August 7th, 2020 
Response 1
Emerging Trends and Future Challenges In The Field Of Private Security
Global private security market is poised to grow by $58.7B during 2019 2023 according by Technavio (Bloomberg News). The market is driven by concerns about terrorism and crime. Also, rapid urbanization is anticipated to further boost the growth of the market during the forecast period. Concerns about terrorism and crime are leading to an increase in the adoption of private security services by businesses and residential complexes. Having security guards on premises is crucial for corporations as it would be one of the top deterrents of preventing a crime taking place. While corporations and residential complexes may implement other important security measures such as lightning, fences, alarms, and security cameras, it is crucial to have on site security guards or centralized command center. Having proper security guards in place, lowers the risk of a crime and return creates growth in real estate market value due to lower crime rate. When these factors are evaluated, private security becomes crucial business solution that corporations and urban areas must consider. Security cameras have evolved, and it would be highly unlikely to come across a commercial building where security cameras would not be implemented. Security cameras require continues monitoring whether it is done by on site security or central command center. There are of course challenges with private security which include proper background checks, proper training, and management. If a security guard is not properly trained, may cause negligence to the company that employs security guard and the business may face personal injury liability. A bouncer can be found liable for assault. However, as previously mentioned in this article, the bouncer may not be financially able to compensate the injured person. In those cases, the injured person may sue the nightclub for negligent security (website). Another challenge of course is the cost that comes with a security guard or guards. Depending on the business and what the company tries to protect, evaluation will be performed based on the cost/benefit analysis whether the value of hiring a full-time security guard exceeds the value of stolen property/reputation or not.
References
Website
https://www.bloomberg.com/press-releases/2019-09-27/emerging-trends-drivers-and-challenges-in-the-private-security-services-market-2019-2023-technavio
Website
https://www.alllaw.com/articles/nolo/personal-injury/liability-assault-bar-nightclub-bouncer.html
Response 2
As technology advances so will the methods and tools used for security. This is a common trend that has been happening over the past few years from the use of different types of biometrics and now even robotic tools. This will lead to its own group of problems which we have only seen a taste of. The idea that robots can soon replace humans in certain jobs cause be an uncertain thought. There are many pros and cons to this and only time will tell if its the right course to take. The use of biometrics arises many of issues people would have if the technology would advance further into that realm. Identity, privacy, control, jobs and funding are things to be considered challenges if security would face. Privacy and identity are always something that comes into question, how much does a person have to give up in order to keep safe. Control and power would come to those who run these softwares or tools. People could be replaced by technology and robots just like history has shown already. The biggest benefit of having robots replace some security personnel is that a robot can be replaced, a human life cannot. Robots are repairable, but humans suffer from injuries. The losses from the death of an employee are far greater than from a destroyed robot (Fennelly, 2016) But does this advantage outweigh the humans. The fact is that robots will outperform humans and will become the ideal candidate but when situations go wrong will people be ready to handle the consequences.
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