How to Secure Your Business Like an Armored Carrier

Whether you’re a retail operator or a banking executive, the need for security is universal. Safeguarding an establishment goes beyond installing cameras or setting up firewalls. True security is about building a robust foundation that fosters trust, ensuring the safety and well-being of employees, and staying ahead of emerging threats. With a multi-layered shield of protection, Loomis exemplifies top-tier security. Here are five ways you can protect your business’s people and profits as well as an armored carrier. 

5 Security Tips You Should Know

1. Build a Foundation of Trust

Security starts with people. Building a strong foundation of trust helps prioritize the safety and well-being of your employees. Happy employees are productive employees, and feeling secure is a big part of that happiness equation. This means taking a comprehensive approach that addresses both physical security (cameras, access control) and digital security (firewalls) to create a multi-layered shield.

Take it from Randy Sheltra, the EVP of Risk Management at Loomis. With decades of experience under his belt, he believes that Loomis’ values of People, Service, and Integrity, contribute to that foundation of trust.

“Along with our Values, our People are our greatest asset and any changes or enhancements to our processes have them in mind,” said Sheltra.

2. Take the Two-Pronged Approach

A successful security strategy doesn't rely solely on high-tech solutions or physical barriers. It's about creating a robust system that addresses both physical and digital vulnerabilities. Physical security measures like cameras and access control systems deter unauthorized physical entry. In 2022, it was found that 75% of businesses listed physical security as a leading priority on a global scale. At the time of research, 60% of companies had encountered breaches in their physical security measures.

Meanwhile, digital security measures like firewalls and data encryption safeguard sensitive information from cyberattacks. According to Infosecurity Magazine, 70% of Chief Information Security Officers say their businesses are at risk of cyberattacks within the next year.

3. Anticipate, Don't React to Stay Ahead of Threats

The security landscape is constantly evolving, much like any other trend. New threats emerge all the time, so the key is to be proactive, not reactive. This means staying ahead of the curve by collaborating with industry experts and constantly evaluating potential risks. The biggest piece of advice one should heed: Don't wait for an incident to occur before acting.

By anticipating threats and having a plan in place, you can significantly reduce the chances of a security breach.

“Forward thinking, anticipating what risks are evolving, and collaboration within and without our industry with peers are all strategies that we implore for security mitigation efforts,” Sheltra said.

4. Invest in Tech Tools as Strategic Assets

Technology can be a game-changer in the security world. New tools and advancements offer enhanced protection for your assets and people. However, it's important to be strategic when implementing new technology. Don't get caught up in the latest fads and invest in every shiny new gadget. Focus on solutions that address specific needs and conduct thorough pilot programs to ensure effectiveness before making large-scale investments.

“With any technology, we first conduct pilots so that we can understand the true return on investment but also to work out the nuances with any new solution. We follow the simple mantra, ‘Is it a nice to have, or a need to have?’” Sheltra explained.

5. Utilize the Human Firewall

While technology plays a crucial role, security ultimately relies on your greatest asset—your people. Invest heavily in training your employees and fostering a strong security culture. This means implementing rigorous hiring practices to find individuals who share your commitment to security. Ongoing training programs ensure everyone is aware of security protocols and equipped to identify and report potential threats.

“Our saying in the recruitment stage is ‘Hiring the Best,’ and we remain steadfast in our discipline for recruitment requirements that assist with finding the right candidates for the jobs that our teammates do,” Sheltra said. “Again, to reinforce our Values, Integrity is paramount in our company, and we can never sacrifice lapses no matter what position you have with the company.”

Specific Security Strategies Loomis Employs

Loomis serves customers in the banking, restaurant, and retail industries (and beyond). Some of the most well-known brands partner with Loomis to not only transport their cash but protect it, too. Likewise, Loomis employs strategies to protect their own people as well. Here are some specific measures Loomis takes to ensure robust security for all:

Risk Management

Risk management at Loomis involves constantly identifying emerging risks and implementing mitigation strategies, including staying updated on changing regulations.

Technology in Vehicles

Loomis equips vehicles with advanced safety features like cameras, AI-powered mantrap systems, and lighter-duty vehicles with advanced driver-assistance systems. These features deter criminals, improve driving behavior, and exonerate employees in case of false accusations.

Body-Worn Cameras

Loomis implements body-worn cameras to capture blind spots outside the vehicle and improve service quality through two-way communication.

Security in Loomis Facilities

An example of physical security measures Loomis takes at their branches includes materials like reinforced construction and alarms to deter potential threats. Trained security personnel and strict access control further safeguard valuables and employees. Taking extra measures like employee screening ensures only trusted members gain access to Loomis facilities.

Partner with Industry Leaders

In an era where security threats can come in many different forms, adopting a proactive and comprehensive approach to security is essential.

“Historically, Loomis has been a leader with technological advancements in the risk landscape,” Sheltra said. “Fortunately, our business owners and senior management remain supportive of technologies that makes sense in protecting our teammates and the valuables that we handle.”

Ultimately, these robust security strategies allow Loomis to continue to deliver timely and high-quality service to customers. If you’re ready to partner with an armored carrier that understands your business or institution’s needs, get started here.