9 SEPTEMBER 20242. Professional Compensation: Invest in well-compensated guards who can focus solely on security duties. If you can't afford a professional guard, you probably don't need a guard. It's better to not have anybody, than an improperly prepared person. They can create a false impression of security or safety in the building that could lead to negative consequences if they don't properly respond to emergencies. b. Processes1. Access Control: Implement access policies. Limit entry points and use access cards or biometrics where it makes sense. Have clear signage. Creating a sense that the space is well controlled is a great psychological barrier to unauthorized entry or loitering. 2. Emergency Response Plans: Develop clear protocols for emergencies, including evacuation, medical incidents, and natural disasters. Make sure that these are circulated and do one training drill per year. Lack of proper preparation could lead to costly lawsuits if a disaster hits the building.c. Technology1. Surveillance Systems: Install high-quality cameras strategically. Regularly review footage and address any issues promptly. Commercial applications cost more for a reason. Don't use cameras just to show that there are cameras in the building. If you need them, make sure they are commercial grade and deploy the smart technology to give you a heads up in the event of a problem or to ensure clean and actionable footage. Many fraudulent premise liability claims can be quickly defeated through the use of clear videos. 2. Intrusion Detection: Use motion sensors, alarms, and perimeter protection. They can be programmed to work together and can be a great way to generate quick attention-getting signals for would-be trespassers.3. Cybersecurity Measures: Secure networks and regularly update software for access control and camera systems.d. Risk Tolerance and Value of Mitigation1. Risk Tolerance: Understand the organization's risk appetite. Some properties may prioritize maximum security, while others may accept moderate risks. Not all threats and risks are the same, and certainly not all security programs should be the same. 2. Cost-Benefit Analysis: Evaluate the cost of security measures against potential losses. Prioritize investments based on impact.In the ever-evolving landscape of commercial real estate, security remains paramount. By assessing risks, understanding threats, and implementing effective strategies, CRE stakeholders can create safer environments for tenants, visitors, and assets. Remember: It's not about choosing guards or technology--it's about leveraging both intelligently to protect what matters most. By assessing risks, understanding threats, and implementing effective strategies, CRE stakeholders can create safer environments for tenants, visitors, and assets
< Page 8 | Page 10 >