Risk Management

It has been said that Risk management is a discipline for living with the possibility that future events may cause adverse effects. At FIC our Risk Management planning and strategies have been established through training and experience. In today’s global market there are risks to be weighed and measured on an almost daily basis. Together with our clients we work to establish and maintain the delicate balance by systematically approaching the best course of action identifying, assessing, understanding, acting on and communicating risk issues such as:

Type of risk: technological, financial, human resources, capacity, intellectual property, health, safety;
Source of risk: external risk (political & economic); internal risk (reputation, security and management) information for decision making.

What is at risk: area of impact the type of exposure, people, reputation, materiel or real property.
Controlling the risk: by identifying the level of risk and its impact, high risk effects operations; moderate risk may affect reputation; low risk could be environmental.

As society changes and technology advances, making “life faster and easier”, so grows the need for Risk Management. Parallel to technological progress is the equaled need to identify and understand while adapting to and establishing clear solutions for our increasing Risk Management needs both personally and professionally.

Through the process of risk assessments, security audits and integrity checks, further services may be required to fill in the gaps, obtain evidence, and secure whatever the circumstance requires such as:

Undercover Operations – to determine the scope and level of theft, fraud gathering evidence for prosecution

Executive Protection – protecting key people and intellectual property securing those investments

Financial/Background Profiling – providing further due-diligence and peace of mind

TSCM – Technical Surveillance Counter Measures – electronic bug sweeps and changing of locks securing the present while planning for the future

Security Services – personal or technology both can play a role in the process and when planning for the future

Integrity Checks and Audits – both before any risk assessment and equally important after, making sure the right solution is working.

Civil or Criminal Litigation – recovery of lost revenue, resources or intellectual property. Sometimes just the fact that you follow through with the legal process sends a message out into the market place that enables you to mitigate against future risk.

For more information about our Risk Management Services, please contact one of our offices or email: info@scm-fic.ca