Security Risk Assessment and Management

Introduction

This course provides participants with an in-depth understanding of how to identify, assess, and manage security risks across various sectors. It empowers professionals with proven methodologies and analytical tools to anticipate threats, evaluate vulnerabilities, and develop comprehensive mitigation strategies. The program is aligned with international standards and best practices in risk governance.

Objectives

By the end of this course, participants will be able to:

• Identify internal and external security risks affecting operations
• Apply qualitative and quantitative risk assessment techniques
• Analyze asset value, threat likelihood, and impact severity
• Develop risk matrices and conduct site-specific risk profiling
• Recommend control measures based on prioritized risks
• Monitor, review, and continuously improve the risk management process

Target Audience

This course is ideal for professionals working in:

• Oil & gas operations and refineries
• Industrial plants and energy facilities
• Critical national infrastructure and transport sectors
• Government institutions and civil defense departments
• Financial institutions, utilities, and security firms
  Including:
• Security and safety managers
• Risk and compliance officers
• Field engineers and site supervisors
• Emergency planners and HSE coordinators
• Facility and operations managers
• Consultants and auditors in the security domain

Course Topics

• Principles of security risk and threat-based thinking
• Types of risks: operational, strategic, reputational, technical
• Identifying valuable assets and critical points of failure
• Threat and vulnerability analysis models
• Site risk assessment techniques (physical, procedural, technological)
• Introduction to ISO 31000 and risk management frameworks
• Developing and interpreting risk matrices
• Techniques for estimating probability and impact
• Risk prioritization and risk appetite setting
• Designing appropriate mitigation and control strategies
• Security zoning and layered protection approaches
• Risk documentation and reporting tools
• Integrating risk assessment into business continuity planning
• Dynamic risk monitoring and adjustment procedures

Communicating risk findings to leadership and stakeholders