Approaches to Security Risks

 

The current slow economy worldwide is characterized by increases in security risks such as:

 

  • Equipment theft by the workers of the specific company.
  • Lower morale levels which can also increase the risk of injuries because of negligence.
  • Increases in retrenchments also leading to increased security risks as more and more employees get disgruntled and attempt to sabotage the IT and security system operations.
  • Time theft which if converted to monetary value can lead to substantial losses.
  • Outside risk of theft and sabotage increases.

The above risks make it essential to have an effective system for recording and communicating potential risk data and to reduce the risk of losses. One of the prominent questions of the day is whether to centralise the risk management system or to opt for a distributed system. This is especially true for the company that doesn’t have all its facilities in one building.

Advantages of managing security risks through a centralised approach:

 

  • Standards and policies are in place ensuring effective control measures.
  • Lowers costs of control.
  • Expertise in various fields can be developed.

 

The disadvantage of a centralised approach:

 

  • More advanced communication systems must be in place.
  • The centralised control centre can be targeted by criminal elements.

 

Advantages of a decentralised approach:

 

  • Standards and policies can be set according to the location.

 

Disadvantages of a decentralised approach:

 

  • Duplication of security measures and equipment.
  • Decision making is often done hastily.
  • Employees are not specialists in specific fields as they have to handle a wide range of tasks.

 

IDTek provides a wide range of solutions to security risks ensuring lowering of costs and improvement of overall security and safety of the company and its resources. Contact us today to assess provide solutions to your company’s security risks.

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