Private security company
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A private security company (PSC) is a
business entity In law, a legal person is any person or 'thing' (less ambiguously, any legal entity) that can do the things a human person is usually able to do in law – such as enter into contracts, sue and be sued, own property, and so on. The reason for ...
which provides armed or unarmed
security" \n\n\nsecurity.txt is a proposed standard for websites' security information that is meant to allow security researchers to easily report security vulnerabilities. The standard prescribes a text file called \"security.txt\" in the well known locat ...
services and expertise to clients in the private or public sectors.


Overview

Private security companies are defined by the
U.S. Bureau of Labor Statistics The Bureau of Labor Statistics (BLS) is a unit of the United States Department of Labor. It is the principal fact-finding agency for the U.S. government in the broad field of labor economics and statistics and serves as a principal agency of ...
as companies primarily engaged in providing guard and patrol services, such as bodyguard, guard dog, parking security and
security guard A security guard (also known as a security inspector, security officer, or protective agent) is a person employed by a government or private party to protect the employing party's assets (property, people, equipment, money, etc.) from a variety ...
services. Many of them will even provide advanced
special operations Special operations (S.O.) are military activities conducted, according to NATO, by "specially designated, organized, selected, trained, and equipped forces using unconventional techniques and modes of employment". Special operations may include ...
services if the client demands it. Examples of services provided by these companies include the prevention of unauthorized activity or entry, traffic regulation, access control, and fire and theft prevention and detection. These services can be broadly described as the protection of personnel and/or assets. Other security services such as roving patrol, bodyguard, and guard dog services are also included, but are a very small portion of the industry. During the COVID-19 pandemic, some security companies engaged in vaccine supply chain services as well. The private security industry is rapidly growing – currently there are 2 million full-time security workers in the United States and this number is expected to increase by 21% percent through 2020, making the security industry a $100 billion a year industry, with projected growth to $200 billion by 2010. The United States is the world's largest consumer of private military and security services, and the private security industry in the U.S. began seeing a huge increase in demand in 2010. Since then, the U.S. security industry has already grown to be a $350 billion market.


General terms

Employees of private security companies are generally referred to either as "
security guard A security guard (also known as a security inspector, security officer, or protective agent) is a person employed by a government or private party to protect the employing party's assets (property, people, equipment, money, etc.) from a variety ...
s" or "security officers", depending on the laws of the state or country they operate in. Security companies themselves are sometimes referred to as "security contractors", but this is not common due to confusion with private military contractors, who operate under a different auspice.


See also

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Bodyguard A bodyguard (or close protection officer/operative) is a type of security guard, government law enforcement officer, or servicemember who protects a person or a group of people — usually witnesses, high-ranking public officials or officers, ...
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Computer security Computer security, cybersecurity (cyber security), or information technology security (IT security) is the protection of computer systems and networks from attack by malicious actors that may result in unauthorized information disclosure, t ...
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Private military company A private military company (PMC) or private military and security company (PMSC) is a private company providing armed combat or security services for financial gain. PMCs refer to their personnel as "security contractors" or "private military ...
, a provider of specialised services and expertise related to military and similar activities. Private military companies sometimes refer to themselves as security companies due to negative associations with the term private military company as a result of Blackwater's actions in
Iraq Iraq,; ku, عێراق, translit=Êraq officially the Republic of Iraq, '; ku, کۆماری عێراق, translit=Komarî Êraq is a country in Western Asia. It is bordered by Turkey to Iraq–Turkey border, the north, Iran to Iran–Iraq ...
. *
List of private security companies This is a list of notable private security companies. Africa Nigeria * Halogen Group Nigeria South Africa * Bidvest Protea Coin Oceania Australia * Paladin Group (private military contractor) * Wilson Security Asia India * IVi ...
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Security guard A security guard (also known as a security inspector, security officer, or protective agent) is a person employed by a government or private party to protect the employing party's assets (property, people, equipment, money, etc.) from a variety ...
*
Physical security Physical security describes security measures that are designed to deny unauthorized access to facilities, equipment and resources and to protect personnel and property from damage or harm (such as espionage, theft, or terrorist attacks). Phy ...
* Private police *
Private security industry in South Africa The private security industry in South Africa is an industry providing guarding, monitoring, armed reaction, escorting, investigating and other security-related services to private individuals and companies in the country. Over the years there h ...


References


External links


Private Security Companies’ Firearms Stockpiles
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Small Arms Survey The Small Arms Survey (SAS) is an independent research project located at the Graduate Institute of International and Development Studies in Geneva, Switzerland. It provides information on all aspects of small arms and armed violence, as a res ...
Research Note on firearms ownership by private security companies https://www.ncjrs.gov/pdffiles1/bjs/grants/232781.pdf {{Bare URL PDF, date=March 2022 Law enforcement Privatization