March 2019 AST Magazine March 2019 AST Magazine | Page 14

www.AmericanSecurityToday.com Measurement ABRA is a quantitative assessment using mathematical equations to calculate and measure asset value, threat likelihood, vulnerability and risk versus the standard vulnerability assessment process, which is a qualitative or subjective assessment which normally focuses on compliance to regulatory requirements. March 2019 - Edition 33 ABRA if they were to be implemented. Knowing the BVR and comparing it to the OVR and then calculating the cost to reach the OVR, the ABRA methodology produc- es a cost–benefit analysis that can be used to prioritize countermeasures or compare one facility to another. To summarize, ABRA quantifiably mea- sures vulnerability and risk, prioritizes Both methodologies identify vulnerabil- recommended countermeasures, prior- ities and recommend countermeasures itizes facilities, and compares cost and to mitigate those vulnerabilities; howev- countermeasure effectiveness. er, ABRA goes further because it identifies current values of vul- nerability and then re- assesses those values of vulnerability based on implementation of recommended counter- measures. Not only does ABRA pro- vide quantitative mea- surements of vulnera- bility and risk, it also provides cost estimates for the recommended countermeasures de- veloped as part of the 12