HOLISTIC SECURITY RISK MANAGEMENT

The management of physical security risks across a large portfolio of national assets is a complex and challenging task.  It requires the identification and evaluation of potential risks, the development of appropriate security strategies, the implementation of security measures, and the monitoring and review of those measures.  Frequently, organisations manage their physical security risks on a site-by-site basis, with individual sites being responsible for their own security.

However, our holistic approach takes an enterprise view of security risk management, pulling together elements of physical security risk and compliance across the entire organisation to ensure a comprehensive understanding and effective management of security risk across the full property portfolio.

The Benefits of our Holistic Physical Security Risk Management include:

  • Improved Security Outcomes.   Our approach allows for a more comprehensive and integrated view of the security risks across an organisation's portfolio of assets. It enables organisations to identify common vulnerabilities and threats across sites and to develop security strategies that address those risks in a coordinated and effective manner. This approach can lead to better security outcomes by reducing the likelihood of successful security breaches and enhancing overall security resilience.

  • Consistency and Standardisation.   This approach gives assurance that the same standards and procedures are applied across all facilities and locations of an organisation. This consistency and standardisation are critical in ensuring that the physical security program is effective in all areas of the organisation.

  • Improved Coordination.   Implementing a holistic approach to physical security risk management allows a central security management team to more effectively oversee the security of all sites, ensuring that security protocols and procedures are consistent across the portfolio.

  • Cost-Efficiency.   By taking a portfolio-wide approach, we can assist organisations to identify opportunities to rationalise security measures and reduce duplication of effort. This can result in cost savings through economies of scale, streamlined procurement processes, and reduced administrative overheads. In addition, a holistic approach can enable organisations to prioritise their security spending based on the relative risk of different assets, ensuring that resources are focused where they are most needed.  It enables the identification of common risks and the development of solutions that can be applied across multiple sites.

  • Standardisation of Security Protocols.   A holistic approach to physical security risk management allows for the standardisation of security protocols across all sites. This approach ensures that all sites are protected using the same protocols and procedures. Standardisation of security protocols also ensures that all sites are compliant with industry standards and regulations.

To complement our holistic approach, we have developed Risk and Compliance visualisation tools that provide organisations with accurate and timely information on the security status of their sites. These dashboards are specifically designed to capture and track information from across an entire organisation to enable effective and efficient management of risk and understanding of compliance with physical security standards.

The dashboards have particular utility in their ability to communicate complex data and information to different stakeholders. They allow organisations to present data in a simple and clear format, making it easier for stakeholders to understand the risks and make informed decisions.  They can also be used to track compliance with security policies and regulations. By monitoring these metrics, organisations can ensure that they are in compliance with relevant legislation, requirements and standards, and that they are taking appropriate steps to protect their assets and people.

Crucially, our dashboards can be used to highlight areas where security measures need to be improved and can identify vulnerabilities that are common across multiple sites. By identifying these areas of concern, organisations can improve their physical security risk management by prioritising security investment across the entire enterprise to mitigate the most pressing risks.

ICARAS would welcome an opportunity to engage with you to pursue a greater understanding of our holistic approach to Security Risk Management.

ICARAS has undertaken a number of similar Holistic approaches to Security Risk Management across the public and private sectors, and will always ensure that the outputs of any such programmes align with the detailed requirements and needs of the organisation.