In today's world, modern-day enterprises have to place a strong emphasis on leveraging intelligence to drive operations. Various organizations worldwide, such as airports, retail establishments, safe cities, and government agencies, are looking to solve the same challenge: identify what risks are around the corner and mitigate them efficiently. From people, to property, to brand, the risks faced by businesses continue to shift, which also means they need security solutions to evolve and help mitigate these concerns for the safety and success of their organization. It’s no secret that COVID-19 has placed an increased load on corporate security programs with newly distributed workforces.
While security is always a top priority due to inherent risks, such as theft and workplace violence, long gone are the days of this function being a company's only concern. The emphasis on cybersecurity is on the rise, with forecasts estimating that cyberattacks will cost $6 trillion this year (this stat is from before some significant breaches occurred including the Colonial Pipeline).