Recent headlines have reminded us too well of the growing need for protection from terror groups and cybercrimes. More than 32,000 people were killed in acts of terrorism in 2014, an increase of 80% from 2013. The economic impact of terrorism also reached a record $52.9 billion last year, surging 60% from the previous year and jumping ten-fold since 2000. Cybercrimes and headlines of major hacking breaches have become regular occurrences, with more than 4,000 cyber-attacks reported every day. IBM estimates that businesses are attacked an average of 16,856 times a year. That’s every business. While the majority of online… Read More
Recent headlines have reminded us too well of the growing need for protection from terror groups and cybercrimes. More than 32,000 people were killed in acts of terrorism in 2014, an increase of 80% from 2013. The economic impact of terrorism also reached a record $52.9 billion last year, surging 60% from the previous year and jumping ten-fold since 2000. Cybercrimes and headlines of major hacking breaches have become regular occurrences, with more than 4,000 cyber-attacks reported every day. IBM estimates that businesses are attacked an average of 16,856 times a year. That’s every business. While the majority of online attacks don’t get through first-line defenses, an average of 1.7 per week are successful at breeching corporate networks. Growth in security products, services and cybersecurity is set to be a pervasive theme for the foreseeable future. An industry report from ASIS International shows private security spending jumped 10.5% to $377 billion over the two years through 2015. That estimate is likely conservative, given that corporate security spending isn’t often separated out from general facilities management budgets. The global market for physical security grew to $120 billion in 2013, an increase of 11% from the previous year. Cyber security continues to… Read More