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Risk analysis beyond vulnerability and resilience – characterizing the defensibility of critical systems

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  • Bier, Vicki
  • Gutfraind, Alexander

Abstract

A common problem in risk analysis is to characterize the overall security of a system of valuable assets (e.g., government buildings or communication hubs), and to suggest measures to mitigate any hazards or security threats. Currently, analysts typically rely on a combination of indices, such as resilience, robustness, redundancy, security, and vulnerability. However, these indices are not by themselves sufficient as a guide to action; for example, while it is possible to develop policies to decrease vulnerability, such policies may not always be cost-effective.

Suggested Citation

  • Bier, Vicki & Gutfraind, Alexander, 2019. "Risk analysis beyond vulnerability and resilience – characterizing the defensibility of critical systems," European Journal of Operational Research, Elsevier, vol. 276(2), pages 626-636.
    • Handle: RePEc:eee:ejores:v:276:y:2019:i:2:p:626-636
    DOI: 10.1016/j.ejor.2019.01.011
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    3. Bellè, Andrea & Abdin, Adam F. & Fang, Yi-Ping & Zeng, Zhiguo & Barros, Anne, 2023. "A data-driven distributionally robust approach for the optimal coupling of interdependent critical infrastructures under random failures," European Journal of Operational Research, Elsevier, vol. 309(2), pages 872-889.
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    6. Gu, Yu & Fu, Xiao & Liu, Zhiyuan & Xu, Xiangdong & Chen, Anthony, 2020. "Performance of transportation network under perturbations: Reliability, vulnerability, and resilience," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 133(C).
    7. Rana Alabdan, 2020. "Phishing Attacks Survey: Types, Vectors, and Technical Approaches," Future Internet, MDPI, vol. 12(10), pages 1-37, September.
    8. Lin, Chen & Xiao, Hui & Peng, Rui & Xiang, Yisha, 2021. "Optimal defense-attack strategies between M defenders and N attackers: A method based on cumulative prospect theory," Reliability Engineering and System Safety, Elsevier, vol. 210(C).
    9. Scholz, Roland W. & Czichos, Reiner & Parycek, Peter & Lampoltshammer, Thomas J., 2020. "Organizational vulnerability of digital threats: A first validation of an assessment method," European Journal of Operational Research, Elsevier, vol. 282(2), pages 627-643.

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