Risk Assessment

Introduction

Sioux Falls, SD is one of McBride’s locations. McBride Financial Services utilizes sensitive equipment and toxic chemicals during its manufacturing process. These high end and dangerous items place the location at risk. Some of the threats include: use of toxic chemicals, public transportation, crime, and acts of terrorism. It is McBride’s responsibility to mitigate these threats.

Use of Toxic Chemicals

McBride Financial Services must control the risk of its use of toxic chemicals. “In its 2009 report Science and Decisions: Advancing Risk Assessment, the NAS recommended a process to address and communicate the uncertainty and variability inherent in a risk assessment…” (Janssen, Sass, Schettler & Solomon, 2012). Toxic chemicals not only provide a risk to the environment when mishandled, but also to the pocketbook of the organization responsible. Mishandling of toxic materials also act as a lure to the ill-intent. Crime, terrorism, and fanaticism all relish an opportunity to obtain amounts of these dangerous items. That is why McBride Financial Services must stay steadfast in securing these materials.

Crime. McBride Financial services must secure their dangerous materials against crime. Mishandling of these materials results in an increased risk to crime. It not only enables crime by making them more susceptible to it, but also acts as a siren’s call. Continuous mishandling makes them vulnerable and criminals love to exploit vulnerabilities.

Terrorism. Terrorism is similar to crime, but with an added effect of creating ominous threats. The intent is to use frightening tactics as a weapon. They would bombard their targets with fear and hopefully weaken them to a point of submission. The continuous and overbearing fear of toxic chemical spills into a populated area’s