Provident Security in USA Today re: Rising Costs of CEO Security


Provident was quoted in an article in USA Today about the increase in spending on home security for CEO’s.

Here’s an excerpt from the end of the article where we are mentioned…

The price we pay for security

Licensed security guards can be had for $20 an hour, and a typical home electronic security system sold by ADT costs $7,000 to $15,000. But McKinney says ADT installed a $300,000 system for the CEO of an unidentified NFL football team a few years ago, and Provident Security of Vancouver, Canada, recently completed two residential camera systems in the $250,000 range, says company President Michael Jagger.

Kirkpatrick says it’s not difficult to envision a $1 million personal-security price tag for a CEO who has a yacht and more than one home that need to be watched around the clock, and who wants a trained bodyguard, known in the industry as a “close protection specialist.” Most CEOs can walk down any street without being recognized, but some like their close protection specialists nearby and obvious, like the ones who guard movie stars.

For about $700,000, ADT says, it will install a perimeter command center inside a custom home. From there it can monitor long-range infrared cameras, fence detectors, motion sensors and provide visitor access. It would also detect fire, carbon monoxide and flood.

“Security is one of those things where you can always spend more,” says Jagger, who says a big-ticket item is the motion camera system that can detect someone lingering outside a fence for more than a few seconds.

my own addendum…

While it’s true that you can always spend more, it’s about determining what is the appropriate level of security and how best to achieve that. What’s appropriate in one case may be complete overkill in another. At Provident, we’ve been fortunate to have opportunities to work for clients at both ends of the spectrum… families who need just that basics to protect them from the typical residential burglary, up to individuals and families with specific security threats/risks who require 24/7 protection wherever they go… and everything in between.

You can read the full article on USA Today’s site by clicking here.

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