NEW YORK, Jan. 27, 2003 (PRIMEZONE) -- Terrorism prevention consultant Saul B. Wilen says, "Today's terrorism is the most serious threat facing America. Our economic collapse may result, and as goes America so goes the world. However, prevention solutions do exist."
This message will be delivered by Dr. Wilen, when he speaks to corporate executives, and security and risk professionals from around the world. This ground breaking meeting devoted to managing terrorism risk, is being held in New York City at the Westin New York Hotel at Times Square on January 28, 2003. Wilen emphasized, "The public and private sectors are equally at risk and equally responsible. Insufficient government resources exist to bailout sustained catastrophic risk. The challenge for all businesses and their leadership is to sustain their survival."
Wilen will explore the perspectives, tools, and dynamic solutions that are vital for the private sector (companies) that owns and operates 90% of America's Critical Infrastructure (IT, telecommunications, insurance, banking and finance, transportation, energy, food, water, distribution networks). Prevention strategies, assessment processes, and new tools including dynamic risk modeling will be major issues for discussion.
"The insurance industry must actively engage in assessing and reducing terrorism risk for their clients. American companies must be full partners in the prevention and security process, and in fulfilling their responsibilities in reducing terrorism risk and creating effective risk management," Wilen said. "Successfully managing terrorism risk including insurance risk is not going to be easy. Changing our existing corporate culture in confronting the outcomes of today's terrorism is required."
Dr. Wilen is CEO of International Horizons Unlimited (www.intlhorizons.com) a San Antonio, Texas-based terrorism prevention think-tank. He serves as a prevention strategies consultant to numerous entities in the U.S., Canada, and England including the U.S. Secret Service, The U.S. Department of Commerce, Canadian security organizations, and the National Governors' Association.