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Security Risk Analysis | Risk Analysis

The goal of the risk analysis is to reach an economic balance between the impact of the

risk (loss) on the company and the cost of protective measures.

 

Webster's Dictionary defines "risk" as "the chance of injury, damage or loss."

Risks are essential elements of our culture, which cannot be disregarded as simply chance

occurrences. Risks must be viewed as reality but each risk is not necessarily inevitable.


In the present context we are viewing risks in terms of three categories of assets:

  1. Personnel
  2. Property
  3. Liability

 

The risk analysis process incorporates the following tasks:

- Identify the assets in need of protection.
- Identify the kinds of risks that may affect the assets (internal theft,   external theft, assault, loss of proprietary information, etc.).
- Determine the effect or impact if a loss occurs.
- Determine the probability of risk occurrence.
- This is not an exact measurement but an effort to project a range of   probability.


The ultimate success of the risk analysis will be very dependent on the role of top

management in the process. Management must support the project and make this known

throughout the organization.





   

Securcorp, Inc.
Professional Security Consultants
hbwood@securcorpinc.com

( 850 ) 906 - 0516

 

Member of the following associations:

- American Society for Industrial Security  
- Association of Former Special Agents of the
  U.S. Secret Service  
- Illumination Engineering Society of North   America  
- National Associates of Legal Investigators.
- National Associates of Investigative   Specialists

 
Securcorp, Howard B. Wood, expert witness, risk analysis, security survey, investigations, security systems, event security, event planning, security designs, inadequate security, risk assessment, security consultant, security litigation, expert advise, legal investigator, former secret service agent, industrial security, negligent security expert, premises liability expert, expert witness License #A9800035
 
 
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Security Risk Analysis - Risk Analysis - Howard Wood - Nationwide - Southern United States - Florida - Tallahassee
Securcorp Inc - 2352 Tuscavilla Rd. - Tallahassee, FL 32312 - Phone - ( 850 ) 906 - 0516 - Fax - ( 850 ) 894 - 6494