Cost benefit analysis within organization security management

Autor: Kampová Katarína, Mäkká Katarína, Zvaríková Katarína
Jazyk: English<br />French
Rok vydání: 2020
Předmět:
Zdroj: SHS Web of Conferences, Vol 74, p 01010 (2020)
Druh dokumentu: article
ISSN: 2261-2424
DOI: 10.1051/shsconf/20207401010
Popis: The present time is constantly evolving, advancing and bringing new challenges and threats that may have an adverse impact on individuals and organizations. Each organization must adapt its activities to the current situation. It must also take care of its security, which it needs to ensure its existence, successful functioning and continuous improvement of its position within the global environment. Security must therefore be part of the organization’s main strategies. Therefore, appropriate attention should be paid to security and the organization should regularly allocate sufficient resources to ensure its security. The aim of this article is to point out the possibilities of using the CBA method in the framework of security management in the concept of socially responsible business. The CBA method provides scope to develop and incorporate its methodological framework into standard risk management practices within a company by assessing the costs and benefits of the proposed preventive measures related to ensuring the required level of security within the organization.
Databáze: Directory of Open Access Journals