SIA Panel: The Economics of Risk and Technology: Making Security’s Business Case for Innovation The Economics of Risk and Technology: Making Security’s Business Case for Innovation

RAD President, Mark Folmer, CPP, PSP, FSyI, participates in this panel discussion.

Based on experience from security practitioners, technology thought leaders, service delivery professionals, and security consultants understand the impact of technology and how it is supporting the industry’s extensive evolution. Provide Security Practitioners with ideas, tools and options on what to expect and how to evolve their security programs and more importantly how to internally sell innovation to their leadership (C-Suite). Often forgotten and perceived as the weakest link of a security program, security is able deliver more than before when it comes to basing decisions on risk. It is critical to understand the economics of risk and the economics related to technology when deploying mitigating measures. Version 3.0 of service providers can embrace various types of technology, service delivery methods and other business principles to deliver better service, support the 5 Ds of physical security for practitioners. By sharing strategies on how to communicate the value of technology through understanding trends, and challenges addressing; speed/volume of data, budgets, business goals, exposure, and resource allocation practitioners and service companies can add value to any organization.