Abstract
Risks can be prevented, reduced, transferred or ignored. There are very few terrorist risks that can safely be ignored, and it is unrealistic to depend on 100 per cent prevention, so this leaves the other two: to reduce risks by good security and, where possible, to transfer at least some of the financial risks by insurance. Should the risks materialize, damage can be contained by good contingency planning and crisis management, and these are the subjects of later chapters. But the best investment of all is prevention by good security, reducing the risk to a minimum.
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© 1987 Richard Clutterbuck
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Clutterbuck, R. (1987). Risk Management and Security. In: Kidnap, Hijack and Extortion: The Response. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-18754-6_7
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DOI: https://doi.org/10.1007/978-1-349-18754-6_7
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-0-333-41938-0
Online ISBN: 978-1-349-18754-6
eBook Packages: Palgrave Social & Cultural Studies CollectionSocial Sciences (R0)