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Security 'essential' for commercial properties
Business properties can be targets for criminals and cutting spending on security is a "false economy", an expert has said.
Neil Munroe, external affairs director for Equifax, stated economic pressures could mean businesses are tempted to reduce the money they put towards keeping commercial properties safe and secure.
In reality, the current climate could see a higher threat of financial crime, he continued.
"People get increasingly desperate and you find therefore that there is a lot more temptation for these things to happen inside businesses," Mr Munroe noted.
His warning follows results of a survey from ABM, which found around half of businesses have seen a rise in theft and fraud in the last two years.
But three-in-ten firms have cut their security budgets, it discovered.
Mr Munroe added there have been improvements in security technology over recent years, but people are still needed to interpret the information so companies may be wise to "realign" their resources.
Posted by James Collins
Neil Munroe, external affairs director for Equifax, stated economic pressures could mean businesses are tempted to reduce the money they put towards keeping commercial properties safe and secure.
In reality, the current climate could see a higher threat of financial crime, he continued.
"People get increasingly desperate and you find therefore that there is a lot more temptation for these things to happen inside businesses," Mr Munroe noted.
His warning follows results of a survey from ABM, which found around half of businesses have seen a rise in theft and fraud in the last two years.
But three-in-ten firms have cut their security budgets, it discovered.
Mr Munroe added there have been improvements in security technology over recent years, but people are still needed to interpret the information so companies may be wise to "realign" their resources.
Posted by James Collins
Tue, 29th Jun 2010