Limiting Business Liabilities Through a New Era of Protective Intelligence

This article was originally featured on Security Magazine.

It sounds simple: a company must be a safe place to work, and people will want to work for companies that make them feel safe. Companies have a duty of care and responsibility to keep employees safe, even as many work remotely. But as enterprises undergo digital transformation, physical security has at times been left behind (with legacy and outdated technology systems) despite a rise in threatening events and its increasing importance for corporations. Embracing digital protective intelligence and making safety a priority is not just a way to support wise corporate values, but given the potential loss of life and the cultural, bottom line and brand reputation damage that could occur, must be a mandate for modern business operations.

Large organizations spent an average of $17.92 million per incident over the past year to resolve incidents of insider-related threats, according to Ponemon research. For perspective, a single cyber data breach averages $3.86 million. No responsible corporate steward is ignoring their company’s cybersecurity needs or investment. But the Security Operations Centers (SOC) of 2020 and the next decade need to go beyond cyber and deliver holistic protective intelligence at scale with speed, efficiency and insights.

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