Survey: 28% of Businesses Experienced Rising Security Incidents in 2022

Survey: 28% of Businesses Experienced Rising Security Incidents in 2022

Pro-Vigil, a provider of remote video monitoring, management and crime deterrence solutions, today published its third annual "The State of Physical Security" research report. It revealed that amid ongoing supply chain issues and emerging economic uncertainty, businesses experienced a rise in physical security incidents in 2022. Yet many businesses have not updated their security strategies, despite believing these incidents will continue to rise in 2023.

To better understand the physical security threats businesses are facing today, and what they're doing to combat them, Pro-Vigil polled 149 operations leaders across a range of industries including construction, dealerships (car/truck/boat/RV), retail, and manufacturing, among others. Key findings from the survey include:

Physical Security Incidents Continue to Rise

  • 28% of respondents saw an increase in physical security incidents in 2022, matching the mark from Pro-Vigil's 2021 survey and up from just 20% in 2020.
  • 39% believe the state of the economy is the cause behind rising security incidents, while 26% believe the supply chain is to blame.
  • 91% believe the number of physical security incidents will increase or stay the same in 2023.

Security Incidents are Impacting Business Operations

  • When it comes to the type of incidents impacting businesses most, almost half (48%) say theft is to blame.
  • These incidents are having real business impacts, with 40% of respondents reporting project delays and 25% reporting their cash flow has taken a hit.

Businesses Fearful, Yet Security Strategies Remain Outdated

  • Despite more than 90% of respondents saying security incidents will stay the same or increase in 2023, 42% have not changed their security strategy.
  • Less than half, 41%, are using Remote Video Monitoring to secure their business.
  • Construction businesses, in particular, are facing an elevated threat with 66% reporting at least one security incident in 2022. However, 43% did not change their security strategies.

To download Pro-Vigil's research report, "The State of Physical Security Entering 2023," please visit here.

Featured

New Products

  • Compact IP Video Intercom

    Viking’s X-205 Series of intercoms provide HD IP video and two-way voice communication - all wrapped up in an attractive compact chassis.

  • A8V MIND

    A8V MIND

    Hexagon’s Geosystems presents a portable version of its Accur8vision detection system. A rugged all-in-one solution, the A8V MIND (Mobile Intrusion Detection) is designed to provide flexible protection of critical outdoor infrastructure and objects. Hexagon’s Accur8vision is a volumetric detection system that employs LiDAR technology to safeguard entire areas. Whenever it detects movement in a specified zone, it automatically differentiates a threat from a nonthreat, and immediately notifies security staff if necessary. Person detection is carried out within a radius of 80 meters from this device. Connected remotely via a portable computer device, it enables remote surveillance and does not depend on security staff patrolling the area.

  • QCS7230 System-on-Chip (SoC)

    QCS7230 System-on-Chip (SoC)

    The latest Qualcomm® Vision Intelligence Platform offers next-generation smart camera IoT solutions to improve safety and security across enterprises, cities and spaces. The Vision Intelligence Platform was expanded in March 2022 with the introduction of the QCS7230 System-on-Chip (SoC), which delivers superior artificial intelligence (AI) inferencing at the edge.