Innovative firm, The Keyholding Company, unveils revolutionary software for handling and minimizing potential dangers in physical security management.
The Keyholding Company (TKC) has launched a groundbreaking Risk Management Tool, marking a significant step forward for the tech-enabled security specialists and transforming the way mobile services are delivered across the UK. Developed by Chartered Security Professional and Professional Doctorate candidate in Security Risk Management, Rachel Webb, the tool aims to address challenges in traditional physical security risk management by providing a tech-enabled, data-driven approach.
In a press release, TKC's CEO, Charlie Gordon Lennox, hailed the launch as a new chapter for the company. The Risk Management Tool generates dynamic risk dashboards for granular site analysis, using a mobile app with 38 pre-configured questions.
The tool's process spans across three phases:
- In Phase 1, risk experts set a protection baseline recorded directly to the platform, considering factors like crime, deprivation, and environmental conditions.
- In Phase 2, thorough app-based digital site risk assessments capture existing mitigations and vulnerabilities.
- In Phase 3, risk dashboards demonstrate whether protection baselines are met, not met, or excessive, allowing filtering by Business As Usual (BAU) and heightened security scenarios.
The Risk Management Tool addresses the limitations of traditional physical security by incorporating technologies such as remote monitoring and AI-driven threat detection, data analytics for risk profiling and prioritization, automated incident response, and expert-driven software for tailored assessments. These advancements shift from purely physical deterrents to a more nuanced intelligence-driven security framework, offering better visibility, faster decision-making, and a more strategic allocation of security resources.
Rachel Webb believes the tool has the potential to help security professionals take creative control of their security outcomes and feel confident using data to spend their budget effectively. The tool aims to offer robust insight and help security professionals make smarter, cost-effective decisions, eliminating inconsistencies and biases, providing quick answers, and maintaining an audit trail.
One unique feature of the Risk Management Tool is the link between risk requirements and service delivery, setting it apart in the market. However, traditional physical security risk assessments often rely too heavily on subjectivity, making it difficult to analyze risk assessment data and changes to the threat landscape. The Risk Management Tool aims to overcome these challenges by offering cost efficiency and providing a more objective, data-driven approach to physical security risk management.
TKC Consult, a division of The Keyholding Company, is led by Rachel Webb and Oliver Rutt. The company helps clients design physical security solutions, with the Risk Management Tool being their latest offering. The tool is an industry first, offering a tech-enabled, data-driven approach that leverages advanced analytics and real-time monitoring to improve risk identification, prioritization, and mitigation.
Sources:
[1] AI Surveillance Market Growth, Trends, and Forecast (2021-2028) [2] Intelligent Intrusion Detection Systems Market Size, Share & Trends Analysis Report By Component, By End-use, By Region And Segment Forecasts, 2021 - 2028 [3] Risk Intelligence Market Size, Share & Trends Analysis Report By Component, By End-use, By Region And Segment Forecasts, 2021 - 2028 [4] Physical Security Information Management (PSIM) Market Size, Share & Trends Analysis Report By Component, By End-use, By Region And Segment Forecasts, 2021 - 2028
- The Risk Management Tool, developed by Rachel Webb and her team at TKC Consult, is set to revolutionize the industry by integrating finance with technology to provide a tech-enabled, data-driven approach to physical security risk management, potentially reducing costs and eliminating inconsistencies.
- In the domain of business, this groundbreaking tool offers security professionals a strategic advantage by embracing advancements in technology such as remote monitoring, AI-driven threat detection, data analytics, automated incident response, and expert-driven software, making security decisions more intelligent, efficient, and proactive.
