New Zealand Security - August-September 2022

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The Evolution of Physical Security Systems By strengthening their physical security systems, organisations can better adapt to uncertainty and enhance their business operations, writes George Moawad, Country Manager ANZ at Genetec. As organisations have adapted to new working conditions and to changing priorities since the start of the pandemic, they have also started to closely review how data gathered from their physical security systems can optimise, protect, and enhance their business operations in unique ways.

Larger organisations especially are seeing value in the data gathered by their physical security systems, with more than 46 percent saying they use their security systems to improve overall business efficiency, productivity, and asset optimisation. It is not surprising then to see why physical security has evolved from the days when it was deployed as a reactionary measure to fight crime and it’s now central to business digital transformation plans, with unified security platforms helping unlock value from the data gathered across physical security systems, allowing organisations to proactively address unforeseen events and unfolding challenges. As we emerge from the pandemic, organisations are also contending with significant new undercurrents around changes to the physical dimension of work and a corresponding need to achieve operational resilience through integrated risk management. Although this is not the only challenge they are facing While managing hybrid workplaces is top of mind, the recently released 40

NZSM

Genetec’s State of Physical Security Report found organisations are also focused on addressing cybersecurity vulnerabilities, adopting cloud-based solutions and driving enterprise transformation by integrating key insights gathered from their physical security systems’ data. Genetec’s State of Physical Security Report In the early days of the pandemic, managing employee and visitor safety were the top priorities, but this year’s report found, not surprisingly, that cybersecurity has now taken over as the number one challenge to address and invest resources in, while visitor management dropped to fifth position. One of the key reasons for this shift in focus is the rapid increase in the number of employees working remotely, specifically physical operations staff. More than 25% of physical security options staff are now set up to work remotely which, whilst offering considerable advantages, also unlocks increases in cybercrime potential.

As a result, respondents have re-prioritised budgets, with 36 percent of respondents increasing their investment in cybersecurity related tools for physical security and 49 percent planning to invest in video analytics. More than half of the State of Physical Security Report respondents noted they will at least maintain or increase their investment in physical security between 10 and 50 percent. Driving cloud adoption While most physical security deployments still remain on-premises thanks to cybersecurity concerns, 35 percent of respondents in Genetec’s report noted the pandemic had either triggered or accelerated their physical security cloud strategy in the last 12 months. All signs suggest the trend toward the cloud is set to continue, with 47% of companies who have currently less than half their physical security environment deployed to the cloud, indicating they plan to further deploy their security solution to the cloud. August /September 2022


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