1. Certified Protection Officer Program

2. Chapter 1 Unit 1 Concepts and Theories of Asset Protection Pages 3-11.

3. Learning Objectives Students will describe the concepts and theories of asset protection including asset definition and valuation, risk elements, asset protection elements including deterrence, detection and delay, physical security, CPTED or Crime Prevention Through Environmental Design and risk management & insurance. Students will explain emerging trends as outlined on pages 9 and 10.

4. Asset Protection: What is it? Basis for what the security professional does: Core function of the officer’s job. From a practical perspective may mean something different to different people but the core function remains the same. Every sector of the economy has a corresponding asset protection program. Different assets may require protection but the philosophy remains the same.

5. What are assets? People Property Intangible items including trust, perception, responsibility, reputation. ‘ASIS International’ definition: Any real or personal property, tangible or intangible, that a company or individual owns that can be given or assigned a monetary value. Intangible property includes things such as goodwill, proprietary information, and related property. People are included as assets. Discussion point: what else is an asset in your opinion?

6. Risk What is it? How is it determined? Criticality: impact: can be measure in subjective and objective terms. Frequency: how often are events occurring Probability: trending of future events Impact: tangible and intangible costs

7. Mitigation Must not substantially negatively impact company operations. Use of cost/benefit analysis required. Involves three stages 1. Identification of all direct and indirect consequences of expenditures. 2. Assignment of a monetary value to all costs and benefits from expenditure. 3. Discounting expected future costs and revenues accruing from the expenditures in current monetary values.

8. Asset Protection: Layered Protection Multiple layers or ‘defense in depth’. Principles behind this concept is: Deterrence Detection Delaying (Deny) (Respond)

9. Physical Security Planning Identify assets Identify loss events through research Calculate probability Determine impact: direct, indirect and extra-expenses Identify countermeasures Implement countermeasures Evaluate countermeasures

10. CPTED: Crime Prevention Through Environmental Design Territoriality Boundaries and property lines: physical and psychological Surveillance Natural Electronic Organized: people Access Control Physical, procedural and human Positive Activity Report Maintenance

11. Risk Management The 4 ‘T’s’ Treat: reduction or mitigation Use of physical, procedural and human processes Tolerate: assumption/retention/acceptance Accept as the cost of doing business Terminate: avoidance Stop doing what ever you are doing to create the issue: is this practical? Transfer Insurance, contract out, Types of insurance: business interruption, K&R, Workers Compensation, Insurance for liability, fire, burglary, robbery, theft, bonds, employment practices.

12. Group Exercise Students in groups will design a basic asset protection program using the key headings as reference points. One student will document the considerations while another student will present the material to the rest of the class. Key headings will be: Asset Definition/Valuation; Risks; Mitigation; Protective Strategies; and, Insurance.