Infrastructure Vulnerability Assessment Model (I‐VAM)

Barry Charles Ezell

Risk Analysis, 2007, vol. 27, issue 3, 571-583

Abstract: Quantifying vulnerability to critical infrastructure has not been adequately addressed in the literature. Thus, the purpose of this article is to present a model that quantifies vulnerability. Vulnerability is defined as a measure of system susceptibility to threat scenarios. This article asserts that vulnerability is a condition of the system and it can be quantified using the Infrastructure Vulnerability Assessment Model (I‐VAM). The model is presented and then applied to a medium‐sized clean water system. The model requires subject matter experts (SMEs) to establish value functions and weights, and to assess protection measures of the system. Simulation is used to account for uncertainty in measurement, aggregate expert assessment, and to yield a vulnerability (Ω) density function. Results demonstrate that I‐VAM is useful to decisionmakers who prefer quantification to qualitative treatment of vulnerability. I‐VAM can be used to quantify vulnerability to other infrastructures, supervisory control and data acquisition systems (SCADA), and distributed control systems (DCS).

Date: 2007
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Citations: View citations in EconPapers (6)

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https://doi.org/10.1111/j.1539-6924.2007.00907.x

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Persistent link: https://EconPapers.repec.org/RePEc:wly:riskan:v:27:y:2007:i:3:p:571-583

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