What are primary reasons / causes for losses?
• Absence of a strategic analysis of security threats • Inadequate procedures and Checks / Control Procedures. • Lack of security awareness. • Lowest Tendered Rates Syndrome leads to Low quality security. • Poor quality of training and low motivation levels of security personnel 90% of losses occur due to INTERNAL causes; whereas, in ALMOST all organisations, 90% of security effort is directed against external threats.