Methods of Security Risk Assessment in Private Security

Abstract

This paper deals with some of the most known and used methods for risk assessment, analyzing their importance and application in private security. Several methods, which have been applied to private security entities in the Republic of Macedonia, as well as abroad, are being singled out and closely discussed. Our focus, nevertheless, stays on the application of Keković, Kinney, and AUVA methods of risk assessment within private security entities. Although these methods for risk assessment are widely used in different risk assessment methodologies in various spheres, they can be successfully adjusted and implemented in private security companies’ risk assessment as well. The paper will consider the possibility of successful implementation of methods of security risk assessment in the Republic of Macedonia. In addition, the author of the paper gives proposals, which could prove useful when implementing the risk assessment preventive policies, methods, and strategies within the work of the private security entities.

Keywords

• security risks
• risk assessment methods
• prevention
• private security