Organizations can obtain a measurable return on investment through cost savings on security personnel deployment, effective implementation of physical security measures, and reduced liability exposure. Using data driven security, an organization can add to the bottom line in three ways:
– Effective Selection and Deployment of Security Measures – Security measures are costly. Proper data driven security can define the exact nature of the problem at each or the organization’s properties which allows security professionals to select the appropriate security measures (personnel, lighting, alarms, cameras, etc.) to prevent future crimes. Data driven security also defines where the problems exist, inside or outside the facility and when the crimes are occurring. The latter is critical to the effective deployment of security personnel. When threats are high, security personnel may be deployed to deter crimes. Effective selection and deployment of security measures leads to a quantifiable return on investment.
– Reduced Liability Exposure through Demonstration of Due Diligence – Data driven security helps security professionals demonstrate due diligence, and thus reduce liability exposure in the event of civil litigation for inadequate security. Return on investment can be calculated based on two factors as it relates to liability exposure. The first factor is to reduce the cost of settlements, while the second factor is based on using data driven security to demonstrate a lack of foreseeability and thus persuade the judge to grant a motion for summary judgment. Both factors can be used to obtain a sizeable return on investment.
– Constant Monitoring of Threat Levels to Ensure Security Program Efficiency – Re-deploying (withdrawing) security resources based on reduced threat levels ensures that the security program is operating in an efficient manner. Data driven security provides the necessary information to constantly monitor threat levels so security spending can be reduced as the threat level drops. Constant threat monitoring can also provide a sizable return on investment.