6 Tech Trends To Enhance Business Asset Security

Last updated on January 11th, 2022 at 01:33 am

Security is crucial in any enterprise as no business owner wants to suffer the loss of assets and data. There have been numerous security issues that have affected businesses, such as cybersecurity attacks and even physical threats. The good news is that technology can be used to enhance the security of both physical assets and a business’ digital infrastructure.

There are emerging trends in technology that have helped businesses maintain the security of their assets. The adoption of these tech trends is gaining ground as companies seek to move away from the traditional security system that has been ineffective for some areas of business. The trends may not be fully embraced as of now since some of them tend to be expensive and complex, but they nonetheless pave the way for better and more efficient asset security and management.

Tech Trends For Asset Security

Business assets range from simple files and documents to large assets such as buildings and fleets. Each of these require a different security system that’ll secure them against various threats. Here are some of the major tech trends that businesses can use to enhance the security of their assets:

Smart Lockers

Handling luggage and other belongings when traveling has always been a problem because you risk losing them. Also, e-commerce platforms and online shops in general often deal with problems when it comes to dropping off parcels or orders for customers. Such packages can be stolen when they’re left unattended even for a short time. Fortunately, that issue can be solved using an electronic locker system that provides secure and fully integrated storage for businesses and individuals to use.

Those who store items in a smart locker or customers who’ll pick up parcels from specific lockers are assigned a PIN or a QR code to scan and gain access to the locker. This increases the security of assets for businesses as it enables only the person with the authorized PIN to get a hold of particular items.

Biometrics Controls

Another trend to enhance asset security is controlling who can access buildings and other areas where assets are stored. The use of biometrics has helped identify people through fingerprints and other forms of smart identification such as body movement and behavioral characteristics.

These biometrics controls offer different levels of security you can take advantage of. Additionally, you’re able to combine features such as iris recognition and fingerprints to boost security. By monitoring the access to your business premises or particular rooms, you can ensure that all of your assets there are handled only by authorized personnel. Also, you can track who went to which room at certain times, making it easy to track any lost asset.

Fleet And Asset Tracking

Businesses now opt to track all their assets whenever they’re in transit. This helps reduce cases of theft or similar disasters. Therefore, equipment such as GPS tracking devices and dash cams is installed in trucks so that fleet managers can see the real-time position and activities of these vehicles and the goods they contain.

Tracking these assets allows managers to communicate with drivers about any issue and recommend possible solutions. This is far better than managing assets blindly and not knowing where they are or what’s happening to them as this could increase the chances of losing them. Therefore, any business that seeks to transport assets or store them in a warehouse would greatly benefit from asset tracking.

Big Data Analytics

Big data is essential not only in designing and developing cybersecurity systems but also in physical security. Collecting large chunks of data and analyzing them will enable you to develop better asset protection strategies.

You can start by identifying the weak points in the security system and the areas that pose the biggest threat to assets. Then, with that information, you can design models that’ll help identify and correct the issues you’ve found. Moreover, with big data, more accurate predictions can be made on potential threats that may face assets in the future, and these will help you figure out all the necessary steps that can be taken to prevent such problems.

Hybrid Cloud Security Systems

When assessing the security of your assets, you may be quick to look at the on-premise security system and how advanced it is to handle any form of threat. However, the one problem facing an on-premise security system is that it may not be efficient against internal threats. It can be easily compromised if it’s not layered well to prevent such matters.

Therefore, there has been the adoption of hybrid cloud systems for physical and asset security just as the cloud is used in cybersecurity. Using cloud technology means your business is agile enough to migrate to a different and more viable type of technology. It also allows businesses to implement other security features without interfering with the existing on-premise security system. This combination will significantly improve asset security.

Great Focus On Cybersecurity

Asset security and cybersecurity can’t be discussed separately in businesses. This is because most of your business assets may need clearance and approval before being shipped out of the warehouse. The approval and clearance will likely happen digitally through your information technology system. So if attackers gain control of your network, they can clear and approve any of your security assets for shipment or even change the destination of where they’re to be shipped. An attack on your network risks both your physical and digital assets.

It’s therefore vital that you put great focus on your cybersecurity. There are several strategies you can try to boost your IT security and, ultimately, your asset security.

Even after setting up A-level physical security, it may mean nothing if you don’t work on your cybersecurity efforts. Hence, it’s a must to prioritize those as well in order to keep your assets safe and intact.

Conclusion

Every business asset will face a security threat at some point between production and sale. Therefore, companies should take measures for the sake of enhancing the security of their assets.

The good news is that the rise of technology has made asset security a more achievable concept by providing businesses with more detailed and efficient systems. Trends such as cybersecurity, biometrics, big data analytics, and hybrid cloud security have proven to be beneficial to businesses that have embraced their usage. These trends are only the beginning of better and far more efficient asset security systems that will be developed in the future.