Methods of Security Risk Assessment in Private Security

Saše Gerasimoski, SG (2017) Methods of Security Risk Assessment in Private Security. Security Dialogues, 7 (2). pp. 93-100.

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The everyday life has always been filled with security risks, most of which we take for granted and for which we have developed routine strategies and ways of dealing and managing. However, the globalization and post-modern dynamics of contemporary societies have created a societal environment that multiplied the security risks and made their identification, assessment, management and dealing much more complex. This can be observed especially in security risks related with personal and proprietary security. Since personal and proprietary security fall within the field of private security, a question of developing adequate risk assessment as core of preventive work in private security becomes a priority. In this sense, having efficient methods for risk management and assessment is crucial in the overall performance of private security entities, providing subtle balance between their security efficacy and cost efficiency. This paper deals with some of the most known and used methods for risk assessment, analyzing their importance and application in the private security. Several methods, which have been applied to private security entities in Republic of Macedonia, as well as abroad, are being singled out and closely discussed. Our focus, nevertheless, stays on the application of Keković, Kinney and AUVA methods of risk assessment within private security entities. Although these methods for risk assessment are widely used in different risk assessment methodologies in various spheres, they can be successfully adjusted and implemented in private security companies’ risk assessment as well. The paper will consider the possibility of successful implementation of methods of security risk assessment in Republic of Macedonia. In addition, the author of the paper gives proposals, which could prove useful when implementing the risk assessment preventive policies, methods and strategies within the work of the private security entities. Keywords: security risks, risk assessment methods, prevention, private security

Item Type: Article
Subjects: Scientific Fields (Frascati) > Social Sciences > Other social sciences
Divisions: Faculty of Security
Depositing User: Fbs Eprints
Date Deposited: 29 Mar 2020 12:02
Last Modified: 29 Mar 2020 12:02

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