Risk Management 17
Risk Management 17 :
Risk management is about playing the odds. It is figuring out which attacks are worth worrying about and spending money on and which are better left ignored. It is spending more resources on the serious attacks defined as being very likely or if successful having devastating effects and spending less on the trivial ones. It is taking a finite security budget and making the best use of it.. In other words, homeland security should be about wise choices, not just increased spending. (De Rugy 2004, 20)
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