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The Annual Security Program Report

State and federal regulations require that the Security Officer must submit a report to the institution's Board of Directors annually regarding the effectiveness of the Security Program. The first step in this process is to conduct a thorough review of the institution. The goals of this review are to identify and remedy actual and potential sources of safety-related issues and monetary losses.

The purpose of the security review is to identify conditions that may result in a loss or a legal action tomorrow – or thirty years from now. In other words, this review simply targets an institution's loss potential – using a standardized, practical and cost-effective methodology for analyzing the condition and contributions of the security function; and identifying the institution-wide windows of opportunity for loss from all sources.

Estimated program length : 1 Hour(s).

The Annual Security Program Report

An Examination is available with this program.