ABSTRACT

The motivation for good security comes from the concern for quality, to save on the costs of security failures, and good business practice. Of concern to the Company are some of the indirect consequential losses resulting from a security failure. A high visibility of the importance of security is necessary within a company. Within the Company the security unit covers all aspects of security, and reports direct to the Company Secretary who is also a Board member. Each business division has on its board a member, part of whose responsibility and job description is for security within that business division. An important method of getting security commitment is for the senior managers to make a formal statement of their beliefs. The Board attaches particular importance to the protection of its people, information, business processes, systems and property. The Commercial Security Compliance and Review unit checks key business processes for their conformance to existing policy.