Final Project Essay

942 words - 4 pages

2. Specify Loss Event/Vulnerabilities

In this section current security threats for ISB and the greater community are examined. Loss from violent and petty crimes and disasters (natural and manmade) where studied over a three year time period. It must be noted that true crime statistics in China are either non-existent or otherwise unavailable to anyone outside of the Chinese government. Therefore, all crime rates of occurrence are based on non-statically data and derived from unofficial sources.
There is no reason to suspect that Shunyi doesn’t have the same incidents of criminal activity and crimes of opportunity as any other area of geographical size and population in China. While ...view middle of the document...

Probability of loss risk is a concept based upon considerations of such issues as prior incidents, trends, warnings, or threats, and such events occurring at the enterprise (“ASIS”, 2001).

Traditional Risk Vulnerability Assessments have tended to examine only structural elements, such as buildings, facilities and infrastructure. Engineering analyses of the built environment would effectively determine the following:
• The vulnerability of structures based on the building type
• The construction materials.
• The foundation type and elevation.
• The location within a Special Flood Hazard Area
• The wind load capacity, and other factors.
Today, Risk Vulnerability Assessments are performed for a variety of people, property, and resources and examine and establish the probability of loss risk and frequency of events through assessment matrixes.

(P) Probability Legend:
PU Probability Unknown
NL Not Likely
L Likely
C Certain
(I) Impact Legend
LI Low Impact (under $1,000)
MI Medium Impact ($1,000-$10,000)
HI High Impact (Over $10,000)
(F) Frequency Legends
D Daily
W Weekly
M Monthly
Y Year or Longer
Event P I F
Student Assaulted NL HI Y
Staff Assaulted NL MI Y
Student Kidnapped NL HI Y
Theft of School Property C LI W
Vandalism L LI M
Burglary NL LI Y
Arson or Attempted Arson NL HI Y
Bomb Threat hoax PU LI Y
Civil Disturbance/ Force majeure PU HI Y
Pandemic NL HI Y
Natural Disaster NL HI Y

4. Determine Impact of Events

When you are determining the impact of a specific event you must consider the financial, psychological, and related costs. Additionally, one must also account for the loss of tangible or intangible assets of an organization associated with the event in question. ISB is located in the Shunyi District of Beijing. The general area has historically been outside the...

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