This document provides an overview of business security concepts and the differences between proprietary security and contracted security. It discusses:
- General, corporate, and supply chain security concepts, which aim to prevent threats like crime, fraud, damage and protect employees, property, information and supply chains.
- Contemporary security goes beyond just protection and prevention to focus on managing business continuity to ensure an organization can continue operating after incidents or disasters.
- Types of threats businesses face like assaults, theft, cybercrime, and how they can impact business continuity if not addressed.
- The main types of security providers are police/government agencies, proprietary in-house security, and private security companies.
- A comparison of proprietary
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Business complex security in-house or contracted
1. An overview of Business Security
Proprietary or Contracted
3. 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.
4. 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.
5. ? Employee SafetyEmployee Crime
? Crime by OutsidersNon-Employee Crime
? Target for CybercriminalsCyber Crime
6. ? Proprietary InformationInformation Security
? Movement of Raw Materials from
Receiving to Shipment
Supply Chain Security
? Safeguard FacilityPhysical Security
? Employee ProtectionPersonal Security
? Protect Employees Against Potential
Dangers to Their Health
Health Hazards
Business Continuity
Affects Directly
7. Assaults and Vandalism
Theft of Goods
Threat to Business Continuity
Electronic Theft
Corporate Espionage
Loss of Access
Legal Liability
Business
Continuity
8. 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.
9. 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
10. Comparison between
Proprietary Security and Contracted Security
S/
N
Consideration Points Proprietary security Contracted Security
12 Communication Enables better communication Better Communication
13 Response to Fire Incident Act as quick response team Response is not sufficient
14 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 replacement
18 Management Needs special management Management is done by
contractor
19 Training and Recruiting Needs manpower Training and recruitment is
done by contractor
20 General Administration Needs manpower Administration is maintained by
contractor
21 Payroll Staff are considered additional
employees on the company's
payroll
Staffs are maintained in
contracted company's payroll
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