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

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

  • Jan 23, 2023

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Businesses Fearful, Yet Security Strategies Remain Outdated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

  • Hot AI Chatbot DeepSeek Comes Loaded With Privacy, Data Security Concerns

    In the artificial intelligence race powered by American companies like OpenAI and Google, a new Chinese rival is upending the market—even with the possible privacy and data security issues. Read Now

  • Survey: CISOs Increasing Budgets for Crisis Simulations in 2025

    Today, Cyber Performance Center, Hack The Box, released new data showcasing the perspectives of Chief Information Security Officers (CISOs) towards cyber preparedness in 2025. In the aftermath of 2024’s high-profile cybersecurity incidents, including NHS, CrowdStrike, TfL, 23andMe, and Cencora, CISOs are reassessing their organization’s readiness to manage a potential “chaos” of a full-scale cyber crisis. Read Now

  • Human Risk Management: A Silver Bullet for Effective Security Awareness Training

    You would think in a world where cybersecurity breaches are frequently in the news, that it wouldn’t require much to convince CEOs and C-suite leaders of the value and importance of security awareness training (SAT). Unfortunately, that’s not always the case. Read Now

  • Windsor Port Authority Strengthens U.S.-Canada Border Waterway Safety, Security

    Windsor Port Authority, one of just 17 national ports created by the 1999 Canada Marine Act, has enhanced waterway safety and security across its jurisdiction on the U.S.-Canada border with state-of-the-art cameras from Axis Communications. These cameras, combined with radar solutions from Accipiter Radar Technologies Inc., provide the port with the visibility needed to prevent collisions, better detect illegal activity, and save lives along the river. Read Now

Most   Popular

New Products

  • AC Nio

    AC Nio

    Aiphone, a leading international manufacturer of intercom, access control, and emergency communication products, has introduced the AC Nio, its access control management software, an important addition to its new line of access control solutions.

  • 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.