Where are the growth areas in the security industry?
Principal growth occurs in several key areas: • Corporations • Critical infrastructure • Overseas markets • Governmental entities (local, state, and federal) • Private Military Companies (PMCs) Corporations continue to turn to technology – and those who have expertise in that technology – to implement first-class security operations. Spending is on the rise as corporations take advantage of new advances in digital video, biometrics and other technologies. Current trends include the move to create a Chief Security Officer (CSO) position at the senior management level as well as the option of combining traditional physical security and information technology security functions. Legislation may provide another boost to the industry. Mandates are either in place or under review regarding additional security for chemical and petroleum facilities and other critical infrastructure sites. For more information, take a look at one piece of legislation, H.R. 5695, Chemical Facility Anti-Terrorism
