Most business owners understand the importance of security, but many don’t realize the true cost of not having an adequate security system in place. The financial losses from theft, liability claims, operational inefficiencies, and security breaches can be staggering. The worst part? Many businesses don’t realize how much money they’re losing until it’s too late.
At Turner Security Powered by TechCore, we help businesses identify security vulnerabilities that lead to hidden costs and provide comprehensive solutions to protect against unnecessary losses. In this post, we’ll break down how poor security quietly drains profits and how to prevent it.
1. Employee Theft: The Unseen Drain on Profits
One of the most overlooked security risks is employee theft. Businesses often focus on protecting their assets from external threats but ignore the risks from within.
The Reality of Employee Theft:
- According to the National Federation of Independent Business (NFIB), 30% of business failures are due to employee theft.
- The average dishonest employee steals over $1,500 before getting caught—much higher than the average external shoplifter.
- Small businesses are twice as likely to suffer employee theft because they often lack formal security policies.
How to Stop It:
✅ Install video surveillance in high-risk areas such as cash registers, stockrooms, and loading docks.
✅ Implement access control systems to restrict access to sensitive locations.
✅ Use AI-driven monitoring to detect unusual employee behavior, such as accessing the premises after hours.
2. Liability Lawsuits: The Cost of Security Negligence
Did you know that poor security can make your business liable for damages? If a crime, accident, or safety violation occurs on your property, you could face expensive lawsuits.
Examples of Business Liability Risks:
- Slip-and-Fall Claims: If an injury occurs and there is no video evidence, businesses may be forced to pay fraudulent claims.
- Workplace Assaults & Harassment: Businesses can be held responsible if they don’t have proper security measures to protect employees and customers.
- Data Breaches & Access Control Failures: If sensitive business or customer information is stolen due to weak security, lawsuits and compliance penalties can follow.
How to Stop It:
✅ Live video monitoring provides real-time footage that can serve as evidence in legal disputes.
✅ Access control systems limit who can enter certain areas, reducing liability risks.
✅ AI security analytics can detect unusual behavior and prevent incidents before they happen.
3. Unauthorized Access: How Security Gaps Lead to Losses
Leaving doors unlocked, failing to manage visitor access, or allowing unauthorized personnel into restricted areas can result in inventory shrinkage, data theft, and safety risks.
Hidden Costs of Poor Access Control:
- Inventory shrinkage due to unauthorized personnel entering storage areas.
- Loss of sensitive information when unauthorized employees access financial or HR records.
- Theft of business equipment from unmonitored offices or storage rooms.
How to Stop It:
✅ Brivo Bluetooth Access Control ensures only authorized personnel can enter secure areas.
✅ License Plate Recognition (LPR) cameras track unauthorized vehicles in parking lots.
✅ AI-enabled visitor management systems help businesses monitor and control access points.
4. False Alarms: Wasting Money on Unnecessary Emergency Responses
Many businesses spend thousands on police response fees, wasted employee time, and operational disruptions caused by false alarms.
Why Do False Alarms Happen?
- Outdated security systems detect normal business activity as threats.
- Human error leads to unnecessary alarm triggers.
- Poorly placed motion detectors pick up irrelevant movements, like HVAC system changes or animals.
How to Stop It:
✅ Use AI-driven monitoring to distinguish between real threats and false alarms.
✅ Install smart video verification, which confirms a security breach before emergency responders are dispatched.
✅ Invest in remote monitoring services to manage alarms efficiently and reduce unnecessary responses.
5. Downtime from Security Breaches: When Poor Security Stops Business Operations
A security breach doesn’t just cause financial loss—it disrupts business operations. Whether it’s a break-in, vandalism, or internal theft, downtime can be just as costly as stolen assets.
How Security Breaches Cause Business Disruptions:
- Forced shutdowns due to stolen equipment or data breaches.
- Damaged reputation after a major security incident.
- Lost productivity from employees dealing with aftermath investigations.
How to Stop It:
✅ Cloud-based security systems ensure that even in an emergency, businesses can continue monitoring and managing security remotely.
✅ AI-powered analytics help predict threats before they escalate, reducing the likelihood of a major security incident.
✅ Live remote monitoring ensures that a team is always watching so action can be taken immediately.
The True Cost of Poor Security vs. Investing in the Right Solutions
| Security Weakness | Potential Losses | Prevention Solution |
|---|---|---|
| Employee Theft | $1,500+ per employee on average | AI-driven monitoring & access control |
| Liability Lawsuits | $50,000+ per claim | Live monitoring & security cameras |
| Unauthorized Access | Lost inventory, stolen assets | Access control & visitor management |
| False Alarms | $500+ per police response | Smart video verification & AI analytics |
| Business Downtime | $10,000+ per incident | Cloud-based security & live monitoring |
Bottom Line? A single security breach, theft, or false alarm can cost thousands—but investing in smart security solutions protects your bottom line.
Turner Security Powered by TechCore: Your Partner in Preventing Security Losses
At Turner Security Powered by TechCore, we specialize in advanced security solutions designed to eliminate the hidden costs that hurt businesses. Our services include:
✔ Live Video Monitoring to prevent security threats in real-time
✔ Brivo Bluetooth Access Control for secure entry management
✔ AI-Powered Video Surveillance to detect and respond to suspicious activity
✔ Cloud-Based Security Solutions for seamless, remote access and management
We customize security solutions for businesses of all sizes, ensuring you get the best protection without overspending on unnecessary systems.
Stop Losing Money to Poor Security – Contact Us Today!
Every business faces security risks—but not every business has to suffer financial losses. Protect your assets, employees, and operations with Turner Security Powered by TechCore.
📞 Call us at 615-223-9600 to schedule a consultation and discover how we can eliminate hidden security costs from your business.
