When properly conducted, risk analysis enlightens, informs, and illuminates, helping management organize their thinking into properly prioritized, cost-effective action. Poor analysis, on the other hand, usually results in vague programs with no clear direction and no metrics for measurement. Although there is plenty of information on risk analysis, it is rare to find a book that explains this highly complex subject with such startling clarity. Very few, if any, focus on the art of critical thinking and how to best apply it to the task of risk analysis. The first comprehensive resource to explain how to evaluate the appropriateness of countermeasures, from a cost-effectiveness perspective, Risk Analysis and Security Countermeasure Selection details the entire risk analysis process in language that is easy to understand. It guides readers from basic principles to complex processes in a step-by-step fashion,ย evaluating DHSโapproved risk assessment methods, including CARVER, API/NPRA, RAMCAP, and various Sandia methodologies. Using numerous case illustrations, the text clearly explains the five core principles of the risk analysis lifecycleโdetermining assets, threats, vulnerabilities, risks, and countermeasures.ย It also supplies readers with a completely adaptable graphic risk analysis tool that is simple to use, can be applied in public or private industries, and works with all DHSโapproved methods. This reader-friendly guide provides the tools and insight needed to effectively analyze risks and secure facilities in a broad range of industries, including DHS designated critical infrastructure in the chemical, transportation, energy, telecommunications, and public health sectors.