You are connecting from Lake Geneva Public Library, please login or register to take advantage of your institution's Ground News Plan.
Published 13 hours ago • loading... • Updated 1 hour ago
The hidden costs of cheap security solutions
Cheaper tools can leave gaps in monitoring and patching, and 72% of security leaders say hidden costs emerge after purchase, experts said.
Security provider AMAROK reports that businesses prioritizing low up-front prices for security systems often face significant long-term expenses, turning perceived savings into major resource drains.
Financial pressure and the 'good enough' fallacy often drive businesses toward cheap options, assuming any protection is better than none; normalcy bias overlooks that low-quality systems frequently fail to prevent threats.
Per Verisk data, supply chain crime incidents resulted in nearly $725 million in losses during 2025, a 60% increase from 2024; inadequate systems exacerbate these issues through frequent false alarms and hardware malfunctions.
Unreliable security systems lead to higher insurance premiums and disputed claims when insurers find protection measures inadequate, while incidents simultaneously damage brand reputation and erode employee morale.
Professionals recommend conducting risk assessments and selecting integrated, scalable systems while adopting an 'investment mindset' that calculates total cost of ownership rather than focusing solely on sticker prices.