The American Society for Industrial Security (ASIS) has established a partnership with The Conference Board (TCB), a research and business membership organization, to conduct an extensive examination of corporate management and security changes and their costs resulting from the Sept. 11 attacks.

The objective of the ASIS/TCB study is to assist security professionals, corporate leaders and government officials in designing policies to deal with new security realities. This study will explore the far-reaching changes in corporate management practices and in the roles and responsibilities of security managers, as well as examine the financial implications of changing security requirements.

"There was no reliable, comprehensive information anywhere on costs of security to business, especially present and prospective costs associated with 9-11," said Michael J. Stack, executive director of ASIS. "We knew from the outset that The Conference Board would be the ideal organization to partner with in gathering information to provide to Congress."

The information generated by the ASIS/TCB study will be made available to the Joint Economic Committee as it considers recommendations to present to Congress for new legislation intended to provide tax relief for businesses and consumers.

A major goal of the ASIS/TCB study, in addition to understanding the "bottom-line" financial impacts of the new security demands and practices, is to enhance understanding of the institutional changes being implemented by corporations to better prepare for and manage security in the new operating environment created by threats of terrorism.



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