The Risk Paradox centers around the idea that, as the number of mitigated incidents increases, so does the perception that the Security department requires less budget and fewer resources due to the decreased impact of incidents on the organization. Marc DiGiorgio will delve into the concept of the Risk Paradox, while will showcase ways to track and report on your team’s success to help those outside of your department clearly see the true value of your efforts. Presentation by: Marc DiGiorgio, Chief Revenue Officer, Resolver Inc. Mary Shiffer, Senior Customer Success Engineer, Resolver Inc.

2. I am a Sr. Customer Success Engineer at Resolver.
mary.shiffer@resolver.com

3. I am the Chief Revenue Officer at Resolver.
dig@resolver.com

6. How to quantify the positive impact your team
makes on the organization.

7. Categorize ways to quantify the positive impact your department makes on
the organization.
Discuss as a group how we can support each other, provide examples of what
works and what doesn’t.
Provide examples in our software of how you can quantify impacts.
Suggest ways that Security can feed information to Risk and/or Audit to focus
the ‘money waste’ conversation elsewhere while improving results for the org.

8. FourThreeTwo
Track Loss & Recovery.
Capture Labor Efficiency.
Automate Incident
Capture.
Calculate Loss
Avoidance & Saves.
Align to Risk Objectives
& Target Control Costs.
One

13. Origin
A B
C
DE
Ex: Loss Prevention
Daily losses of $30,000 in liquor products.
Roving gangs fund illicit trades.
Started to geo-map incidents related to theft.
Aligned Security and Plain Clothes Officers based on
predictive data.
Results:
Able to capture ‘Saves’. That is, the rate of shrink at
stores where the security presence was 0.5% from 1%.
A: $8,000
B: $3,000
C: $5,000
D: $9,000
E: $1,000
Total Saved: $26,000

14. Contributing
Factor
Risk Event
(n-1)
Risk Event
(n+1)
Impact
Pre-Event
Control
Pre-Event
Control
Post-Event
Control
Post-Event
Control
Risk Event