Corporate assets, protection

Align security measures for the computer system with your corporation s Information Asset Protection Policies (lAPP) and coordinate with the building and/or plant security plans. For some systems, strict compliance with specific security requirements mentioned in the lAPP may not be possible given proprietary system limitations. Examples may include unique user identification codes, specified lengths for user identification codes and passwords, or inactivity time-outs. Use a deviation change process to document and justify these situations. 

Connoisseur Corporation Pty. Ltd., Asset Protection Technology, Mining Industry, www.connaisseur.com.au/rd-ect/industry/mining.html. Sept 2000. 

This research was conducted within RAND Infrastructure, Safety, and Environment (ISE), a unit of the RAND Corporation. The mission of ISE is to improve the development, operation, use, and protection of society s essential built and natural assets, and to enhance the related social assets of safety and security of individuals in transit and in their workplaces and communities. The ISE research portfolio encompasses research and analysis on a broad range of policy areas including homeland security, criminal justice, public safety, occupational safety, the environment, energy, natural resources, climate, agriculture, economic development, transportation, information and telecommunications technologies, space exploration, and other aspects of science and technology policy. 

Exhibit 21.4 illustrates a generic TR swap. The protection buyer has contracted to pay the total return on a specified reference asset, while simultaneously receiving a LIBOR-based return from the protection seller. The reference or underlying asset can be a bank loan such as a corporate loan or a sovereign or corporate bond. The total return payments include the interest payments on the underlying loan as well as any appreciation in the market value of the asset. The protection seller will pay the LIBOR-based return it will also pay any difference if there is a depreciation in the price of the asset. The economic effect is as if this entity owned the underlying asset, as such TR swaps are synthetic loans or securities. 

Security is a profession that is geared to protect people and assets against intentional loss. They are in fact similar to an internal police force, except that their powers are less and they operate within the limits of a corporation. Many mines and industries have large, full-time security staff to control the flow of raw materials and finished products in and out of the premises. They also patrol the premises after hours to deter would-be intruders, etc. These security guards are sometimes armed, and have authority to prevent persons from entering the factory or mine or certain sections thereof. They focus on the security of the premises and assets. They are not occupational safety practitioners and should not be confused with safety staff and their roles. 

Highway 2002. A Guide to Highway Vulnerability Assessment for Critical Asset Identification and Protection. National Cooperative Highway Research Program Project 20-07/Task 151B, Science Applications International Corporation-Transportation Policy and Analysis Center, Vienna. 

The safety and protection of employees, company assets, and the community in which the company resides is incumbent npon the corporation. Hopefully, an emergency response plan will need to be used only during testing and exercises. However, should an incident occur, a good plan will save time, resources, money, and more importantly, lives. It will also preserve community confidence in the company, which is a very important aspect of successful business. 

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