Economic security of economic entities: Theory and the current practice

Abstract

Subject. This article discusses the issues related to the safety of a business entity's activities. Objectives. The article aims to determine the position of the security service of a company in its business processes and the specifics of its implementation in the Russian business environment. Methods. For the study, we used a systems approach and comparison. Results. The article says that in the conditions of steady-increasing complexity of production processes, the security service functionality should be expanded not through an increase in the number of its employees only, but through involving specialists of the company's business units to perform certain functions that ensure the company's safety, as well. Conclusions. All employees of the company should be concerned about and deal with the issues of economic security in terms of their professional activities and the work they perform. They also should be able to act in crisis situations.