Practical Propagation of Trust in Risk Management Systems

Abstract

Using risk management systems for large-scale asset management is not without risk itself. Systems that collect measurement from a geographically diverse area, across many organisations, contain many interacting components that can fail in many different ways. In this chapter these systems are discussed from a risk assessment point of view, using practical examples. It provides suggestions how trust can propagate between interacting components of risk management systems by making information needed for risk assessment information explicit.