Risk perspectives - Deterrence is not prevention but it helps
Insurance is no substitute for adequate security measures because without them, premises may not be ...
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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