How many lines of defense does each property have?

In the context of security risk management, properties—or any organizations for that matter—typically employ a model known as the "Three Lines of Defense" to mitigate risks and ensure robust security practices. This model emphasizes that there are different roles within a property or organization that contribute to effective risk management and security.

The first line of defense consists of operational management and staff who are responsible for identifying and managing risks on a daily basis. They implement controls and ensure that procedures are followed, directly contributing to the safeguarding of assets.

The second line of defense includes risk management and compliance functions that provide support and oversight. These teams develop policies, monitor compliance, and help ensure that the first line has the tools and resources needed to manage risks effectively.

The third line of defense consists of independent assurance providers, typically internal or external auditors, who evaluate the effectiveness of risk management practices and controls established by the first two lines. This layer acts as a crucial check-and-balance mechanism that ensures accountability and enhances risk management practices.

Understanding this framework is essential for anyone involved in security management, as it lays out a structured approach to managing and mitigating risks within an organization.