There’s plenty of talk about cybersecurity — but recent data shows that physical security should remain an equal focus for companies. A report from Allied Universal found that physical security incidents cost large global organizations a combined $1 trillion in 2022 revenue. And according to an article from Security Journal Americas, companies are expected to ramp up physical security budgets to prepare for an anticipated increase in threats, growing social unrest, the impact of climate change, and incidents of fraud or theft.
So, how do organizations protect their people, places and assets from looming physical threats? Invest in technology that secures and connects all systems. By converging physical, IT, OT and HR systems onto one unified platform, organizations can mitigate, predict and prevent costly incidents.
Explore more findings from the report in this article from Security Journal Americas.