Lesson 3

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Table of Contents

Lesson 3

Objective 4

The Variable Nature of the Elements of Risk

Risk is Commonplace

Qualitative Data

Quantitative Data

Purpose of Risk Assessment (Bottom Line)

Using Risk Management Terms - The Catcher at Risk

Risk Assessment - Questions to Be Answered

Performing a Risk Assessment

Define the Purpose of the Assessment

Identify and Bound the Product or System - Decide on Scope or Depth of Assessment

Organize for the Assessment

Define Relationships

What do Analysts do?

Information Sources

Threat Characteristics

Threat Sources

Adversarial Threat Characteristics

Gather and Exchange Information

Gather Information

Gather Information

Gather Information

Gather Information

Gather Information

Develop Attack Scenarios

Avenues of Attack

Determine Potential Consequences

Estimate Risk Parameters

Assessing Risk

Attack Scenario No. 1

Estimate of Risk Attack Scenario #1

Estimate of Risk Attacks # 1 thru 8

Rating Overlay

Likelihood of Success Attack Scenario #1

Risk Assessment Methodology

Risk Mitigation

Countermeasure Considerations

Cost Vs.. Benefit

The Catcher at Risk

Risk Mitigation - At What Cost?

Creating New Vulnerabilities

People Considerations

Time Consideration

Time Consideration

Risk Assessment Reality

Never Ending Cycle

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