Re-Thinking All Hazards Risk Assessments

Monday, February 16
Breakout 2

An all-hazard approach to risk assessments and preventive measures seems efficient but it may lead to inaccurate risk prioritization's because of a lack of emphasis on rigorously analyzing security threats.

The increasingly common “all hazards” approach to the development of a risk assessment is flawed due to the different methodologies used to assess threats and hazards. Due to the different components involved in assessing natural hazards and accidents as opposed to threats, a common methodology, while seemingly efficient, may potentially lead to inaccurate results.However, with some additional analytical work, the "all hazards" may be effective where an Enterprise Risk approach is adopted that comprehensively addresses all risks that may be pertinent to the assessed entity, whether it is a government, company, building, or any other entity.

Presented by: Michael Edgerton, Principal, Good Harbour International Consulting, UAE

Michael Edgerton, CPP, is an international security consultant whose work focuses on maritime security, security risk management, critical infrastructure protection, crisis management, and security sector reform. He has worked in numerous countries in North America, Asia, Africa, and the Middle East. Prior to entering the private sector, he served in the United States military as a commissioned officer for 20 years where he spent much of his career specialized in security and intelligence. Mike has an undergraduate degree from Bucknell University, a Master’s Degree from the National Intelligence University and is a graduate of the U.S. Naval War College. He is the author of the book, “A Practitioner's Guide to Effective Maritime and Port Security”.