Disaster Risks

AJ Buono, Nick Breslin, Emily Reedy, Matt Lebo

Disaster Risks• Definition: unexpected natural or manmade

events that cause mass destruction

• Measurements for Likelihood and Impact - Likelihood: 0 (Remote) to 2 (High Probability) - Impact: 0 (Small) to 2 (Large)

Agenda1. Cyber Attack- AJ2. Civil Commotion- Matt Lebo3. Natural Event – Emily4. Domestic Terrorism - Nick

Cyber AttackAny type of offensive maneuver employed by individuals or whole organizations that targets computer information systems, infrastructures, computer networks and/or personal computer devices.

Done by various means of malicious acts usually originating from an anonymous source

Attacker either steals, alters, or destroys a specified target by hacking into a susceptible system

Cyber AttackLikelihood: 1 Impact: 2Pre-event measures: Buying a Cyber Insurance Policy, Have a Incident Response Plan, Establish Relationship with Law Enforcement, Identify Key Assets

Post event measures: Notify Law Enforcement, Implement Incident Response Plan, Capture Extend of Damage, Prevent Further Damage, Notify to Victims,

Impact:$73,900,000

Impact Breakdown

45% (Likelihood 1) * $162,000,000 (Cost of Target’s 2013-2014 Breach)+ $1,000,000 on Improved Cyber Security (based on Rutgers’ investments)_____________________________________________________

$73,900,000

Civil CommotionDefinition: a public revolt by a large number of people who cause harm to people and or property

Internal and also external

Civil commotion instills fear in the surrounding areas and could affect Saint Joseph’s University depending on the proximity

Civil CommotionLikelihood: 0 Impact: 2

Pre-event measures: Meet with other colleges in the area, have training sessions for our employees on emergency response and notification plans.

Post-event measures: Update policies and procedures, determine if the way we handled the situation can be reformed.

Impact Breakdown

Likelihood (0): 2%Impact (2): $27,100,000Expected: .02 * 27,100,000 = $542,000

10% decrease in enrollment:

($50,000*485) $24,250,000

Building deductibles: ($50,000*2) $100,000

10 students injured: ($250,000*10) $2,500,000

Miscellaneous $250,000 $250,000

  TOTAL: $27,100,000

Natural Event A natural disaster is a catastrophic event caused by the natural processes of the earth.

Earthquakes, tornadoes, droughts, heat waves, hail, hurricanes, landslides, wildfires, and famines are examples of natural disasters.

Disasters most common here in the Northeast- Severe blizzards/ice storms, hurricanes, and tornadoes.

A natural disaster is measured by the severity and the impact.

Number of deaths, capability to repair/rebuild, and economic loss are ways to measure the severity of a catastrophic event.

Natural Event Likelihood: 0 Impact: 1Pre-event Measures: Identify the hazards, have an all hazards emergency guide, put together a crisis team, develop transportation protocols, practice routines, staff faculty emergency planning, and have insurance.

Post-event Measures: bring in companies to restore the infrastructure of all buildings affected.

Cost x Probability = Impact$101,234,700 x .05 = 5,061,735

Impact BreakdownProperty insurance deductible: $50,000Loss of Revenue/reputation (enrollment goes down 20%): Average tuition= $38,577 av. tuition x 5,500 students = $212,173,5005,500 students x 20% decrease in enrollment = 4,400 students 4,400 students x $38,577 av. tuition = $169,738,800, so $212,173,500 - $169,738,800 = $ 42,434,700Liability: death of 10 students x $4,000,000 = $40,000,00075 students injured x $250,000 = $18,750,000, so $40,000,000 + $18,750,000 = $58,750,000

Cost: $101,234,700 Probability: .05

Domestic TerrorismAny form of mass violence (mass shooting, bombing) targeted at Saint Joseph’s University students, faculty and/or propertyThe Source of violence is Domestic not InternationalAttacker commits murder and injuries on a number of students / facultyExample: Terrorist decides to aim on students in Library.Example: Terrorist places and detonates a bomb in the Hagan Arena.

Domestic TerrorismLikelihood: 0 Impact: 2Pre-event measures: Heighten security (Public Safety) protocols on campus, Implement evacuation drills, University taking online threats or rumors very serious, CAPS, Placing metal detectors in most frequented facilities (Library, Campion Student Center, Hagan Arena), Insurance.Post-event measures: Lockdowns vs. Lockouts, Amplify CAPS and psychological services for the university as a whole, Rebuild infrastructure of buildings if destroyed (bombings).Impact: $ 5,435,485 (If 15 killed, 20 injured, and enrollment down 20%)

Impact BreakdownProperty Insurance Deductible: $50,000Loss of Revenue, Enrollment down 20%:Average tuition= $38,577 av.tuition x 5,500 students = $212,173,5005,500 students x 20% decrease in enrollment = 4,400 students 4,400 students x $38,577 av. tuition = $169,738,800$212,173,500 - $169,738,800 = $ 42,434,70015 students killed= $4 million per student.20 students injured= $300,000 per studentCounseling and psychological services=$75,000Security and metal detectors: $150,000TOTAL:108,709,700 X .05(Likelihood 0)= 5,435,485