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Why You Need a Physical Security Assessment in 2024

Why You Need a Physical Security Assessment in 2024

by Brad Ancell - April 11, 2024

Today, businesses must implement robust commercial security systems to safeguard against evolving physical security risks.

While trends such as remote work offer exciting growth opportunities, they also bring forth new and intricate challenges in terms of physical threats. For example, 12.7% of full-time employees work from home now, which is leading to an increase in vacant workplaces that are susceptible to physical security breaches.

By conducting a thorough physical security assessment in 2024, you can ensure that your business is well-equipped to protect against potential threats and respond quickly if an incident occurs. Neglecting this evaluation can lead to operational disruptions, costly incidents, and damaged employee morale. 

Let’s explore what a physical security risk assessment entails, its benefits, and what it means for organizations looking to shore up their business security in 2024.

What is a Physical Security Assessment?

A physical security assessment comprehensively evaluates a company’s physical security measures to help strengthen on-site safety and security protocols. While the process may change depending on the evaluators' operating practices, most follow several key steps:

  1. Evaluation of Existing Security Measures - Here, the assessment company will scrutinize current security protocols and infrastructure to gauge effectiveness.
  2. Identification of Vulnerabilities - Technicians identify weaknesses and gaps in security that could expose the organization to potential threats and exploits.
  3. Recommendations and Improvements - After evaluation and weakness assessment, the assessor will then make recommendations to enhance the overall security posture.

While there is no one-size-fits-all approach to physical security assessments, a typical assessment will include a thorough investigation of a site’s layout and existing security measures such as:

4 Benefits of a Physical Security Risk Assessment

To help businesses better understand the value of assessing their commercial security systems, it’s important to explore the benefits of this type of evaluation. 

1. Risk Identification and Mitigation

A key benefit of an assessment of physical security is the pinpointing of possible threats relevant to the business. These can stem from various sources, from external criminal activity to internal vulnerabilities. With this list of potential risks, the business can develop targeted strategies to mitigate them effectively and quantify risk exposure accurately. 

2. Compliance with Regulations

Regular risk assessments help businesses make sure their security measures are up-to-date and in line with not only industry standards but also potential legal requirements. This level of comprehensive evaluation is important as it identifies gaps the business may have in meeting requirements for security controls, protocols, and best practices.

3. Enhanced Safety

Another benefit of physical security risk assessments is their ability to provide reliable solutions to mitigate the threats identified in earlier assessment stages. This information helps internal teams safeguard assets, employees, and operations. As a result, not only are physical assets safe, but employee confidence and productivity can also improve.

4. Cost-Efficiency

Once vulnerabilities and risks are identified, businesses can then implement measures to mitigate those costly risks. Identifying these risks early can save substantial costs in the long run. After security team members implement the identified solutions, the likelihood of financial losses due to theft, vandalism, or data breaches decreases significantly.

Ready to Conduct a Physical Security Assessment? 

A physical risk assessment is more than a simple precaution; it’s a critical step in shoring up a business's physical security to tackle the threats of 2024 and beyond. When an organization thoroughly evaluates its premises, analyzes potential risks, and reviews all its current security measures, it gains the ability to not only identify potential threats but also mitigate vulnerabilities with effective security solutions. Consider scheduling a security assessment today, as this process stands as an essential step in fortifying resilience against tomorrow's threats.

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