Veteran Owned Small Business (VOSB) is a company diversity registration designated under the Veteran Benefits, Health Care, and Information Technology Act of 2006 (Public Law 109-461). Registration ensures that companies qualify for preferential procurement for federal contracts if they are owned and controlled by Veterans.
This certification is non-industry specific and requires that the firm meets the small business requirements established by the Small Business Administration (SBA). Additionally, it requires that the company is at least 51% owned, operated and controlled by a veteran.
Technological advances for physical security systems have fostered two primary paths for businesses: maintaining on-premises solutions or transitioning to the cloud. As with any substantial decision, each path carries its unique benefits and considerations. Today, let's look into the details of both options to enable informed decisions for your enterprise security program.
The Traditional Route: On-Premises Security Systems
On-premises security systems have been the mainstay for businesses for decades, offering a high level of control and customization. With hardware and data stored onsite, companies have direct access to their security systems, allowing hands-on management and immediate response to any issues.
However, this setup also brings substantial responsibilities. Businesses must handle all aspects of system upkeep in coordination with their service providers, from regular maintenance and system upgrades to cybersecurity measures. Furthermore, the initial capital expenditure for equipment and installation can be significant, and companies must allocate budget for ongoing costs, like energy consumption, storage, and personnel for system management.
The New Frontier: Cloud-Based Security Systems
In contrast, cloud-based security systems provide a new way to approach physical security. These systems offer scalability, flexibility, and cost-effectiveness. With the cloud, businesses can adjust their security needs on the fly, adding or reducing coverage as required. Additionally, cloud providers take over the responsibility for system maintenance, upgrades, and cybersecurity.
Perhaps the most compelling advantage of cloud-based systems is the conversion of capital expenditure (CapEx) to operational expenditure (OpEx). Instead of incurring heavy upfront costs, businesses can pay a regular subscription fee, making budget planning more predictable.
Despite these advantages, data privacy and internet dependency are potential concerns. While reputable cloud service providers adhere to stringent data security standards, the transfer of sensitive data across the internet can increase vulnerability if not managed correctly. Furthermore, a stable and substantial internet connection is critical for cloud-based systems to operate optimally, especially video surveillance which is known for using significant bandwidth for both recording video and watching it on operator workstations.
The Hybrid Approach
For many businesses, a hybrid approach may offer the best of both worlds, allowing for a gradual transition to the cloud while maintaining some on-premises elements. This strategy can maximize existing investments and provide a controlled environment to test and refine cloud-based solutions before a complete switch.
What next?
The decision to stay on-premises or migrate to the cloud for physical security systems ultimately depends on your business’s specific needs and circumstances. Factors such as budget, existing infrastructure, technological comfort levels, and risk tolerance will all play into the decision.
As we move forward, the trend towards digitization and the cloud continues to grow, providing businesses with more options to ensure their physical security. Whether you choose to stick with traditional on-premises systems, migrate entirely to the cloud, or opt for a hybrid approach, the most important thing is to remain informed and choose the path that aligns best with your business goals and operational requirements.
The Theseus Professional Services team is positioned to provide 3rd party expert physical security consultation and engineering services as well as facility risk and vulnerability assessments. This separates sales pitches from evaluation of solutions and enables end users to make informed, unbiased decisions about their security program.
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We understand the challenges that security professionals face in securing their facilities and creating a safe environment within their budget. We also recognize the difficulty in finding the right resources and expert advice to achieve this mission.
That's why we're excited to announce the release of our considerations guide, designed specifically to help security professionals conduct their own in-house security risk assessment.
This comprehensive guide aims to assist you in identifying any missing or inadequate physical security measures that may compromise the safety and security of your assets, people, property, and critical business functions. While we highly recommend consulting with a third-party expert like Theseus Professional Services in certain cases, this guide will empower you to take a proactive approach to assess and address security risks within your organization.
The findings of a security risk assessment play a vital role in measuring and communicating the level of risk to your organization. By following the guidelines outlined in this guide, you can enhance the overall security of your facility while staying within your budget.
We believe that knowledge is power, and we're committed to providing you with valuable resources to help you achieve your security goals. Download our considerations guide today and take control of your facility's security.
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