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Michael J. Stack
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News Release

ASIS International Signs Agreement with the Open Security Exchange

Open Security Exchange is first to join ASIS in new consortium

Alexandria, Va. 2009-01-29
ASIS International, the preeminent organization for security management professionals worldwide, has signed a memorandum of understanding with the Open Security Exchange, an organization dedicated to accelerating convergence of IT and physical security.  The OSE membership consists of companies, representing manufacturers, consultants and integrators as well as individual security practitioners from both domains. OSE is the first industry organization to align with ASIS under the new International Security Risk Management Consortium (ISRMC) program. 
The vision of the consortium is to increase collaboration in and among organizations that have access to the disciplines and thought leadership surrounding Enterprise Security Risk Management (ESRM). Providing a setting where organizations and individuals can actively collaborate in the development of education content through research, demonstrated best practices, principles and approaches involving ESRM is the immediate objective.  Involvement in the consortium is restricted to not-for-profit organizations with an interest in rapid advancement of the evolution of the ESRM body of knowledge.  
The ISRMC was initiated in 2008 in response to the development and evolution of an Enterprise Security Risk Management body of knowledge.  ESRM is the practice of integrating all the areas of an organization that involve the protection of people, property and information. A key component of Enterprise Risk Management—which considers the entire risk universe, including financial, strategic and operational—ESRM is where security professionals ensure that multiple disciplines and business units communicate effectively and work together to identify, prioritize and mitigate risk.
“The initial expectations for organizations joining the ISRMC are a commitment to collaborate on strategic and tactical approaches supporting the vision and objectives of the consortium,” says ASIS’ Chief Executive Officer Michael J. Stack. “This consortium approach allows for periodic discussions regarding common strategic, tactical or operational opportunities and/or partnerships that would be mutually beneficial to members’ organizations.”
According to the terms of the agreement, members of ASIS and OSE will meet twice a year. “The OSE is honored and excited to be the first organization to join forces with ASIS in this very important initiative,” says OSE Chairman Laurie Aaron. “The consortium in and of itself represents a type of convergence on a grand scale.  I believe our participation in the ISRMC will result in valuable deliverables to the security industry that may otherwise take decades longer to realize.”
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ASIS International is the preeminent organization for security professionals, with more than 36,000 members worldwide. Founded in 1955, ASIS is dedicated to increasing the effectiveness and productivity of security professionals by developing educational programs and materials that address broad security interests, such as the ASIS Annual Seminar and Exhibits, as well as specific security topics. ASIS also advocates the role and value of the security management profession to business, the media, government entities and the public. By providing members and the security community with access to a full range of programs and services, and by publishing the industry’s No. 1 magazine—Security Management—ASIS leads the way for advanced and improved security performance.
Open Security Exchange is a 501(c)(3) not-for-profit association of security experts that provides a forum for A&E firms, consultants, end-users, government agencies, manufacturers, system integrators and allied organizations to mutually define opportunities for Physical & Logical Convergence and Interoperability.  OSE was created to address today’s most significant security challenge—the lack of integration between various components of the security infrastructure.  The OSE is a cross-industry forum dedicated to delivering vendor-neutral interoperability specifications and best practices guidelines in the area of security management.  This enables practitioners to more efficiently mitigate risk, optimize their security postures and enforce privacy policies.