An overview of Business Security

Proprietary or Contracted

Presentation Outline

Security Concept in Business

• General Security Concept The prevention of and protection against assault, damage, fire, fraud, invasion of privacy, theft, unlawful entry, and other such occurrences caused by deliberate action.

• Corporate Security Concept It refers to the practice of protecting a business‘ employees, physical property and information systems.

• Supply Chain Security Concept It refers to efforts to enhance the security of the supply chain, the transport and logistics system for the world's cargo. It combines traditional practices of supply chain management with the security requirements driven by threats such as terrorism, piracy, and theft.

Contemporary Security Concept in Business• Contemporary Security does not limits to protection and

prevention only. • In today's global business environment, security must be the top

priority. The functions of security cover largely in managing Business Continuity. Failure to such can have financial and management changing impacts upon an organization.

• What Is Business Continuity?Business continuity encompasses planning and preparation to ensure that an organization can continue to operate in case of any level of incidents or disasters and is able to recover to an operational state within a reasonably short period.

Crimes Affecting The Business

• Employee SafetyEmployee Crime

• Crime by OutsidersNon-Employee Crime

• Target for CybercriminalsCyber Crime

Security Issues Facing a Company

• Proprietary InformationInformation Security

• Movement of Raw Materials from Receiving to ShipmentSupply Chain Security

• Safeguard FacilityPhysical Security

• Employee ProtectionPersonal Security

• Protect Employees Against Potential Dangers to Their HealthHealth Hazards

Business Continuity

Affects Directly

Assaults and Vandalism

Theft of Goods

Threat to Business Continuity

Electronic Theft

Corporate Espionage

Loss of Access

Legal Liability

Consequence of Poor Security in Business

Business Continuity

Types of Security Providing Source

• Police or Govt Law Enforcing Agencies Security police are those persons, employed by or for a governmental agency, who provide police and security services to those agencies' properties and in large scale employed for enforcing the laws of land in area of responsibility.

• Proprietary Security Proprietary security is a type of security used by the owner of the business. Proprietary Security will include complete responsibility for the hiring, firing, and management

• Private Security Company A private security company is a business corporation, which provides armed and unarmed security services and expertise to private and public clients.

Comparison between Proprietary Security and Contracted Security

 S/N Consideration Points Proprietary security Contracted Security

 1 Control of Quality Greater control by the management Less control of Quality

 2 Consistency Better consistency Less consistency

3 Policy and Procedure Company directors can determine the policies and procedures for the security staff

Contracted company has its own policy and procedures

4 Immediate Control Can take immediate action in case of any lacking of security duty

Not possible, as contracted company reserves the right of action against his security staffs

 5 Command and control Better command and control for in-house staffs

Less command and control as its been controlled by third party

 6 Training and Supervision Guards can be trained well as per business standard

Inadequate training and supervision

 7 Dedication More dedicated Dedication is less

 8 Loyalty or Ownership Better loyalty or ownership Less loyalty and work commercially

 9 Confidentiality Protect confidentiality Threat to loss business confidentiality

 10 Familiarity in Specific business needs

Guards can be trained and be familiar as per business requirement

Training cannot be possible as per different business needs

 11 Supply Chain Security Provide better supply chain security Lack of training is weakness in supply chain security

Comparison between Proprietary Security and Contracted Security

 S/N

Consideration Points Proprietary security Contracted Security

12 Communication Enables better communication Better Communication13 Response to Fire Incident Act as quick response team Response is not sufficient14 Balance in behavior Can be trained well to balance in

behaving different types of employee

Training is difficult to balance employee behavior

15 Customer service and response times

Greater Monitoring Less Monitoring

16 Cost Cost increases in worker benefits and compensation

Cost increase as per contractual deal

17 Flexibility of Personals Less flexible More flexible in replacement18 Management Needs special management Management is done by

contractor19 Training and Recruiting Needs manpower Training and recruitment is

done by contractor20 General Administration Needs manpower Administration is maintained by

contractor21  Payroll Staff are considered additional

employees on the company's payroll

 Staffs are maintained in contracted company's payroll

www.dbl-group.com

Various Contractual Services to a Company

• HR Consultancy FarmHR & Payroll

• Financial Consultancy FarmFinance

• Security CompanySecurity

• Rent-A-Car CompanyTransport

• Hospital and ClinicMedical

Overall Cost

Control

Consistency

Effectiveness

Liability

Loyalty

Management

Quality of Training

Factors Affecting Selecting The Type of Security

The role of security is to improve a business and the protections, quality, and future performance

The most important and valuable business assets should be guarded encompassing maximum Quality ,Loyalty and Control

Thank You