Security professionals to double in five years

Security professionals to double in five years

New Delhi: The number of people employed in the security business is expected to double in the next five years to a figure of 10 million. With the advent of the Private Security Agencies Regulation Act 2005, certain standardization has set in motion. Strict guidelines for licensing and training norms are in place. Most companies are getting registered. About 3,000 security firms follow better management practices, of which close to 150 are ISO-certified.

Yet, inspite of this boom in the private security space, security issues are compromised with high-security jailbreaks and increasing deterioration in law and order situation.

Earlier, only MNCs and big Indian companies were particular about security needs. Now even smaller companies are looking for trained and verified security personnel and electronic security systems.

Majority of the security services are outsourced. Need for security staff has gone up manifold with the boom in construction sector and the IT/BPO industry, private banks and financial institutions driving growth in private security industry, especially rural youth

Indian Institute of Security and Safety Management at their 17th annual convenion on ‘Banking security – challenges of outsourcing’ discussed various issues related to security and licensing.

Ashok Kutty, security director, Asia Pacific pointed out that police beats allotted to banks should be intensified and delays in issuing licenses to armed guards in banks and amongst private security guards in banks and ATMs should be taken up on priority.

It was pointed out that 90% gunmen provided by security agencies for bank security are ex-servicemen. The license of the weapon is in their name and even if the bank wishes to, it cannot buy better weapons. When it comes to security, it is a vicious cyvle and one where problems only get compounded.

Banks require better weapons in the present situation, said Aakash Sinha of I Robotrix, USA who displayed a live demonstration of a bomb disposal Robot. According to him, this robot can be controlled within a distance of 1 km.

According to management guru, Saru Rangenker, “Security specialists need to change their thinking." The common perception according to security professionals was that no one really knows the size and potential of the sector.