2 Oct 2022

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Risk Analysis, Security Surveys, and Impacts of Insurance and Applicable Laws

Format: APA

Academic level: University

Paper type: Coursework

Words: 323

Pages: 1

Downloads: 0

The role of a security manager demands diversity owing to their requirement to handle a specific department by overseeing a reduction in security concerns such as fraud in order to ascertain that an organization`s assets are secure. Owing to their role, managers are expected to adorn the “human resource hat” implying that they are expected to be conversant with the welfare and rights of the people they work with ( Kelemen & Jevčák, 2018 ). A practical, working knowledge of the law is, therefore, important. For instance, their comprehension of the employment law is fundamental especially in areas that directly relate to their work. Such knowledge ensures that they are able to resolve conflict amicably without tarnishing the company`s reputation. If, for example, a riot arises, the knowledge they possess may be crucial towards making decisions that may not lead their employer to be sued. As a result, the manager`s capabilities and services end up being recognized. Also, a basis on criminal law is necessary to ensure that the manager does not show unnecessary empathy to someone being investigated. Besides, an understanding of the law ensures that they are able to keep abreast with changes made. For example, initially homosexuality was treated as unlawful, however, currently, assaulting a person because of their sexuality is tantamount to litigation. 

In regards to security management, insurance is necessary since it guarantees protection. This implies that it minimizes the incidence of loss occurring. A comprehensive security program is also dependent on insurance in order to establish training standards ( Ključnikov`, Mura & Sklenár, 2019 ). There are many cases where budgets end up limiting the level of training acquired by a security management team and, hence, covering this risk guarantees that the right kind of training is offered. Security personnel are also at risk of litigation owing to the strenuous nature of their work. This necessitates that they are covered to cushion them against the risk of a loss occurring. Insurance further makes it possible for the security management to carry out their duties effectively without any fear of loss occurring. 

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References 

Kelemen, M., & Jevčák, J. (2018). Security Management Education and Training of Critical Infrastructure Sectors’ Experts. In  2018 XIII International Scientific Conference-New Trends in Aviation Development (NTAD)  (pp. 68-71). IEEE. 

Ključnikov¹, A., Mura, L., & Sklenár, D. (2019). Information security management in SMEs: factors of success. 

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StudyBounty. (2023, September 14). Risk Analysis, Security Surveys, and Impacts of Insurance and Applicable Laws .
https://studybounty.com/risk-analysis-security-surveys-and-impacts-of-insurance-and-applicable-laws-coursework

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