Police forces highlight opportunity for completion of ISBs on outcomes of criminality

Police forces are highlighting the opportunity for companies to complete an Impact Statement for Business

Police forces are highlighting the opportunity for companies to complete an Impact Statement for Business

Police forces are highlighting the opportunity for companies to complete an Impact Statement for Business, setting out the effects that a particular crime has had in respect of direct financial loss, operational disruption and reputational damage. Courts will then take the Impact Statement for Business into account when determining sentence.

According to Simon Chapman, managing director of Lodge Service, the process of producing an Impact Statement for Business (ISB) also enables directors to understand and quantify the costs of crime for the business and then evaluate the return on investment from security protection and loss prevention measures as well as civil recovery proceedings.

If directors choose not to make a statement at the outset of the proceedings, they may not have another opportunity to make one later on. This is simply because the case in question may be dealt with by the courts very quickly.

The Impact Statement for Business itemises areas where losses may have occurred for an organisation. These may well include the following:

*Direct financial losses: assets lost or stolen

*Damage to buildings and property

*Other indirect financial costs: loss of custom, impact on consumer confidence, staff time, expenditure on security measures, medical expenses, costs associated with contractual staff

*Non-financial impacts such as reputational damage and physical injuries sustained by staff or customers

“This information can also be used for the preparation of civil recovery proceedings which enables organisations to recoup losses through civil law remedies,” explained Chapman.

Service users can pursue compensation for associated investigation and management costs of civil recovery including the collation of witness statements, examining supporting data, reviewing CCTV footage, interviewing members of staff and further investigations.

“This remedy is useful if the police decide not to act,” stated Chapman, “or the offender is issued with a Fixed Penalty Notice requiring no Court time, in which case there will probably be no compensation for commercial losses or for the staff time and additional costs to the organisation.”

About the Author
Brian Sims BA (Hons) Hon FSyI, Editor, Risk UK (Pro-Activ Publications) Beginning his career in professional journalism at The Builder Group in March 1992, Brian was appointed Editor of Security Management Today in November 2000 having spent eight years in engineering journalism across two titles: Building Services Journal and Light & Lighting. In 2005, Brian received the BSIA Chairman’s Award for Promoting The Security Industry and, a year later, the Skills for Security Special Award for an Outstanding Contribution to the Security Business Sector. In 2008, Brian was The Security Institute’s nomination for the Association of Security Consultants’ highly prestigious Imbert Prize and, in 2013, was a nominated finalist for the Institute's George van Schalkwyk Award. An Honorary Fellow of The Security Institute, Brian serves as a Judge for the BSIA’s Security Personnel of the Year Awards and the Securitas Good Customer Award. Between 2008 and 2014, Brian pioneered the use of digital media across the security sector, including webinars and Audio Shows. Brian’s actively involved in 50-plus security groups on LinkedIn and hosts the popular Risk UK Twitter site. Brian is a frequent speaker on the conference circuit. He has organised and chaired conference programmes for both IFSEC International and ASIS International and has been published in the national media. Brian was appointed Editor of Risk UK at Pro-Activ Publications in July 2014 and as Editor of The Paper (Pro-Activ Publications' dedicated business newspaper for security professionals) in September 2015. Brian was appointed Editor of Risk Xtra at Pro-Activ Publications in May 2018.

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