Total Security Management (TSM) is the business practice of developing and implementing comprehensive risk management and security practices for a firm’s entire value chain. This business process improvement strategy seeks to create added value for companies by managing security and resilience requirements as core business functions rather than as reactionary expenditures. TSM implementation involves a thorough evaluation of key internal and external stakeholders, distribution channels, and policies and procedures in terms of a firm’s level of preparedness for a variety of disruptive events.
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