What Is Corporate Security?

In modern times the threat of crime, be it in the form of physical violence or through the virtual world, individuals, governments and corporations are at risk. Corporate security thus identifies, manages and hopefully mitigates any form of threat to the continuation and resilience of a corporation. Through a coordination of function and integration of networks a system is usually set in place which ensures the security, and thereby the safety and continuity of the entity.

Why we need Corporate Security
The economy is shifting towards one that of knowledge rather than being based on the place. Physical boundaries have little meaning any more with the world becoming a giant playground for multinational corporations to play in. Markets are no longer limited to certain areas, rather they are spread across the globe. Similarly, companies have facilities and operations stationed around the world to match the increased demand and capture markets through economies of scale. Mitigating risks in the currency markets and fluctuations are key, thus corporations are spread thinner to match all major currencies in order to reduce loss due to possible fluctuations.

Due to this spreading of corporations across the globe, a complex web of communications and operations are in place. While this makes them efficient and effective in the long term, due to the sheer number and complexity of it, the entire web is much more vulnerable to possible attacks from the outside and inside. Having an enterprise password manager to is but a small part.

Characteristics of alignment
The employees, employers and the security department need to be in synch for the effective functioning of a corporate security system. First and foremost, the security department needs to have complete control over the security issues of the company and must know everything that is going on within the company, thus employees need to be convinced not to take matters in to their own hands when dealing with a situation of breach of security.

When making significant business decisions and changes in business model, the security department need to be enlightened as it is their duty to help the corporation take risks rather than mitigating them. An overall knowledge on the operations will allow them to make informed and prompt decisions when in a tight situation. Thus, within this dynamic economic system, a company needs an alert and up to date security network to ensure all areas of possible threats are prevented at its earliest stage. Being stagnated in past methods and practices will not be effective, especially against the ever developing technological world.