Threat Assessment and Risk Analysis: An Applied Approach details the entire risk analysis process in accessible language, providing the tools and insight needed to effectively analyze risk and secure facilities in a broad range of industries and organizations. The book explores physical vulnerabilities in such systems as transportation, distribution, and communications, and demonstrates how to measure the key risks and their consequences, providing cost-effective and achievable methods for evaluating the appropriate security risk mitigation countermeasures. Users will find a book that outlines the processes for identifying and assessing the most essential threats and risks an organization faces, along with information on how to address only those that justify security expenditures. Balancing the proper security measures versus the actual risks an organization faces is essential when it comes to protecting physical assets. However, determining which security controls are appropriate is often a subjective and complex matter. The book explores this process in an objective and achievable manner, and is a valuable resource for security and risk management executives, directors, and students.Guides readers from basic principles to complex processes in a logical, building block fashionProvides a clear, step-by-step process for performing a physical security threat and risk analysis for any organization Covers quantitative and qualitative risks such as operational risk, legal risk, reputational risk, social risks, and economic risksUtilizes the Department of Homeland Security risk assessment framework and best practices, including CARVER, API/NPRA, and RAMCAP