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Costing out Security: How to Figure the Real Cost of Security in Your Organization

When is it?

  August 9, 2006 at 02:00PM ET

Determining the “Total Cost of Security” has never been easy, and in today’s climate, this task grows only more complex. With expanded services and duties often spread across dozens of budget lines in 10-20 different cost centers, it’s no wonder that in most companies, the true costs of security initiatives are simply not known.

However, this does not change the fact that security is a business issue — and before you can manage it, you have to measure it — which means knowing how much you’re spending and where.

Join IOMA for a must-attend audio conference on determining the true cost of corporate security. We’ve tapped renowned security expert Dick Lefler—former American Express CSO and current Managing Partner of the Business Security Advisory group—to lead this critical discussion.

This audio conference will provide an in-depth exercise on:

  • Identifying the true costs, enterprise-wide, of corporate security
  • Compliance – what must you do and what does it cost to stay compliant and what are optional service costs? (investigations, prevention, quality, information protection)
  • Exploring in-sourced and outsourced costs
  • Terms and methods for communicating to senior management the opportunities in centralized oversight of total costs
  • Tools and concepts security professionals can use to communicate in business terms the value and savings security can bring to the organization once business alignment is achieved

Featured Faculty

Richard A. Lefler, Managing Partner, Business Security Advisory Group

Mr. Lefler is a Security Executive Council Emeritus Faculty member and the Managing Partner of the Business Security Advisory Group. He previously held positions with American Express as a Vice President for Investigations, Vice President for Worldwide Security, and Chief Security Officer. His responsibilities included program development and management for the security of employees, facility protection, investigation of attacks on financial products, coordination with Federal, State and various foreign police agencies and areas in which security concerns existed.

As a member of the CSO Emeritus Faculty, Mr. Lefler helps design strategic security programs, solutions and tools utilized by security executives from leading companies and government agencies who are members of the Security Executive Council. Recent projects include several Board of Directors and executive leadership presentations: "Communicating the Business Value of Corporate Security", "The Business Case for Unified Risk Oversight", and the "Strategic Plan and Process for Corporate Security".

Mr. Lefler continues to consult with companies on several areas of security and financial product fraud protection as well as security program design and alignment with business objectives. He is a Past President of the International Security Management Association and served for several years on the Board of Directors. He is a member and served on the Advisory Board for the International Association of Financial Crime Investigators and is a former member of the US State Department Overseas Advisory Committee.






Purchasing

Order the Recording ONLY.$275.00
   CD

This Audio Conference is part of ...
Focus Areas
Product Group
Corporate Security & Safety
 
Audio Conferences & Webinars