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ManagementPhysicalSecurity NewswireSecurity Leadership and ManagementSecurity & Business ResiliencePhysical Security

Security leaders assess geopolitical events affecting security in 2022

By Security Staff
world map

Image from Pixabay

October 25, 2022

From COVID-19 to escalating conflict in Ukraine, enterprise organizations across the world have been affected by geopolitical conflict and global crises. 

The 2022 Global Safety and Security Study from Global Guardian found that major U.S. companies believe the threats against them and their employees have intensified in recent years. The survey of 250 senior-level security and human resources professionals at the 1,000 largest U.S. companies indicates that companies and organizations face growing threats related to security, safety and travel.

Companies are facing a more multifaceted threat portfolio as domestic and international risks continue to proliferate. The conflict in eastern Europe is escalating with Russia's recent round of military mobilization, attempt to annex territory in Ukraine, and threats to use nuclear weapons. At home, thousands of Floridians are rebuilding and piecing their lives back together after Hurricane Ian ravaged communities and companies across much of the state.

Looking forward, 56% of security professionals surveyed said that they were either moderately or very concerned about the effects an escalated conflict between China and Taiwan would have on their business operations and employees.

Among those surveyed, 65% of professionals said the number of security threats, including safety and medical risks, have somewhat or significantly increased since 2019. The most significant threats identified are cybersecurity (76%) and natural disasters (59%).

While almost all professionals surveyed believe their company has sufficient crisis response plans to respond to threats, 58% of companies have expanded their security budget in the past year, primarily to address anticipated new risks. 

For more report information, click here.

KEYWORDS: china COVID-19 geopolitical risk Russia Ukraine cybersecurity

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