Experts offer tips for physical security budgeting in 2023
Source: Prasanth Aby Thomas, Consultant Editor
Budgeting for physical security is not easy for three main reasons. First, most people outside a company’s security department don’t really understand what it takes to protect their sites and assets around the clock.
Second, security is an expense for most companies, not contributing to their bottom lines. And finally, the bleak outlook of the global economy has prompted companies to cut costs, making any increase in budget difficult.
Of course, these reasons don’t factor in the challenges within the budgeting process itself. Technological advancements, labor concerns, and persistent inflation make it difficult for security professionals to come up with the right combination of solutions that would ensure maximum protection. We asked some of the top industry experts for their opinions on this issue. Continue Reading on asmag.com.