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Navigating 2024: Predictions in Security and Operations


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December 06, 2023

As we stand on the ridge of 2024, the landscape of security and operational strategies for high-risk businesses is poised for significant transformations. The coming year promises shifts driven by technological advancements, changing industry dynamics, and evolving security needs. Let’s delve into four key predictions that are likely to shape 2024.

Rise of Independent Contractors Presents A Quality Control Dilemma

In the quest for flexibility and cost-effectiveness, businesses are increasingly turning to independent contractors. These independent contractors are hired for various operational tasks including onboarding, sales, customer care and other out-sourced services. While this trend streamlines processes and provides short-term cost cuts, doing so risks compromising quality control and adds a security hole. Thus, an issue is born due to a lack of industry knowledge or correct training. In 2024, businesses in the security and operations sectors will have to make a crucial decision: prioritizing cost savings with independent contractors or maintaining customer satisfaction and the important aspect of security. 

High-Risk Industry Tools on the Upswing

2024 is expected to witness a surge in the adoption of high-risk industry tools designed to enhance day-to-day operations. Whether it’s cutting-edge machinery, marketplace tools, or sophisticated software solutions, industries deemed high-risk will leverage technology to mitigate potential hazards. One way high-risk operations are utilizing industry tools is through audit support and Electronic Payment Systems. 

For example, OSS works with tech and finance specialists to provide compliant payment services which allows high-risk businesses to accept contactless payments and clients to manage payments, tax, and compliance digitally. The integration of these tools will not only boost efficiency but also contribute to creating safer work environments, marking a significant shift in operational savings.

Cash-in-Transit Services Take Center Stage

The security landscape is evolving, and with it, the focus on safeguarding financial assets is becoming increasingly paramount. In 2024, we predict a notable uptick in operations exploring and implementing cash-in-transit services. As businesses recognize the importance of secure and efficient cash management, these services will play a pivotal role in minimizing risks associated with the transportation and handling of valuable assets.

Theft Prevention Through Smart Safes

With the rise of sophisticated theft tactics, operations lacking adequate protection measures face heightened risks. In the coming year, theft is expected to be on the rise, particularly in operations lacking robust security infrastructure. Smart safes, equipped with advanced technological features such as authentication and real-time monitoring, will become a crucial line of defense. Implementing these protective measures will not only deter potential thieves but also provide businesses with the peace of mind that their assets are secure.

As we step into 2024, the security and operational landscape will witness transformative changes. From the utilization of contractors to the adoption of cutting-edge tools, businesses must navigate these trends strategically to stay ahead of the curve. 

By embracing technological advancements and prioritizing security measures, operations, such as OSS, can position themselves for success in the dynamic landscape that lies ahead. To learn more about what OSS is implementing in the near future, contact us.