Thursday, March 28, 2013

Market Analysis: 2012 Physical Security in Financial Services in the United States

"Card readers and keypads are more widely used in financial services facilities than biometric readers. However, use of biometrics is expected to grow significantly within the next five years." (WCAX.com)
Roughly one-third of the surveyed companies from the financial sector do not measure return-on-investment (ROI) on their physical security investments. Security of data, assets, clients, and employees is top priority; thus, ROI measurement is sometimes not a neccessity. In cases for which ROI is measured, it is typically done via indirect measures (e.g., general increase of safety), and generally managers do not employ quantitative indices.