As physical events are occurring at an unprecedented frequency and unpredictabilityâsuch as extreme weather events, workplace violence and geopolitical conflictsâneglecting physical risk management can lead to severe consequences. These include operational disruptions, product losses, damages to physical and digital assets, reputational damage, human injury or even loss of life.
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As such, itâs imperative that C-suite executives and boards prioritize investments in technology and resources to address this increase in physical risks. Corporate security leaders and teams know this, but many keep encountering the same obstacle: obtaining buy-in from their senior management.
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