Corporate Security

 

About Corporate Security

Companies are exposed to many different risks. Potential sources of risk, such as, natural phenomena, failure of data networks and energy networks, sabotage, as well as, criminal or terrorist attacks, can significantly affect the performance of a company.

Protection against risks requires considerable foresight and organizational precautions in order to be prepared for the worst case. In a case of damage many of these potential hazards would not only cause high costs, but in the worst case could cause the interruption or complete failure of business operations and even endanger the existence of the company. It is in the interest of every company to implement a risk and crisis management in order to take appropriate and prompt action.

Risk management

Risk management means systematic identification and evaluation of risks, as well as controlling the reactions vis – à – vis the risks that have been identified.

Risk management includes:

• Identification of risks
• Evaluation of risks
• Development of a risk management strategyDevelopment of a crisis management strategy
• Minimization of risks – prevention concepts
• Risk control – revaluation of every risk

Crisis management

Crisis management refers to the systematic handling of crisis situations. This implies identification and analysis of crisis situations, development of strategies (unless already developed within risk management), and implementation of counter measures in order to manage the crisis.

Crisis management includes:

• Establishment of a crisis team

• Training of the crisis team

• Exercising incidents and evacuation