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    Offshore Risk Management - Security Assessment For Offshore Oil-17

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    lightangeldavid
    This document describes a Model-Based Vulnerability Assessment (MBVA) process that involves creating a network model to identify critical nodes, developing fault trees to analyze potential faults and threats, and performing event and fault/risk analyses to inform budget allocation and risk reduction strategies. The goal is to rationalize vulnerability assessments by standardizing quantification of threats and failures to thoroughly analyze components and develop mitigation strategies with justified expenditures.

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    Offshore Risk Management - Security Assessment For Offshore Oil-17

    Uploaded by

    lightangeldavid
    12 views1 page
    This document describes a Model-Based Vulnerability Assessment (MBVA) process that involves creating a network model to identify critical nodes, developing fault trees to analyze potential faults and threats, and performing event and fault/risk analyses to inform budget allocation and risk reduction strategies. The goal is to rationalize vulnerability assessments by standardizing quantification of threats and failures to thoroughly analyze components and develop mitigation strategies with justified expenditures.

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    Offshore Risk Management_ Security Assessment for Offshore Oil-17

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    This document describes a Model-Based Vulnerability Assessment (MBVA) process that involves creating a network model to identify critical nodes, developing fault trees to analyze potential faults and threats, and performing event and fault/risk analyses to inform budget allocation and risk reduction strategies. The goal is to rationalize vulnerability assessments by standardizing quantification of threats and failures to thoroughly analyze components and develop mitigation strategies with justified expenditures.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    12 views1 page

    Offshore Risk Management - Security Assessment For Offshore Oil-17

    Uploaded by

    lightangeldavid
    This document describes a Model-Based Vulnerability Assessment (MBVA) process that involves creating a network model to identify critical nodes, developing fault trees to analyze potential faults and threats, and performing event and fault/risk analyses to inform budget allocation and risk reduction strategies. The goal is to rationalize vulnerability assessments by standardizing quantification of threats and failures to thoroughly analyze components and develop mitigation strategies with justified expenditures.

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    © All Rights Reserved
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    of 1

    MBVA (Model-Based Vulnerability Assessment)

    Network - Node Histogram


    OUTPUT
    Model - Critical nodes (hubs)

    Fault
    OUTPUT - Fault Tree
    Pump Gen-Set

    Analysis

    Event - Threats
    OUTPUT
    Analysis

    Fault / Risk - Budget Allocation


    OUTPUT
    Reduction - Strategy $
    Simple  Identify asset network and hubs. Reduce asset complexity and identify criticality.
    Standardized  Quantify threats by indentifying the faults and likelihoods.
    Quantified  Achieve thorough analysis of asset components and fault/failure combinations.
    Rational Develop mitigation strategy. Justify budget expenditure (CAPEX/OPEX).
    17

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