One of the many difficult tasks in security leadership is showing senior management and other business leaders exactly how, where, and how much security investments positively impact the bottom line (assuming, that is, that security’s impact is positive).
When hiring to fill a position where education, experience, credibility and even liability are critical, you have every right to know where each candidate stands with regard to the reliability of an application, making background checks critically important.
Security is no longer just a hot topic among security professionals. It’s crossed the boundaries into mainstream media and political debates. You can’t watch the news or read a newspaper or magazine without hearing about cyber threats, personal information breaches or risk management. But that doesn’t mean that company executives have opened their wallets to each and every security project their security staff submits – if only it were that easy.
It is five years since the publication of Nassim Nicholas Taleb’s book The Black Swan. In the book, Taleb introduces the concept of Black Swan events, which he characterizes as events that are 1) rare; 2) extremely impactful and 3) often endowed by people – after the fact – with elements of predictability. Taleb argued that uncertainty cannot be tamed, in his words, and that it is foolish to attempt to tame it.
The issue of security in Mexico is given extensive attention, much of it focused on the high levels of violence stemming from the fight between the Mexican government and organized crime. This conflict, widely referred to as a “drug war” routinely features in the news media with explosive headlines accompanying graphic images of dead and wounded as well as increasingly armed security forces.
Research conducted by the Association of Certified Fraud Examiners (ACFE) shows that the typical organization loses an estimated 5 percent of its revenues to fraud each year, and more than 85 percent of all occupational fraud cases involve employee theft.
Those who work in security are well aware that violence in the workplace is one of those risks that can pose a threat to the safety of employees or visitors to their facility. After all, no industry is immune from this hazard. Some, may however, be less familiar with how the issue impacts industries outside their own.