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Convincing C-suite executives to approve budgets for security system upgrades may be difficult in the best of times. However, the COVID-19 pandemic and resulting financial upheaval it caused may make selling new projects more challenging for security directors. While security may not be a daily topic of discussion among C-suite members, they understand the need to provide and maintain a safe and secure environment for corporate employees and visitors. But they don’t see security in terms of a camera brand or access card technology. They view security in terms of risk management and mitigation strategies. Addressing those concerns in any project plan will increase its chances of it winning approval.
Perhaps the most significant security advancement made at the enterprise level over the last two decades has not been technology, but rather its perception.
This series is focused on a step-by-step approach for security leaders to design, implement and measure a physical security program that supports organizational priorities and operates with buy-in from organization’s leadership team. Here, we'll explore the steps necessary for developing a risk mitigation strategy.
We tend to believe that it is the business’s responsibility to understand the importance of security and, therefore, recognize the need to invest. But in the world of business, that’s simply not the case. Business leaders have operations to run and missions to fulfill, and as security leaders we need to understand that it’s up to us to bridge the gap between the security way of thinking and the business way of thinking.
Risk quantification has long been an imperative topic for security leadership, but now more than ever, boards of directors and C-Suite executives are acutely invested in how their organizations are performing from a security risk perspective.
Security countermeasures, such as surveillance, address threats and if done effectively eliminate them; this is more likely the case when an integrated solution is deployed. In looking at integrated security solutions, there exists an opportunity to move beyond a view of providing countermeasures to threats toward a new perspective of security as a means of delivering critical business value.
While cyber insurance adoption is on the rise, only 26 percent of companies have policies today, according to a study on data breach preparedness from Experian and the Ponemon Institute.
For well over a decade, CEOs have been relegating the operational, legal, reputational and competitive risks associated with cybersecurity to those responsible for Information Technology.
Cybersecurity is the unsung linchpin of every company that has grown increasingly dependent upon vulnerable technologies, whether to communicate, to store sensitive data, or to manufacture and deliver its products and services.
