Metrics and Methods for Security Risk Management

Carl S. Young is a recognized subject matter expert in information and physical security risk management. He is currently a Managing Director and the Chief Security Officer at Stroz Friedberg, an international security risk consulting firm. He is the former Global Head of Physical Security Technology at Goldman Sachs as well as a former Senior Executive and Supervisory Special Agent at the FBI. He was also a consultant to the JASON Defense Advisory Group. Mr. Young is the author of Metrics and Methods for Security Risk Management (Syngress, 2010), and The Science and Technology of Counterterrorism (Butterworth-Heinemann, 2014) as well as numerous journal publications. In 1997 he was awarded the President’s Foreign Intelligence Advisory Board (PFIAB) James R. Killian Award by the White House for significant individual contributions to U.S. national security. Mr. Young received undergraduate and graduate degrees in mathematics and physics from the Massachusetts Institute of Technology.

"Carl S. Young, VP [and senior risk strategist at a major international corporation], has delivered a volume to make the technology bedrock of security more comprehensible. To justify any security measure, Young shows how risk management can be understood quantitatively. That’s important because so many workplace decisions on vulnerability are made after calculating risk metrics."--Security Letter, Vol. XL, No. 9 (September 2010)"…This author has a unique and useful perspective on an important and timely topic."-- Jon A. Schmidt, PE, BSCP, Director of Antiterrorism Services, Burns & McDonnell, Kansas City, MO"Dealing with security risks requires not only the wisdom and experience to assess threats, but also the scientific and technical knowledge to mitigate their risk. Carl Young's wide-ranging expertise in both these areas has been recognized and honored during his distinguished career in government and in the private sector, and informs this fascinating book…[T]his book will be valuable to security professionals as well as concerned citizens."--Prof Emeritus Sidney Drell, Deputy Director, Stanford Linear Accelerator Center (1969-1998)"In the post 9/11 world we had to find cost effective, practical, risk-based, resilient solutions to immensely challenging issues. Carl Young was, and is, central to that work. He combines academic brilliance with practical, hands-on experience of delivering security solutions. This book is a synthesis of that work."--James A. King, CBE, Senior UK government security and counterterrorism advisor (1978-2008). Head of Security and Fraud, Lloyds Banking Group, UK"There is nobody in the field of security who surpasses Carl Young's experience and expertise. And now, for the benefit of us all, he has written Metrics and Methods for Security Risk Management. From the thoughtful layout of the chapters, to the clarity of his language and examples, Carl has given the gift of his experience as a scientist and hands-on professional with a talent for writing. This book provides direction and disciplined analysis essential for risk managers and security professionals serious about their work and their careers."--Ed Stroz, Co-president, Stroz Friedberg LLC, leading IT security and digital forensics consulting firm

• Part I - The Structure and Function of Security RiskChapter 1 - Security Threats and RiskChapter 2 - The Fundamentals of Security Risk MeasurementsChapter 3 - Risk Measurements and Security ProgramsPart II - Measuring and Mitigating Security RiskChapter 4 - Measuring the Likelihood Component of Security RiskChapter 5 - Measuring the Vulnerability Component of Security RiskChapter 6 - Mitigating Security Risk: Reducing Vulnerability