Title
Functional quantitative security risk analysis (QSRA) to assist in protecting critical process infrastructure.
Abstract
This article proposes a quantitative security risk assessment methodology that can assist management in the decision-making process where and when to protect critical assets of a chemical facility. An improvement upon previous work is the approach of conducting concurrent Threat and Vulnerability Assessments, as opposed to a sequential approach. Furthermore, this method introduces a Bow Tie risk model mapped into a Bayesian Network model that allows for various logical relaxation assumptions to be applied. Different uncertainty relaxation approaches such as “Noisy-OR” and “Leaky Noisy-OR” and “Noisy-AND” are tested to improve Threat and Vulnerability likelihood. Finally, integrating threat/vulnerability likelihood with potential losses, the security risk is quantified. The potential security countermeasures are characterized into either decreasing vulnerability or decreasing threat likelihood and are reassessed considering a cost analysis. A theoretical case study is conducted to exemplify the execution and application of the proposed method.
Year
DOI
Venue
2017
10.1016/j.ress.2016.08.014
Reliability Engineering & System Safety
Keywords
Field
DocType
Quantitative security risk analysis,Bayesian network,Bow-Tie risk model
Countermeasure,Computer science,Vulnerability assessment,Risk analysis (business),Operations research,Risk assessment,Bayesian network,Bow tie,Cost analysis,Reliability engineering,Vulnerability
Journal
Volume
ISSN
Citations 
157
0951-8320
4
PageRank 
References 
Authors
0.51
2
4
Name
Order
Citations
PageRank
Mark Adrian van Staalduinen140.51
Faisal I. Khan24120.90
veeresh gadag32012.81
Genserik Reniers4124.13