Spending on Security

The need to protect assets and operations from the growing wave of violence and crime is pushing up the costs of security companies.

Monday, June 8, 2009

Costa Rica suffered losses of more than 13 million in the commercial sector due to criminal acts, and it spent $110 million during the same year on private security.

Among the options that companies are considering to diminish or improve the efficiency of expenditures on security, the implementation of technology through surveillance cameras and electronic detection is highlighted.

With sources in security companies, the article in Elfinancierocr.com, suggested the following measures to reduce and optimize spending on security:
"1 - Negotiate: Talk to the security provider. A new arrangement could avoid cancellation of the contract.
2 - Option: Consider electronic devices such as cameras, access controls and motion sensors.
3 - Analyze: Conduct security studies, it could be that you have a service in places where you don’t need it."

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