The management of a risk identification, measurement and treatment

The assessment and measurement of risks entity is an essential step to make correct decisions about countermeasures. It's generally recognized that the extent of the risk depends on the frequency of occurrence and se-verity of the consequences that the event could turn up. The combination of the two variables produces the enhancement of the extent of the loss and, as a result, the quantification of the possible financial exposure. The management of a risk cannot be limited to its identification and measure-ment, but also concerns its treatment; the reference to the concept of in-surability sets out methodologies and techniques to take on negative occur-rences with the least amount of damage, fastness and effectiveness. The multiplication of security issues requires countries to focus on both the con-tainment of the risk (by appropriate analysis and progressive improvement of systems and security procedures), and the financial management of the exposure (through more efficient scheduling of resources allocated to the shell risk)