The Importance of Tech Companies Employing Private Security

Technology companies, ranging from medical to software to defense, are increasingly reliant on private security companies to protect their employees, sensitive assets, and intellectual property. This is due to a number of factors, including the growing sophistication of cyber threats, the increasing value of tech assets, and the disruptive impact of insider threats. To address this wide variety of threats and risks, a holistic approach is required that integrates physical security, investigations services, and cybersecurity.

Cyber Threats

The threat of cyber attacks is a major concern for tech companies. In recent years, there have been a number of high-profile attacks on tech companies, including the Sony Pictures hack in 2014 and the WannaCry ransomware attack in 2017. These attacks have caused significant damage to tech companies, both in terms of financial losses and reputational damage.

The Value of Tech Assets and Intellectual Property

Intellectual property, whether in digital or physical form, is increasingly valuable. The software and hardware systems created by these companies are often critical to the organization’s existence. Additionally, the vast amounts of user and client data that is often processed by tech companies necessitates attentive monitoring and protection. Security companies are a vital component of an organization’s governance, risk, and compliance framework

Insider Threats

Insider threats are a major security concern to an organization’s data, systems, operations, and employees. Private security services can augment a company’s internal efforts by supporting employee training, the implementation and monitoring of security controls, incident response, employee screening, on-call investigations, and third party security audits.

Conclusion

The importance of tech companies employing private security is clear. Private security companies can provide a number of benefits that can help to protect companies from a wide range of threats. As the threat landscape continues to evolve, it is likely that the demand for these services will continue to grow.
Key benefits include:

• Increased visibility and situational awareness.

• Reduced risk of employee theft and fraud.

• Improved compliance with industry regulations.

• Enhanced customer confidence.

Our goal at FireWatch Solutions is to support your organization’s strategic goals while closely aligning to your corporate values and culture.