Threat and vulnerability risk assessment for the insurance industry

The terrorist attacks of September 11(th), 2001 significantly changed the American view of security. AIG Consultants, Inc. (AIGC), a member company of American International Group, Inc. asked the Engineering Management program at the United States Military Academy (USMA) to develop a method to quantify the risks from potential terrorist events to clients. The methodology uses multi-objective decision analysis techniques to weight and assess risk in eight defined areas. These areas are assessed with user responses to questionnaires tailored to specific industries and risk assessment scores are calculated as a weighted average of the question responses in a web application.