Private Asset Protection: A Performance-Based Model for Assessing and Addressing Security Risks
September 1 2006
Private asset protection in the United States was managed traditionally through a combination of private and public security, focused on loss-control measures and post-incident law enforcement respectively. These measures were never meant to provide total security. The destruction of the World Trade Center and the consequent loss in corporate assets signaled a change in private-sector threat perceptions. Businesses now have to plan for low-probability, high-consequence events that challenge the traditional calculus of cost-effective security investment.
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Author(s): James W. Tinsley, Jaclyn Lindig