Some sobering comments heard at a financial conference earlier this year related to trends in cybercrime and the difficulty that smaller security companies might face competing with security companies that are better prepared to protect customers. Dealers that may be very well qualified at designing, installing and monitoring physical security systems may simply fall short when providing those same customers with cyber protection, agreed experts on a cybersecurity panel at the Barnes Buchanan Conference held in February.
You might think it doesn’t matter -— after all, how does a simple alarm system with door contacts, motion detectors and a keypad invite or involve cybercrime? Physical security and cybersecurity are more intertwined than one might think. Even if you insist that your company’s products and services still exist in an analog-only world, where subscribers’ systems are not connected to the Internet and can’t be breached, then at least consider how you should protect the information that you collect and keep on them, such as credit cards.