1) Responded to message below. Should be at minimum of 250 words include direct discussion of the main points, answers, and question. Include at least 2 APA-cited references. Risks are part of most of our everyday living activities. Most of the decisions we make in life are connected to some form of risk we take daily. In many instances, we seek to take actions that are intended to avoid high risk situations and we apply methods to reduce the risks. Risk is defined in its broader context as “threat to the security of something” Narrowing this definition closer in U.S. homeland security framework, “is a threat to the nation’s security, such as adversarial states or terrorism; or a threat to human security, such as climate change, natural disaster or pandemic” (Parasiliti, 2017). Lewis also defines risk as an expected loss, mathematically (gamma sub (i) representing the likelihood that an asset will suffer damage x consequence (Ci) representing the damage on an asset) the product of likelihood times consequence (Lewis, n.d). After 9/11, it became obvious that the nation critical infrastructures face multiple risks from many different sources. Risks on these critical assets emerged as a result of threats from terrorist groups, rogue regimes and natural events. The Department of Homeland Security Risks Management Fundamentals (2011) states that the safety, security, and resilience of the Nation are threatened by an array of hazards, including acts of terrorism, malicious activity in cyberspace, pandemics, manmade accidents, transnational crime, and natural disasters. It is the responsibility of the DHS to manage risks that could potentially cause major disasters on the nation. Having a full knowledge of these risks and assessing and managing them so that they have no or limited consequences on the nation’s critical assets are a few essentials of the benefits of the right approaches to managing risks. Decisions by stakeholders and policymakers are taken based on the amount of risk an asset may suffer. Every critical asset has some level of risks that are often very difficult to eliminate. The DHS assesses the level of risk each infrastructure is likely to face, the consequence or damage because of the risk. The higher the risk associated to a critical assess like the George Washington bridge in New Jersey or the airline industry could render the attempt for important decision making to reduce risks. Lewis (n.d.) shows that one risk informed decision-making strategy directs us to estimate risk according to all assets and rank them from highest risk receiving the large resource allocation to the lowest and stop when funds are limited. Lastly, it can be more effective in reducing risks on critical infrastructures when decisions are made that invest in a cross section of assets than a single risk based on the asset vulnerability. This may help in reducing some level of risks at several different assets than allocating resources to a single asset. ...