Pandemic Increases Pressure on Security Departments to Manage Risk Remotely
The Novel Coronavirus’s seemingly indiscriminate tear across the globe has yielded a particularly negative impact on aid and development organizations. Michael Igoe’s insightful article (Devex May 2020) highlighted numerous accounting complexities and potential pitfalls that the pandemic has created. In addition to finance and accounting, the job of the security department has also become increasingly complex and difficult.
The wave of international staff evacuations returning to their home countries in the spring and summer combined with current travel restrictions has largely left global security managers driving blindfolded. Many point specifically to difficulties conducting security risk assessments as well as identifying, qualifying, and supervising local security service providers.
As the pandemic continues, budgets dwindle, furloughs loom and travel restrictions remain, security managers will need to turn to technology to reduce costs while simultaneously improving collaboration to increase visibility, transparency, and accountability around security policy implementation. General trends toward more “data driven” decision-making around duty-of-care will require security departments to record the status of actions being taken, leading many companies to move towards security management systems.
The team at Riley Risk has developed an innovative cloud-based security management system that fosters and facilitates collaboration among globally distributed cross-functional teams. Riley users can easily collaborate on security risk assessments that quantify and prioritize their risks. The intuitive mitigation task management features allow users to also collaborate in the cloud on mitigation measures to reduce security vulnerabilities. The results are increased visibility, traceability and more detailed reporting on the status and progress of these critical duty-of-care activities. Riley’s unparalleled visibility results in better security compliance and insights that allow your department to do more with less, translating to significant savings.
To learn more, visit us at https://rileyrisk.com/.