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Major findings from the first-ever World Security Report

June 24, 2024

Did you know that in 2022, companies faced more than $1 trillion USD in revenue losses due to physical security incidents, with economic unrest anticipated to be the top security threat in the coming year? The inaugural World Security Report, commissioned by Allied Universal and G4S, highlights the concerns of nearly 1,800 chief security officers (CSOs) from global companies. It reveals that internal threats, particularly the misuse of company resources and data leaks, are expected to rise significantly. Driven by geopolitical tensions, external threats are also predicted to increase, which will undoubtedly impact supply chains. Latin America leads in advanced security technology adoption, while challenges in implementing technology, such as costs and skills shortages, remain a significant concern. And there is a major emphasis on the integration of physical and cyber security, with nine out of ten respondents indicating cyber threats pose significant challenges.

Get more eye-opening insight on www.worldsecurityreport.com. For the full report, click here.

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