An effective risk identification assessment includes an assessment of incentives, pressures and opportunities for individuals and organisations to commit fraud.
It is today clear to all responsible private and public institutions that security policies should be institutionalised and managed to provide effective and economically efficient directives for risk mitigation. Policies should be based upon a formal security stance that is determined by management. In general, a security stance of 'least privilege' to potential perpetrators can be used in most commercial, financial, Internet, and other public/private environments.
The relevant security policies normally direct the relevant institutions regarding the security and or risk mitigation measures that should be put in place to protect the management, employees, other relevant stakeholders (such as clients) as well as the property of companies against security risk and threats. To protect confidential data, for example, the security policy of an institution could determine that only specific categories of staff would have access to data defined as confidential
We develop customised risk assessments for organisations for the purpose of mitigating risk associated with crime and non-compliance. In turn protecting your organisation and its stakeholders effectively and efficiently.
Our company has the expertise and resources to assist with the following critical elements for the compilation of a comprehensive security risk assessment plan:
- Conduct a detailed risk assessment in conjunction with the relevant staff of the client to determine high risk, medium risk and low-risk venues, environments, factors, etc.
- Identification of high profile and low profile information/ assets/ personnel to be protected
- Compilation of an all-inclusive risk strategy that would cover the security issues that would be applicable to the subject(s) that should be protected against threats.