News
Gallagher Security releases security industry trends report

Image: Gallagher

Gallagher recently released its inaugural Security Industry Trends Report, predicting “an increasing speed of transition away from basic defences to innovative solutions” in 2024.

“The security industry has been moving toward a digital change for years, and from what we’ve learned from end users, channel partners and consultants across the globe, that change is about to take off. 2024 will be a year of escalating transition,” said Gallagher chief executive Mark Junge in a company statement.

“The main points of friction are the lingering aftershocks from the pandemic, such as increases in theft, skills shortages, and supply chain disruptions. As education around innovative security solutions becomes more widespread, people are increasingly seeing how investing in these technologies can help alleviate pain points, and it’s changing how they see the potential of their security solutions to protect and to significantly contribute to wider business objectives,” Junge added.

According to the company, key takeaways from the report include:

• How cybersecurity is affecting budgets and spend going into 2024
• The key integrations end users are prioritizing
• How businesses are dealing with staffing and skills shortages
• Why end users and channel partners are at odds with cloud deployment
• The ways in which data reporting is changing how businesses use security systems