Industrial Security and Loss - Research Paper Example

Security refers to the degree of protection against loss, crime, danger, and damage. There are different forms of processes and structures designed to enhance security in industries. The Institute of Security and Open Methodology defines security as protection where boundaries separate between assets and threats. In the process of analyzing industrial security, there are other terms related to the concept of security. These include reliability, continuity, and safety. The difference between reliability and security is that security takes into account the actions of people trying to cause destruction (Sennewald, 1999, p. 23).

In the corporate world, different security aspects had a different level of emphasis – specifically by distinct and often non-communication departments for physical security, IT security, and fraud prevention.

Today, the need for a composed security model with interconnected nature requirements has evolved. This is because all departments in the industry need adequate patrol by centralized systems to enhance adequate security. Below are some of the key responsibilities that need to be addressed to enhance security in an organization (Sharma, 2005, p. 34)AssuranceThis is an independent professional service, provided by Certified Public Accountants (CPAs). Their aim is to improve the context of information for decision-making.

Through the service, CPAs work together and put forward suggestions which in the long run reduce risks associated with information risks (wrong information). Organizations will have the position to identify different misrepresentations in their information. This will reduce the level of errors and frauds as well as lay a healthy ground to safeguard the organization's assets (Sharma, 2005, p. 36).CountermeasureThis is an action or a measure taken to offset or counter another one. Countermeasures may refer to the disciplinary spectrum that follows defense, policing, and law among others.

The security sector should consider measures that enhance the sustenance of the industry, to prevent undesirable outcomes in running an organization (Sharma, 2005, p. 36).