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Businesses Fearful, Yet Security Strategies Remain Outdated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

  • TSA Introduces New $45 Fee Option for Travelers Without REAL ID Starting February 1

    The Transportation Security Administration (TSA) announced today that it will refer all passengers who do not present an acceptable form of ID and still want to fly an option to pay a $45 fee to use a modernized alternative identity verification system, TSA Confirm.ID, to establish identity at security checkpoints beginning on February 1, 2026. Read Now

  • The Evolution of IP Camera Intelligence

    As the 30th anniversary of the IP camera approaches in 2026, it is worth reflecting on how far we have come. The first network camera, launched in 1996, delivered one frame every 17 seconds—not impressive by today’s standards, but groundbreaking at the time. It did something that no analog system could: transmit video over a standard IP network. Read Now

  • From Surveillance to Intelligence

    Years ago, it would have been significantly more expensive to run an analytic like that — requiring a custom-built solution with burdensome infrastructure demands — but modern edge devices have made it accessible to everyone. It also saves time, which is a critical factor if a missing child is involved. Video compression technology has played a critical role as well. Over the years, significant advancements have been made in video coding standards — including H.263, MPEG formats, and H.264—alongside compression optimization technologies developed by IP video manufacturers to improve efficiency without sacrificing quality. The open-source AV1 codec developed by the Alliance for Open Media—a consortium including Google, Netflix, Microsoft, Amazon and others — is already the preferred decoder for cloud-based applications, and is quickly becoming the standard for video compression of all types. Read Now

  • Cost: Reactive vs. Proactive Security

    Security breaches often happen despite the availability of tools to prevent them. To combat this problem, the industry is shifting from reactive correction to proactive protection. This article will examine why so many security leaders have realized they must “lead before the breach” – not after. Read Now

  • Achieving Clear Audio

    In today’s ever-changing world of security and risk management, effective communication via an intercom and door entry communication system is a critical communication tool to keep a facility’s staff, visitors and vendors safe. Read Now

Most   Popular

New Products

  • Automatic Systems V07

    Automatic Systems V07

    Automatic Systems, an industry-leading manufacturer of pedestrian and vehicle secure entrance control access systems, is pleased to announce the release of its groundbreaking V07 software. The V07 software update is designed specifically to address cybersecurity concerns and will ensure the integrity and confidentiality of Automatic Systems applications. With the new V07 software, updates will be delivered by means of an encrypted file.

  • 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.

  • Unified VMS

    AxxonSoft introduces version 2.0 of the Axxon One VMS. The new release features integrations with various physical security systems, making Axxon One a unified VMS. Other enhancements include new AI video analytics and intelligent search functions, hardened cybersecurity, usability and performance improvements, and expanded cloud capabilities