Today’s COVID-19 pandemic will, unfortunately, be with us for a long while and it will forever transform the way we live, work and shop. While the government CARES Act 2020 and other programs offer some financial relief to businesses forced to shut down, billions of dollars of assets are left unattended with few security guards available to manage the situation. The impact of 6.6 million additional filings for unemployment further increases the likelihood that once the pandemic is over, the economic risk will result in a higher need for asset protection for the foreseeable future. It is critical that all businesses immediately evaluate their risk profiles and security protocols because a delayed recovery may prove to be a costly vulnerability.
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