The aim of securing premises, in principle, is based on being able to prevent losses, while not hindering day-to-day business. This is to be achieved within a budget that should be as low as possible. Bearing that in mind, security, whether physical measures or manpower, is not cheap, so the answer is to ensure that it is kept proportionate to the related risk.
A risk assessment should be undertaken as this will help quantify what is required to help the business operate in a normal manner. Read more about security risk assessments here.
While good security may not visibly contribute to the profitability of a business, the losses and disruption of inadequate security will have cost implications if it disrupts or stops the business operations. Security risk assessments should focus on all threats to the business. A common risk for any business is theft and criminal damage, including arson. However, depending on the nature of the business, there can be other threats, including business espionage, sabotage, activists
There are, however, some common risks that every company faces in terms of security.
Site Security Risk Factors
Business Location – High Risk, Medium Risk or Low Risk?
A major feature that determines the level of vulnerability of your job site is location. If your business is located in an area that faces daily crime, you are at a greater risk of criminals trying to steal from you, vandalize your property, or otherwise harm you. Even if your site is located in an area that doesn’t experience a great deal of crime (medium or low risk areas), you still have to be concerned if other variables are in play. For instance, many businesses are in areas that become quite deserted overnight and on weekends. If criminals feel that there is a minimal chance of them being noticed by police or security company patrols, they are far more likely to attempt targeting your site.
Prior Security Breaches or Incidents of Invasion or Break-In
An important aspect of risk factors for your business sites relates to your past experience with security. As unfortunate as it is, if you’ve been targeted by criminals before, it’s highly likely that you’ll be targeted again. Criminals want the job to be as easy as possible and they generally won’t go out of their way to target highly secured sites.
However, if your site has sub-par security, property criminals will take advantage of the situation and likely target or hit your property repeatedly until you bolster your security. If you’ve been targeted, you need to fix the problem now before it gets worse and you lose more money, or worse, lives.
Industry-related Risk Factors
The type of industry you’re in and what types of equipment, machinery and goods you have on your premises is also a determining factor in how high a risk your premises are. Criminals tend to be interested in the biggest payoff for the least amount of effort; it then makes sense that if your business is part of an industry that involves heavy, expensive equipment, or hols high-value goods in easy-to-reach places – you’ll typically face a higher threat of theft (or at least costly theft).
These are very good reasons to consider implementing some “beefed-up” security measures. If you’re in the warehousing, trucking transportation, or distribution industry, criminals are aware that you have expensive products being trafficked regularly in and out of your premises. This is an incentive to try to gain access to your site and steal your products.