Our Methodology
Companies may be at risk because they fail to fully assess their potential vulnerabilities to disaster or other losses.
Our extensive experience and pragmatic approach to mitigating risk results in provable loss reduction for our clients.
Knowing where to spend money, and why, helps keep people and property safe and avoids costly litigation when things go wrong.
From facility design to program development and implementation our expertise saves our clients money and increases shareholder value.
KRG Risk Assessment Process
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Consultation:
Our process begins with consultation with senior management, security leadership and other stakeholders, to understand the issues of brand, culture, goals and objectives and set expectations for the assessment.
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Information Gathering:
The process includes a systematic gathering of information to identify and prioritize assets, threats and vulnerabilities, current losses, key financial data and existing protection measures.
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Analysis:
Based on this information, the KRG analysis examines potential security gaps and proposes prioritized strategies to mitigate risks and protect critical business functions and human assets.
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Recommendations:
These strategies, presented in the form of a detailed report and executive summary, identify and quantify the risk relationships between assets, threats, loss probabilities and vulnerabilities. With a focus on the economic return on investment, KRG provides recommendations for the prioritized implementation of security plans, including information, operations, people, facilities, systems and technology, to responsibly secure the corporation.
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Follow Up:
During and after implementation, KRG provides feedback and follow up, offering any needed refinements and addressing any new issues.
The Department of Homeland Security has reviewed and endorsed our Risk Assessment Methodology in petroleum and chemical environments.