Real Estate Responds to the New Threat Environment

Attention to “Risk” Rises After 9/11

• Most issues aren’t new:
  • Risk assessment/management
  • Building security
  • Structural engineering
  • Emergency response planning
• Difference is relative attention now vs. before

Less Conceivable Threats are More Conceivable

• Harboring potential terrorists in a building
• Bio-terrorism, including HVAC-system vulnerability
• Cyberattacks, including hacking
• Other weapons of mass destruction on U.S. soil… against U.S. interests

Federal Government Recommends a Public-Private Response

• To make threat advisory system more meaningful, actionable
• To better assess real estate-related threats, vulnerabilities
• To better coordinate response planning, stimulate development/sharing of best practices

ISAC a Key Element of Real Estate Response

• Not-for-profit organized by The Real Estate Roundtable
• Industry (as opposed to public) forum
• Members are trade associations
• Center supports independent, ongoing association efforts

A Conduit for Disseminating Threat and Warning Information

A Conduit for Collecting Threat Information on Real Estate Incidents

Serving a Critical Public Purpose

• Through ISAC initiatives to protect real estate assets:
  • Broad spectrum of industry benefits (owners, managers, investors, lenders)
  • Public benefits (tenants, workers, residents, shoppers, travelers)
  • Government benefits (from information exchange with industry, including more and better information from industry)