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Active Loss Prevention initiative


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Ahead of the threat
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You are here: Active Loss Prevention initiative > Getting ahead of the threat

Getting Ahead of the Threat

  • Business Risk

Enterprises and governments are increasingly dependent on extended, networked IT enabled infrastructures.  Many involve strategic assets, services and funds with a direct impact on their customers.  They seek the many benefits of eBusiness, yet manage risk in a piecemeal fashion, if at all, most often relying on technical solutions alone. Few of the checks and balances found in conventional business processes are present.

As a result, organizations around the world are exposed to largely un-quantified or unmanaged risks whether from mishap or malicious attack. The consequences are potentially crippling. Only concerted global action can address these critical issues.

  •  Active Loss Prevention - The Way Forward.

The vision of Active Loss Prevention is the proactive management of the full spectrum of information and eBusiness risks, backed by internationally accepted procedures and standards.

Drawing on proven models for managing fire risk in buildings, Active Loss Prevention

  • takes a strategic, enterprise-wide approach involving commercial, professional, human, and technology issues
  • is proactive - anticipating risks, their impact and spread; and monitoring and responding to critical events
  • for the first time involves finance, audit, insurance, legal and regulatory issues
  • will deliver the requirements for products and practices backed by global, consensus standards that can be tested, proven, certified, and supported by codes of practice and legislation 

[Read on]

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