SECURITY TECHNOLOGY GUIDE: INDUSTRY TRENDS FOR 2024

Physical security has always been top of mind for those overseeing office operations and other commercial buildings. From preventing crime to ensuring a better overall experience, new security technologies make it easier than ever to protect both residential and commercial properties effectively. 

However, it has never been more important to ensure your security systems are cybersecure, as cybercrime continues to be a global issue and a driving force in the security, cybersecurity, and information security trends of 2024. 

In fact, a staggering 49% of breaches by external actors involve the use of stolen credentials and 24% of all breaches involve ransomware – the process of maliciously encrypting data and demanding a ransom to reinstate access. According to the Cybersecurity & Infrastructure Security Agency, cyberattacks cost commercial businesses in the U.S. $394,000 to $19.9 million per incident.