G4S Launches Security Risk Management Model
G4S, the world’s leading integrated security company, introduces the G4S Security Risk Management Model, a risk-based, data-driven approach to oversee enterprise security management. G4S helps businesses learn how to mitigate risk through a suite of software tools developed in partnership with industry experts and Georgia State University’s Center for Process Innovation.
To build this tool, G4S went outside the security industry and worked with an academic partner, the Georgia State University Center for Process Innovation, to help them look at the issue from a completely new perspective. Using an Effects-Based Design planning method, G4S developed a comprehensive, consistent, and easy-to-use model that takes security risk management to a whole new level.
Through analyzing a customer’s risks and evaluating their resources, G4S and its related business units work together to deliver a resolution with proven methodology, backed by expertise, experience and research.
Security risk management is the backbone of a security program. It provides a holistic approach to optimizing an entire security program, helping to identify obstacles to security risk issues, while providing insights into the potential return on investment.
The G4S risk-based approach through the Security Risk Management Model minimizes threats by addressing risks in proportion to their size and complexity. G4S works with clients to determine every resource they want to protect, the potential risks to these resources, and possible resolutions to mitigate the risks. After completing the assessment, clients can choose the level of service that fits their organization’s security risk management needs.