrastructure Security and Resilience

The Risk Management Role of Insurance in Energy Infrastructure Security and Resilience PDF Author: David Favaloro
Publisher: Nova Science Publishers
ISBN: 9781628089363
Category : Disaster insurance
Languages : en
Pages : 0

Book Description
This book examines key risks that the Nations critical energy infrastructure is confronting and the ways in which the insurance industry can help manage these risks, including how it identifies, assesses, and manages them and their potential impacts. Today, weather-related incidents account for the majority of economic losses in the insurance industry as well as in the critical infrastructure sectors. In addition to the traditionally-recognised natural hazards, critical energy infrastructure faces significant emerging threats, including cybersecurity and space weather risks. While the United States has a large, mature insurance market, developing insurance mechanisms for protecting critical infrastructure from these emerging risks remains a significant challenge. The lack of historical data on the frequency and severity of these events, the changing nature of technologies impacted by them, as well as the inherent uncertainties posed by these risks make it difficult to accurately assess these emerging risks and develop proper insurance products. Insurance instruments can be a useful risk mitigation tool for critical infrastructure by encouraging resilience-enhancing investments and acilitating recovery after a disaster. However, due to the increased interdependencies across various critical infrastructure systems and sectors as well as the growing dependence of todays society on the critical infrastructure functions and advanced technologies, the question of insurability of critical infrastructure against emerging risks faces new challenges.

Statistics an Intuitive Approach

Statistics an Intuitive Approach PDF Author: George H. Weinberg
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Book Description


Critical Infrastructure Risk Assessment

Critical Infrastructure Risk Assessment PDF Author: Ernie Hayden, MIPM, CISSP, CEH, GICSP(Gold), PSP
Publisher: Rothstein Publishing
ISBN: 1944480722
Category : Business & Economics
Languages : en
Pages : 372

Book Description
ASIS Book of The Year Winner as selected by ASIS International, the world's largest community of security practitioners Critical Infrastructure Risk Assessment wins 2021 ASIS Security Book of the Year Award - SecurityInfoWatch ... and Threat Reduction Handbook by Ernie Hayden, PSP (Rothstein Publishing) was selected as its 2021 ASIS Security Industry Book of the Year. As a manager or engineer have you ever been assigned a task to perform a risk assessment of one of your facilities or plant systems? What if you are an insurance inspector or corporate auditor? Do you know how to prepare yourself for the inspection, decided what to look for, and how to write your report? This is a handbook for junior and senior personnel alike on what constitutes critical infrastructure and risk and offers guides to the risk assessor on preparation, performance, and documentation of a risk assessment of a complex facility. This is a definite “must read” for consultants, plant managers, corporate risk managers, junior and senior engineers, and university students before they jump into their first technical assignment.

Lifelines

Lifelines PDF Author: Stephane Hallegatte
Publisher: World Bank Publications
ISBN: 1464814317
Category : Business & Economics
Languages : en
Pages : 316

Book Description
Infrastructure—electricity, telecommunications, roads, water, and sanitation—are central to people’s lives. Without it, they cannot make a living, stay healthy, and maintain a good quality of life. Access to basic infrastructure is also a key driver of economic development. This report lays out a framework for understanding infrastructure resilience - the ability of infrastructure systems to function and meet users’ needs during and after a natural hazard. It focuses on four infrastructure systems that are essential to economic activity and people’s well-being: power systems, including the generation, transmission, and distribution of electricity; water and sanitation—especially water utilities; transport systems—multiple modes such as road, rail, waterway, and airports, and multiple scales, including urban transit and rural access; and telecommunications, including telephone and Internet connections.

OECD Reviews of Risk Management Policies Future Global Shocks Improving Risk Governance

OECD Reviews of Risk Management Policies Future Global Shocks Improving Risk Governance PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264114580
Category :
Languages : en
Pages : 142

Book Description
This report provides strategic advice on preparing for and responding to potential global shocks.

Energy Security

Energy Security PDF Author: Barry Barton
Publisher: OUP Oxford
ISBN: 9780199271610
Category : Business & Economics
Languages : en
Pages : 522

Book Description
This volume examines energy security in a privatized, liberalized, and increasingly global energy market, in which the concept of sustainability has developed together with a higher awareness of environmental issues, but where the potential for supply disruptions, price fluctuation, and threats to infrastructure safety must also be considered.

Enterprise Security Risk Management

Enterprise Security Risk Management PDF Author: Brian Allen, Esq., CISSP, CISM, CPP, CFE
Publisher: Rothstein Publishing
ISBN: 1944480439
Category : Business & Economics
Languages : en
Pages : 407

Book Description
As a security professional, have you found that you and others in your company do not always define “security” the same way? Perhaps security interests and business interests have become misaligned. Brian Allen and Rachelle Loyear offer a new approach: Enterprise Security Risk Management (ESRM). By viewing security through a risk management lens, ESRM can help make you and your security program successful. In their long-awaited book, based on years of practical experience and research, Brian Allen and Rachelle Loyear show you step-by-step how Enterprise Security Risk Management (ESRM) applies fundamental risk principles to manage all security risks. Whether the risks are informational, cyber, physical security, asset management, or business continuity, all are included in the holistic, all-encompassing ESRM approach which will move you from task-based to risk-based security. How is ESRM familiar? As a security professional, you may already practice some of the components of ESRM. Many of the concepts – such as risk identification, risk transfer and acceptance, crisis management, and incident response – will be well known to you. How is ESRM new? While many of the principles are familiar, the authors have identified few organizations that apply them in the comprehensive, holistic way that ESRM represents – and even fewer that communicate these principles effectively to key decision-makers. How is ESRM practical? ESRM offers you a straightforward, realistic, actionable approach to deal effectively with all the distinct types of security risks facing you as a security practitioner. ESRM is performed in a life cycle of risk management including: Asset assessment and prioritization. Risk assessment and prioritization. Risk treatment (mitigation). Continuous improvement. Throughout Enterprise Security Risk Management: Concepts and Applications, the authors give you the tools and materials that will help you advance you in the security field, no matter if you are a student, a newcomer, or a seasoned professional. Included are realistic case studies, questions to help you assess your own security program, thought-provoking discussion questions, useful figures and tables, and references for your further reading. By redefining how everyone thinks about the role of security in the enterprise, your security organization can focus on working in partnership with business leaders and other key stakeholders to identify and mitigate security risks. As you begin to use ESRM, following the instructions in this book, you will experience greater personal and professional satisfaction as a security professional – and you’ll become a recognized and trusted partner in the business-critical effort of protecting your enterprise and all its assets.

Natech Risk Assessment and Management

Natech Risk Assessment and Management PDF Author: Elisabeth Krausmann
Publisher: Elsevier
ISBN: 0128038799
Category : Technology & Engineering
Languages : en
Pages : 270

Book Description
Natech Risk Assessment and Management: Reducing the Risk of Natural-Hazard Impact on Hazardous Installations covers the entire spectrum of issues pertinent to Natech risk assessment and management. After a thorough introduction of the topic that includes definitions of terms, authors Krausmann, Cruz, and Salzano discuss various examples of international frameworks and provide a detailed view of the implementation of Natech Risk Management in the EU and OECD. There is a dedicated chapter on natural-hazard prediction and measurement from an engineering perspective, as well as a consideration of the impact of climate change on Natech risk. The authors also discuss selected Natech accidents, including recent examples, and provide specific 'lessons learned' from each, as well as an analysis of all essential elements of Natech risk assessment, such as plant layout, substance hazards, and equipment vulnerability. The final section of the book is dedicated to the reduction of Natech risk, including structural and organizational prevention and mitigation measures, as well as early warning issues and emergency foreword planning. - Teaches chemical engineers and safety managers how to safeguard chemical processing plants and pipelines against natural disasters - Includes international regulations and explains how to conduct a natural hazards risk assessment, both of which are supported by examples and case studies - Discusses a broad range of hazards and the multidisciplinary aspects of risk assessment in a detailed and accessible style

Review of the Department of Homeland Security's Approach to Risk Analysis

Review of the Department of Homeland Security's Approach to Risk Analysis PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 0309161525
Category : Political Science
Languages : en
Pages : 161

Book Description
The events of September 11, 2001 changed perceptions, rearranged national priorities, and produced significant new government entities, including the U.S. Department of Homeland Security (DHS) created in 2003. While the principal mission of DHS is to lead efforts to secure the nation against those forces that wish to do harm, the department also has responsibilities in regard to preparation for and response to other hazards and disasters, such as floods, earthquakes, and other "natural" disasters. Whether in the context of preparedness, response or recovery from terrorism, illegal entry to the country, or natural disasters, DHS is committed to processes and methods that feature risk assessment as a critical component for making better-informed decisions. Review of the Department of Homeland Security's Approach to Risk Analysis explores how DHS is building its capabilities in risk analysis to inform decision making. The department uses risk analysis to inform decisions ranging from high-level policy choices to fine-scale protocols that guide the minute-by-minute actions of DHS employees. Although DHS is responsible for mitigating a range of threats, natural disasters, and pandemics, its risk analysis efforts are weighted heavily toward terrorism. In addition to assessing the capability of DHS risk analysis methods to support decision-making, the book evaluates the quality of the current approach to estimating risk and discusses how to improve current risk analysis procedures. Review of the Department of Homeland Security's Approach to Risk Analysis recommends that DHS continue to build its integrated risk management framework. It also suggests that the department improve the way models are developed and used and follow time-tested scientific practices, among other recommendations.

The Role of Law Enforcement in Emergency Management and Homeland Security

The Role of Law Enforcement in Emergency Management and Homeland Security PDF Author: Mark R. Landahl
Publisher: Emerald Group Publishing
ISBN: 1787693376
Category : Political Science
Languages : en
Pages : 241

Book Description
This book examines the role and involvement of law enforcement agencies across the spectrum of homeland security and emergency management. Contributions from expert practitioners and academics are organized around the mission areas of mitigation/protection, prevention, preparedness, response and recovery.