CJS 250 appendix c Risk Management Options

CJS  250 appendix c Risk Management Options

Risk Management Options

Part I: Scenario and
Identification

A retail chain has asked an outside security consulting team to perform a threat and risk assessment for one of its branches. The consulting team has identified the following threats and accompanying risk levels for this particular store:

Fire (medium)

  1. Internal theft (high)
  2. Shoplifting (medium)
  3. Burglary (high)
  4. Bomb (low)

The retail chain has decided to respond to these threats in the following manner:

For threat #1,
management has decided to take no further precautions because the store is
currently up to code and the insurance policy the company carries fully covers it
in the event of fire.

For threat #2,
management has decided to implement background checks for all new applicants
and all employees must now have their bags and backpacks checked by security
before exiting the store.

For threat #3, management
has decided to add no additional security measures. Losses due to shoplifting
are expected and have been included in the store’s budget.

For threat #4,
management has installed a comprehensive alarm and surveillance system in all
stores, with around-the-clock security monitoring. Now, break-ins at this store
cannot occur without detection.

For threat #5,
management intends to institute no countermeasures. With several other branches
throughout the region, the company overall would suffer only minimal losses
even if this threat were to materialize.

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