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How Compliance in Physical Security and Risk Assessments Saves Businesses Money
The Rising Demand for Security Compliance in Business
Companies in regulated sectors such as healthcare security, manufacturing security, finance, and energy face mounting pressure to strengthen their physical security posture. Third-party risk assessments by security consultants or insurers are becoming commonplace. Insurance carriers now often require an independent security audit or certification before providing or renewing coverage, especially if a business has high-value assets or operates in a high-risk domain. Failing to meet these requirements can mean higher premiums or even denial of coverage. Likewise, regulators and industry standards are enforcing stricter security compliance. For example, hospitals must adhere to security protocols to maintain accreditation, and manufacturers handling sensitive materials may need to comply with government security mandates.