Risk Management 10
Risk Management 10 :
Let me begin by discussing some key principles that apply to port security and, in fact, to all homeland security. First, we do not believe in security at any cost. We believe in risk management, which means looking at threats, vulnerabilities and consequences, weighing what are the risks we should be most concerned about, considering the measures we are looking to undertake, in terms of whether they are cost beneficial, and then weighing that in terms of making up a strategic plan. (DHS, Remarks by Homeland Security Secretary Michael Chertoff to the American Association of Port Authorities, March 20, 2007)
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