Establishing ROI of a Corporate Security Program

Establishing ROI of a Corporate Security Program

As we proceed into Q4 of 2024, many organizations have begun to evaluate operational investments, including their physical security program, to help shape their CapEx and OpEx budgets for next year. But how do you establish the return on investment (ROI) of a program designed to protect people and key assets when there may not have been any noteworthy security incidents?

The cornerstones of corporate security are often hard to measure. What is the ROI for monitoring the dynamic threat landscape, or establishing sound security policies and procedures, or the preparation required to manage an array of emergencies around the globe?

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And how do you know if your security program is adequately configured to mitigate the unique risk profile of your company?

The initial step is to assess your organization’s risk profile against security measures in place to identify vulnerabilities and gaps with best practices. This drives an understanding about whether the current corporate security program provides coverage for exactly what is needed. After identifying areas for improvement, the next crucial step is developing a plan of action to address vulnerabilities and establishing budget requirements to do so.

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Insite simplifies this entire process. Our proprietary Security Rubric enables an independent assessment across nine security disciplines. Our team provides a score for each area and delivers a prioritized plan to address key vulnerabilities. This holistic approach targets all vital aspects of modern security practice, and the outcome provides actionable guidance for program improvement.

As budgeting season is upon corporate leaders, remember that Insite Risk Management has one of the most sophisticated methods for assessing a corporate security program and our team of multi-disciplinary experts can help efficiently address gaps that will take physical security from good to great.

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One of our main goals is to help clients eliminate time spent on budgeting for and managing their security program and allow them to focus on growing their business.

To learn more visit https://www.insiteriskmanagement.com

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