2. MANAGING SECURITY RISK At G4S, we believe that before any organisation can determine what the right security solutions are for its programme, it must be able to understand these fundamental questions: Those three questions are the foundation of the G4S Security Risk Assessment and our approach to security programme design. When you ask and answer these key questions, you will understand your business’s needs and risk profile more completely and are therefore in a better position to understand how to help your business protect what is important. More importantly, however, the assessment process also drives value for your overall organisation by showing a direct tie from security expense to protective benefit and revisiting the results leads to continuous improvement of the programme over a life-cycle. Benefits of Security Risk Management Taking a Risk-Based Approach to your security programme, provides significant benefits to you and your internal business partners. It: • Provides you, as a security leader, your teams, internal partners and your business leaders with a common business language and mindset. This helps the entire organisation align better on discussions and decision-making around security needs. • Moves your security function from a reactive to a proactive approach and is driven by the philosophy of bringing value to the organisation by protecting and supporting the ability to carry out its primary mission. • Adds objectivity to the security decision making process, presenting factual and data-driven recommendations, based on identified risks. 2
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