Home Tag "Physical Security"
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Best Data Privacy Practices For Physical Security Leaders

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Genetec shared a comprehensive set of data protection best practices to help physical security leaders protect privacy, safeguard data, and enable trust without compromising security. This initiative responds to the escalating importance of data security in an increasingly interconnected digital landscape.
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Security Market Rapidly Embracing Cloud: Genetec

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The Genetec 2024 State of Physical Security report is based on insights from over 5,500 physical security leaders worldwide (including end users and channel partners), and looks at the security strategies organisations are putting in place to effectively navigate the realities of a changing industry. And according to the company, the report reveals that the adoption of cloud-based solutions for physical security has been gradually increasing over the past decade, but it is now picking up speed. The findings show that […]
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Cyber Security

Cybersecurity Remains A Key Concern For Physical Security Experts: Genetec

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As October brings cybersecurity awareness month into the spotlight, new research conducted by Genetec has revealed that cybersecurity remains a key concern for physical security experts. Based on insights from over 5,500 physical security leaders from around the world, the research shows that while organizations are putting in place new processes to protect themselves, the level of concern about potential cyber threats continues to increase. Close to a third (31%) of end-user respondents indicated that their organization was targeted by […]
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Cyber Security

Physical Security Incidents Cost Companies $1 trillion In 2022

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According to the first-ever World Security Report, large, global companies lost a combined $1 trillion in revenue in 2022 due to physical security incidents. Economic unrest is expected to be the greatest security-impacting hazard in the next 12 months, a significant increase on the prior year. The report also found that companies anticipate a surge in threats and hazards like social unrest, climate change, fraud and theft. As a result, physical security budgets are predicted to increase significantly to keep […]
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Physical Security Market To Reach $136.9 Billion By 2028

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In a newly published report the global physical security market size is projected to grow from USD 110.2 billion in 2023 to USD 136.9 billion by 2028 at a CAGR of 4.4% during the forecast period. This all according to research company Marketsandmarkets, whose analysts suggest that growth in the use of IP-based cameras for video surveillance and the rise in instances of malicious activities and security breaches to physical systems are driving the growth of the physical security market. […]
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New Convergint Study underscores Critical Need for Collaboration Between Physical Security and IT Teams

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Convergint has announced the results of its first annual Voice of the Customer Benchmarking Survey, which revealed that the role of physical security professionals has grown increasingly complex, now requiring intensive IT skills in areas like cybersecurity and cloud computing. The survey found that 72% of physical security professionals anticipate that their roles within their organizations will change in the next 1-2 years–with an increased emphasis on emerging technology, including artificial intelligence and machine learning, mobile credentialing, and autonomous solutions. The […]
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Hikvision predicts security industry top trends for 2023

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The physical security industry has been changing quickly in recent years. Developments and applications of cutting-edge technologies in this ever-evolving industry such as AI, machine perception, and IoT, are breaking boundaries all the time. We have seen security systems become deeply integrated and more comprehensive, expanding with capabilities that are now shouldering more intelligent tasks to improve efficiency in security as well as other operational functions. And all this is happening across many different industries and types of organisations. As […]
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Physical security market estimated at $216 billion by 2030

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The global physical security market size is expected to reach USD 216.43 billion by 2030, registering CAGR of 6.8% from 2023 to 2030, according to a new report by Grand View Research, Inc. Lack of physical security leads to higher rates of burglaries and thefts. Therefore, safeguarding the physical perimeter and individual assets, including expensive technological equipment, has gained importance and is driving the market growth. Increasing awareness about securing the perimeter in developing economies has led to a rise […]
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Genetec Recognizes Data Privacy Day by Sharing Physical Security Best Practices

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In recognition of international Data Privacy Day, Genetec  has shared data protection best practices to help physical security leaders protect privacy, safeguard data, and enable trust without compromising security. Data privacy has become a global top priority. Today, 71% of countries have initiated data privacy legislation, and companies that haven’t taken appropriate steps to protect data are facing tens of millions of dollars in fines for violations. In the physical security industry, acquiring digital information such as surveillance footage, photos, […]
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