Furthermore, the exact nature of terrorism can be quantified in terms of definitions and key terms. This also mitigates much of the uncertainty surrounding the issue. Terrorism can for example be understood by the definition of threat and/or violence in order to achieve an end. Terrorists generally want to force the hand of those they attack, or to avenge what they perceive as wrongdoing by the victim of their threat. Specifically, there are several ways in which terrorist attacks can manifest themselves. These include kidnapping, hijacking, murder, mass murder, explosive devices, chemical warfare, biological attacks, riots, civil unrest, and the use of hostages. The risk of terrorism can be quantified to a certain degree by assessing the likelihood of each type of terrorism for the business in question. Contingency and emergency actions can then be planned according to such quantifications. This is an especially important part of risk management for significantly...
The increasing awareness of the danger of terrorism has increased the number of agencies and companies providing assessment and mitigation services in terms of terrorist threat. Such companies can the provide valuable input in terms of safeguarding assets against such attacks.When the risk is significant, this should be quantified against the risk of not entering the specific country in terms of expansion. When the risk is acceptable, stringent measures, including organizational arrangements, engineering control, and research and development, need to be taken. Research and development are particularly important, as mitigation measures can then be implemented that are particularly targeted towards the measure of possible terrorist attack for the country
All personnel need to be fully informed regarding risk management, particularly in terms of disaster, terrorism, or other unknown factors. Employees and employers therefore need to maintain an open communication system, through which risk management occurs as a dynamic rather than static system. Management should for example provide workers with the opportunity to offer suggestions relating to the current risk management manual. These can be communicated via spoken or
Another alternative for companies with uninsurable risks is mutualization. However, this category of insurance carries further risks that may not be suitable for all companies. The main problem is that mutual insurers require participants to be from a homogenous population, making this alternative unviable for a variety of clients. Some companies are however working on overcoming such problems to make mutualization less problematic for their investors. Some insurance companies now
Other specific risks to patrol officers, including those operating in pairs, include standard procedures suggested by past studies of the circumstances in which attacks on officers have occurred. For example, interviews with prisoners who assaulted officers during their arrests disclosed that many such attacks were initiated by the subject upon realization that their arrest was imminent. In many cases, it was the radio transmission alerting the officers of the subject's
Microsoft proposes six steps to enable proper reactive management of security risks which include: protecting safety and life, containing and assessing the damage, determining the cause of and repairing damage, reviewing risk response and updating procedures in the hopes of preventing risk in the future (Microsoft, 2004). A proactive approach is much more advantageous however as it enables corporations to prevent threats or minimize risks before negative occurrences happen within an
Lynchburg Security Formulating a disaster and risk management is necessary for this jurisdiction. This is based on the knowledge that risk management is a demanding initiative that requires an appropriate and responsive. Satellite units are professionally trained to meet global demands. The Lynchburg, Virginia security system has met federal requirements of quality, and as a result, the system has proved suitable to respond to various hazards experienced in this jurisdiction. This
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