What does CORPSEC mean in Companies & Firms?

corporate security

A chief security officer (CSO) is an organization's most senior executive accountable for the development and oversight of policies and programs intended for the mitigation and/or reduction of compliance, operational, strategic, financial and reputational security risk strategies relating to the protection of people, intellectual assets and tangible property. The accountabilities of the CSO include, but are not necessarily limited to: In cooperation with the organization’s executive leadership team(s), directs the development of an effective strategy to assess and mitigate risk (foreign and domestic), manage crises and incidents, maintain continuity of operations, and safeguard the organization. Directing staff in identifying, developing, implementing, and maintaining security processes, practices, and policies throughout the organization to reduce risks, respond to incidents, and limit exposure and liability in all areas of information, financial, physical, personal, and reputational risk. Ensures the organization’s compliance with the local, national, and international regulatory environments where applicable to the accountability of this role (i.e. privacy, data protection, and environmental, health and safety). Researches and deploys state-of-the-art technology solutions and innovative security management techniques to safeguard the organization’s personnel and assets, including intellectual property and trade secrets. Establishes appropriate standards and associated risk controls. Develops relationships with high-level officials in law enforcement [and international counterparts] to include in-country security [and international security agencies], intelligence, and other relevant governmental functions as well as private sector counterparts [worldwide].

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