Risk perspectives - Deterrence is not prevention but it helps

Insurance is no substitute for adequate security measures because without them, premises may not be insurable against theft. However, the amount a company invests in security varies, depending on the size of the risk, the likelihood of loss and the severity of the loss.

The most cost-effective physical security measures are deemed suitable, following a full risk assessment. An effective assessment will consider the likelihood of theft and its potential severity, such as the appeal of the

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