Data from The Security Benchmark Report survey is broken down by sector in an effort to provide security programs with a meaningful comparison among programs in similar market sectors.
For The Security Benchmark Sector Reports, you’ll see data regarding security’s roles, responsibilities and budgets broken down by sector. In certain cases, sectors were combined to create a larger dataset. If a sector didn’t lend itself to combining and the dataset was too small, then that sector was excluded from having its own sector report page, but is included in the main report for all other calculations and comparisons.
AGRICULTURE, FOOD & BEVERAGE
This sector includes those organizations reporting agriculture, farming, food production & processing, or food & beverage services as their primary market sector of business.
The Security Benchmark Report respondents in the Agriculture, Food & Beverage sector reported an average of $98,000 in security-related spending last year. Information that appeared to be inaccurately reported was excluded from the calculation. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents in the Agriculture, Food & Beverage market sector were asked whether their 2023 security budgets Increased, Decreased or Stayed the same over 2022. All respondents in the sector reported an increase in security budget in 2023 when compared to 2022. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report participants within the Agriculture, Food & Beverage sectors were given a list of 36 roles and responsibilities that may fall under the security function at an organization and were asked for the level of responsibility the team has over that role within their enterprise. The above are the most common job responsibilities (in alphabetical order) that the security function within this sector reported as Owning / Leading. For this survey, Owning / Leading the responsibility means security both manages and funds the program. SOURCE: The Security Benchmark Report, November 2023
We asked The Security Benchmark Report respondents which function their security organization reports to or resides within. Within the Agriculture, Food & Beverage market sector, the highest percentage of security teams reported to the Chief Risk or Legal Officer / Risk / Legal / General Counsel. SOURCE: The Security Benchmark Report, November 2023
In the Agriculture, Food & Beverage sector, 50% of Security Benchmark Report respondents reported a Decentralized structure of their security organization. Other in this data represents a security program structure comprised of both Centralized and Decentralized components. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents were asked to report which geographic areas their security organization provides risk and security services. Respondents were able to choose as many geographic areas as applicable. SOURCE: The Security Benchmark Report, November 2023
SOURCE: The Security Benchmark Report, November 2023
Within the Agriculture, Food & Beverage sectors, 75% of The Security Benchmark Report respondents reported having a security operations center (SOC) or global security operations center (GSOC) within their enterprise. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents were asked how many contract and proprietary full-time equivalent (FTE) security officers and security guards they have within their enterprise. The average among all respondents in the Agriculture, Food & Beverage market sectors is reported here. Outliers or information that appeared to be inaccurately reported were excluded from the calculation. SOURCE: The Security Benchmark Report, November 2023
BANKING & INSURANCE
This sector includes those organizations reporting banking, financial services, insurance or reinsurance as their primary market sector of business.
Among The Security Benchmark Report respondents choosing Banking & Insurance as their primary market sector, 0.75% was the average security budget as a percent of revenue. To calculate the security budget as a percentage of revenue across security programs in this sector, the security budget was divided by the total revenue, based on self-reported information. Information that appeared to be inaccurately reported was excluded from the calculation. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents in the Banking & Insurance sectors reported an average of $100,000 in security-related spending last year. Outliers or information that appeared to be inaccurately reported were excluded from the calculation. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents in the Banking & Insurance market sectors were asked whether their 2023 security budgets Increased, Decreased or Stayed the same over 2022. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report participants within the Banking & Insurance sectors were given a list of 36 roles and responsibilities that may fall under the security function at an organization, and were asked for the level of responsibility the team has over that role within their enterprise. The above are the most common job responsibilities that the security function within this sector reported as Owning / Leading. For the purposes of this survey, Owning / Leading the responsibility means security both manages and funds the program. SOURCE: The Security Benchmark Report, November 2023
We asked The Security Benchmark Report respondents which function their security organization reports to or resides within. Within the Banking & Insurance market sectors, the highest percentage of security teams reported to CRO / Risk / Legal / General Counsel and Human Resources. SOURCE: The Security Benchmark Report, November 2023
In the Banking & Insurance sectors, 75% of The Security Benchmark Report respondents reported a Centralized structure of their security organization. One-quarter (25%) reported a Regional structure of their security program. SOURCE: The Security Benchmark Report, November 2023
Within the Banking & Insurance sectors, 88% of The Security Benchmark Report respondents reported having a security operations center (SOC) or global security operations center (GSOC) within their enterprise. SOURCE: The Security Benchmark Report, November 2023
SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents were asked to report which geographic areas their security organization provides risk and security services. Respondents were able to choose as many geographic areas as applicable. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents were asked how many contract and proprietary full-time equivalent (FTE) security officers and security guards they have within their enterprise. The average among all respondents in the Banking & Insurance market sectors is reported here. Outliers or information that appeared to be inaccurately reported were excluded from the calculation. SOURCE: The Security Benchmark Report, November 2023
HEALTHCARE
This sector includes those organizations reporting healthcare (hospitals, medical centers, etc.) as their primary market sector of business.
Among The Security Benchmark Report respondents choosing Healthcare as their primary market sector, 3% was the average security budget as a percent of revenue. To calculate security budget as a percentage of revenue across security programs in this sector, the security budget was divided by the total revenue, based on self-reported information. Outliers or information that appeared to be inaccurately reported were excluded from the calculation. SOURCE: The Security Benchmark Report, November 2023
To calculate security budget as a percentage of revenue across security programs in this sector, the security budget was divided by the total revenue, based on self-reported information. Here, the data is broken down by the total number of overall employees in the reporting organization. Information that appeared to be inaccurately reported was excluded from the calculation. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents in the Healthcare sector reported an average of $284,000 in security-related spending last year. Outliers or information that appeared to be inaccurately reported were excluded from the calculation. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents in the Healthcare sector were asked whether their 2023 security budgets Increased, Decreased or Stayed the same over 2022. The majority of respondents reported an increase in security budget over last year, with the average percent increase being 18%. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report participants within the Healthcare sector were given a list of 36 roles and responsibilities that may fall under the security function at an organization, and were asked for the level of responsibility the team has over that role within their enterprise. The above are the most common job responsibilities that the security function within this sector reported as Owning / Leading. For the purposes of this survey, Owning / Leading the responsibility means security both manages and funds the program. SOURCE: The Security Benchmark Report, November 2023
We asked The Security Benchmark Report respondents which function their security organization reports to or resides within. Within the Healthcare sector, the majority of security functions reported to or resided within Operations. Those who selected Other report to Ancillary Services or Support Services. SOURCE: The Security Benchmark Report, November 2023
In the Healthcare sector, 95% of The Security Benchmark Report respondents reported a Centralized structure of their security organization. SOURCE: The Security Benchmark Report, November 2023
Within the Healthcare sector, 65% of The Security Benchmark Report respondents reported having a security operations center (SOC) or global security operations center (GSOC) within their enterprise. SOURCE: The Security Benchmark Report, November 2023
SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents were asked to report which geographic areas their security organization provides risk and security services. Respondents were able to choose as many geographic areas as applicable. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents were asked how many contract and proprietary full-time equivalent (FTE) security officers and security guards they have within their enterprise. The average among all respondents in the Healthcare sector is reported here. Outliers or information that appeared to be inaccurately reported were excluded from the calculation. SOURCE: The Security Benchmark Report, November 2023
HIGHER EDUCATION
This sector includes those organizations reporting higher education, universities, colleges or technical institutions as their primary market sector of business.
Among The Security Benchmark Report respondents choosing Higher Education as their primary market sector, 0.6% was the average security budget as a percent of revenue. To calculate security budget as a percentage of revenue across security programs in this sector, the security budget was divided by the total revenue, based on self-reported information. Information that appeared to be inaccurately reported was excluded from the calculation. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents in the Higher Education sector reported an average of $279,000 in security-related spending last year. Information appearing to be inaccurately reported was excluded from the calculation. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents in the Higher Education market sector were asked whether their 2023 security budgets Increased, Decreased or Stayed the same over 2022. The majority of respondents this year reported an increase in security budget, which was a 7% increase on average. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report participants within the Higher Education sector were given a list of 36 roles and responsibilities that may fall under the security function at an organization, and were asked for the level of responsibility the team has over that role within their enterprise. The above are the most common job responsibilities that the security function within this sector reported as Owning / Leading. For the purposes of this survey, Owning / Leading the responsibility means security both manages and funds the program. SOURCE: The Security Benchmark Report, November 2023
We asked The Security Benchmark Report respondents which function their security organization reports to or resides within. Within the Higher Education sector, an even split of security teams reported to Operations, Administration and Other. The respondents who selected Other report into the Vice Chancellor or Public Affairs. SOURCE: The Security Benchmark Report, November 2023
SOURCE: The Security Benchmark Report, November 2023
In the Higher Education sector, 75% of The Security Benchmark Report respondents reported a Centralized structure of their security organization. SOURCE: The Security Benchmark Report, November 2023
Within the Higher Education sector, 87.5% of The Security Benchmark Report respondents reported having a security operations center (SOC) or global security operations center (GSOC) within their enterprise. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents were asked to report which geographic areas their security organization provides risk and security services. Respondents were able to choose as many geographic areas as applicable. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents were asked how many contract and proprietary full-time equivalent (FTE) security officers and security guards they have within their enterprise. The average among all respondents in the Higher Education sector is reported here. Outliers or information that appeared to be inaccurately reported were excluded from the calculation. SOURCE: The Security Benchmark Report, November 2023
HOSPITALITY & ENTERTAINMENT
This sector includes those organizations reporting hospitality, hotels, casinos, entertainment, sports leagues & facilities, or recreation as their primary market sector of business.
Among The Security Benchmark Report respondents choosing Hospitality & Entertainment as their primary market sector, 0.6% was the average security budget as a percent of revenue. To calculate security budget as a percentage of revenue across security programs in this sector, the security budget was divided by the total revenue, based on self-reported information. Information that appeared to be inaccurately reported was excluded from the calculation. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents in the Hospitality & Entertainment sectors reported an average of $175,000 in security-related spending last year. Information that appeared to be inaccurately reported was excluded from the calculation. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents in the Hospitality & Entertainment market sectors were asked whether their 2023 security budgets Increased, Decreased or Stayed the same over 2022. All respondents reported an increase in their security budget. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report participants within the Hospitality & Entertainment sectors were given a list of 36 roles and responsibilities that may fall under the security function at an organization, and were asked for the level of responsibility the team has over that role within their enterprise. The above are the most common job responsibilities that the security function within this sector reported as Owning / Leading. For the purposes of this survey, Owning / Leading the responsibility means security both manages and funds the program. SOURCE: The Security Benchmark Report, November 2023
We asked The Security Benchmark Report respondents which function their security organization reports to or resides within. Within the Hospitality & Entertainment market sectors, the highest percentage of security teams reported to a GM / Business Unit. SOURCE: The Security Benchmark Report, November 2023
In the Hospitality & Entertainment sectors, 75% of The Security Benchmark Report respondents reported a Centralized structure of their security organization. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents were asked to report which geographic areas their security organization provides risk and security services. Respondents were able to choose as many geographic areas as applicable. SOURCE: The Security Benchmark Report, November 2023
SOURCE: The Security Benchmark Report, November 2023
Within the Hospitality & Entertainment sectors, 75% of The Security Benchmark Report respondents reported having a security operations center (SOC) or global security operations center (GSOC) within their enterprise. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents were asked how many contract and proprietary full-time equivalent (FTE) security officers and security guards they have within their enterprise. The average among all respondents in the Hospitality & Entertainment market sectors is reported here. Outliers or information that appeared to be inaccurately reported were excluded from the calculation. SOURCE: The Security Benchmark Report, November 2023
INFORMATION TECHNOLOGY & MEDIA
This sector includes those organizations reporting information technology or media (equipment, software, services) as their primary market sector of business.
Among The Security Benchmark Report respondents choosing Information Technology & Media as their primary market sector, 0.3% was the average security budget as a percent of revenue. To calculate security budget as a percentage of revenue across security programs in this sector, the security budget was divided by the total revenue, based on self-reported information. Information that appeared to be inaccurately reported was excluded from the calculation. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents in the Information Technology & Media sector reported an average of $118,000 in security-related spending last year. Information that appeared to be inaccurately reported was excluded from the calculation. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents in the Information Technology & Media sector were asked whether their 2023 security budgets Increased, Decreased or Stayed the same over 2022. The majority of respondents reported an increase or no change in security budget over last year. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report participants within the Information Technology & Media sector were given a list of 36 roles and responsibilities that may fall under the security function at an organization, and were asked for the level of responsibility the team has over that role within their enterprise. The above are the most common job responsibilities that the security function within this sector reported as Owning / Leading. For the purposes of this survey, Owning / Leading the responsibility means security both manages and funds the program. SOURCE: The Security Benchmark Report, November 2023
We asked The Security Benchmark Report respondents which function their security organization reports to or resides within. Within the Information Technology & Media sectors, the majority of security functions reported to or resided within Human Resources or Finance. SOURCE: The Security Benchmark Report, November 2023
SOURCE: The Security Benchmark Report, November 2023
In the Information Technology & Media sectors, 100% of The Security Benchmark Report respondents reported a Centralized structure of their security organization. SOURCE: The Security Benchmark Report, November 2023
Within the Information Technology & Media sectors, 100% of The Security Benchmark Report respondents reported having a security operations center (SOC) or global security operations center (GSOC) within their enterprise. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents were asked to report which geographic areas their security organization provides risk and security services. Respondents were able to choose as many geographic areas as applicable. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents were asked how many contract and proprietary full-time equivalent (FTE) security officers and security guards they have within their enterprise. The average among all respondents in the Information Technology & Media sector is reported here. Outliers or information that appeared to be inaccurately reported were excluded from the calculation. SOURCE: The Security Benchmark Report, November 2023
MANUFACTURING
This sector includes those organizations reporting manufacturing as their primary market sector of business.
Among The Security Benchmark Report respondents choosing Manufacturing as their primary market sector, 0.4% was the average security budget as a percent of revenue. To calculate security budget as a percentage of revenue across security programs in this sector, the security budget was divided by the total revenue, based on self-reported information. Information that appeared to be inaccurately reported was excluded from the calculation. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents in the Manufacturing sector reported an average of $104,000 in security-related spending last year. Information that appeared to be inaccurately reported was excluded from the calculation. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents in the Manufacturing sector were asked whether their 2023 security budgets Increased, Decreased or Stayed the same over 2022. The majority of respondents in this sector reported an increase over last year, with an average security budget increase of 15%. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report participants within the Manufacturing sector were given a list of 36 roles and responsibilities that may fall under the security function at an organization, and were asked for the level of responsibility the team has over that role within their enterprise. The above are the most common job responsibilities that the security function within this sector reported as Owning / Leading. For the purposes of this survey, Owning / Leading the responsibility means security both manages and funds the program. SOURCE: The Security Benchmark Report, November 2023
We asked The Security Benchmark Report respondents which function their security organization reports to or resides within. In the Manufacturing sector, an equal amount respondents reported to the CAO / Administration / Shared Services, CRO / Risk / Legal / General Counsel, COO / Operations, Facilities, or Human Resources. SOURCE: The Security Benchmark Report, November 2023
SOURCE: The Security Benchmark Report, November 2023
In the Manufacturing sector, 79% of The Security Benchmark Report respondents reported a Centralized structure of their security organization. For this survey’s purpose, the distinction between Decentralized and Regional security is that some Regional security programs may behave in a centralized manner for their determined region, while Decentralized generally means there may be security organizations in multiple locations within an enterprise functioning independently from one another. Respondents choosing Other in this sector reported a functionally Centralized structure with dotted line regional security managers. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents were asked to report which geographic areas their security organization provides risk and security services. Respondents were able to choose as many geographic areas as applicable. SOURCE: The Security Benchmark Report, November 2023
Within the Manufacturing sector, 50% of The Security Benchmark Report respondents reported having a security operations center (SOC) or global security operations center (GSOC) within their enterprise. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents were asked how many contract and proprietary full-time equivalent (FTE) security officers and security guards they have within their enterprise. The average among all respondents in the Manufacturing sector is reported here. Outliers or information that appeared to be inaccurately reported were excluded from the calculation. SOURCE: The Security Benchmark Report, November 2023
PHARMA & BIOTECH
This sector includes those organizations reporting pharmaceuticals or biotechnology as their primary market sector of business.
Among The Security Benchmark Report respondents choosing Pharma & Biotech as their primary market sector, 1% was the average security budget as a percent of revenue. To calculate security budget as a percentage of revenue across security programs in this sector, the security budget was divided by the total revenue, based on self-reported information. Information that appeared to be inaccurately reported was excluded from the calculation. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents in the Pharma & Biotech sector reported an average of $43,000 in security-related spending last year. Information that appeared to be inaccurately reported were excluded from the calculation. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents in the Pharma & Biotech sector were asked whether their 2023 security budgets Increased, Decreased or Stayed the same over 2022. The majority of respondents in this sector reported an increase over last year with an average security budget increase of 22%. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report participants within the Pharma & Biotech sector were given a list of 36 roles and responsibilities that may fall under the security function at an organization, and were asked for the level of responsibility the team has over that role within their enterprise. The above are the most common job responsibilities that the security function within this sector reported as Owning / Leading. For the purposes of this survey, Owning / Leading the responsibility means security both manages and funds the program. SOURCE: The Security Benchmark Report, November 2023
We asked The Security Benchmark Report respondents which function their security organization reports to or resides within. In this sector, those reporting Other included Chief Supply Chain Officer. SOURCE: The Security Benchmark Report, November 2023
In the Pharma & Biotech sector, 100% of The Security Benchmark Report respondents reported a Centralized structure of their security organization. SOURCE: The Security Benchmark Report, November 2023
Within the Pharma & Biotech sectors, 50% of The Security Benchmark Report respondents reported having a security operations center (SOC) or global security operations center (GSOC) within their enterprise. SOURCE: The Security Benchmark Report, November 2023
SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents were asked to report which geographic areas their security organization provides risk and security services. Respondents were able to choose as many geographic areas as applicable. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents were asked how many contract and proprietary full-time equivalent (FTE) security officers and security guards they have within their enterprise. The average among all respondents in the Pharma & Biotech sector is reported here. Outliers or information that appeared to be inaccurately reported were excluded from the calculation. SOURCE: The Security Benchmark Report, November 2023
REAL ESTATE, PROPERTY MANAGEMENT, CONSTRUCTION
This sector includes those organizations reporting real estate, property management, housing, or construction services & materials as their primary market sector of business.
The Security Benchmark Report respondents in the Real Estate, Property Management, Construction sectors reported an average of $20,000 in security-related spending last year. Information that appeared to be inaccurately reported was excluded from the calculation. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents in the Real Estate, Property Management, Construction market sectors were asked whether their 2023 security budgets Increased, Decreased or Stayed the same over 2022. Fifty percent of respondents in this sector reported a decrease in security budget. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report participants within the Real Estate, Property Management, Construction sectors were given a list of 36 roles and responsibilities that may fall under the security function at an organization, and were asked for the level of responsibility the team has over that role within their enterprise. The above (in alphabetical order) are the most common job responsibilities that the security function within this sector reported as Owning / Leading. For the purposes of this survey, Owning / Leading the responsibility means security both manages and funds the program. SOURCE: The Security Benchmark Report, November 2023
We asked The Security Benchmark Report respondents which function their security organization reports to or resides within. Within the Real Estate, Property Management, Construction market sectors, one-third of respondents report to the CEO / President / Owner / Exec. Director, Human Resources, and Health / Safety / Security / Environment, respectively. SOURCE: The Security Benchmark Report, November 2023
In the Real Estate, Property Management, Construction sectors, 67% of The Security Benchmark Report respondents reported a Centralized structure of their security organization. SOURCE: The Security Benchmark Report, November 2023
SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents were asked to report which geographic areas their security organization provides risk and security services. Respondents were able to choose as many geographic areas as applicable. SOURCE: The Security Benchmark Report, November 2023
Within the Real Estate, Property Management, Construction sectors, 33% of The Security Benchmark Report respondents reported having a security operations center (SOC) or global security operations center (GSOC) within their enterprise. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents were asked how many contract and proprietary full-time equivalent (FTE) security officers and security guards they have within their enterprise. The average among all respondents in the Real Estate, Property Management, Construction market sectors is reported here. Outliers or information that appeared to be inaccurately reported were excluded from the calculation. SOURCE: The Security Benchmark Report, November 2023
RETAIL & RESTAURANT
This sector includes those organizations reporting retail or restaurant as their primary market sector of business.
Among The Security Benchmark Report respondents choosing Retail & Restaurant as their primary market sector, 0.2% was the average security budget as a percent of revenue. To calculate security budget as a percentage of revenue across security programs in this sector, the security budget was divided by the total revenue, based on self-reported information. Information that appeared to be inaccurately reported was excluded from the calculation. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents in the Retail & Restaurant sector reported an average of $75,000 in security-related spending last year. Outliers or information that appeared to be inaccurately reported were excluded from the calculation. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents in the Retail & Restaurant sector were asked whether their 2023 security budgets Increased, Decreased or Stayed the same over 2022. The majority of respondents in this sector reported an increase over last year with an average security budget increase of 3%. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report participants within the Retail & Restaurant sector were given a list of 36 roles and responsibilities that may fall under the security function at an organization, and were asked for the level of responsibility the team has over that role within their enterprise. The above are the most common job responsibilities that the security function within this sector reported as Owning / Leading. For the purposes of this survey, Owning / Leading the responsibility means security both manages and funds the program. SOURCE: The Security Benchmark Report, November 2023
We asked The Security Benchmark Report respondents which function their security organization reports to or resides within. Within the Retail & Restaurant market sectors, 40% of respondents report to COO / Operations. SOURCE: The Security Benchmark Report, November 2023
In the Retail & Restaurant sector, 100% of The Security Benchmark Report respondents reported a Centralized structure of their security organization. SOURCE: The Security Benchmark Report, November 2023
Within the Retail & Restaurant sectors, 60% of Security Benchmark Report respondents reported having a security operations center (SOC) or global security operations center (GSOC) within their enterprise. SOURCE: The Security Benchmark Report, November 2023
SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents were asked to report which geographic areas their security organization provides risk and security services. Respondents were able to choose as many geographic areas as applicable. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents were asked how many contract and proprietary full-time equivalent (FTE) security officers and security guards they have within their enterprise. The average among all respondents in the Retail & Restaurant sector is reported here. Outliers or information that appeared to be inaccurately reported were excluded from the calculation. SOURCE: The Security Benchmark Report, November 2023
UTILITIES & DISTRIBUTION
This sector includes those organizations reporting utilities (oil & gas, waste management & equipment, renewable / clean energy, electric, gas, nuclear, wind, environmental services), logistics, warehousing, ports (air, sea, etc.), distribution, shipping or freight transportation as their primary market sector of business.
Among The Security Benchmark Report respondents choosing Utilities & Distribution as their primary market sector, 4% was the average security budget as a percent of revenue. To calculate security budget as a percentage of revenue across security programs in this sector, the security budget was divided by the total revenue, based on self-reported information. Information that appeared to be inaccurately reported was excluded from the calculation. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents in the Utilities & Distribution sectors reported an average of $268,000 in security-related spending last year. Outliers or information that appeared to be inaccurately reported were excluded from the calculation. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents in the Utilities & Distribution sectors were asked whether their 2023 security budgets Increased, Decreased or Stayed the same over 2022. The majority of respondents reported an increase or the same security budget over last year. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report participants within the Utilities & Distribution sectors were given a list of 36 roles and responsibilities that may fall under the security function at an organization, and were asked for the level of responsibility the team has over that role within their enterprise. The above are the most common job responsibilities that the security function within this sector reported as Owning / Leading. For the purposes of this survey, Owning / Leading the responsibility means security both manages and funds the program. SOURCE: The Security Benchmark Report, November 2023
We asked The Security Benchmark Report respondents which function their security organization reports to or resides within. Within the Utilities & Distribution market sectors, 27% of respondents report to Human Resources. SOURCE: The Security Benchmark Report, November 2023
In the Utilities & Distribution sectors, 100% of The Security Benchmark Report respondents reported a Centralized structure of their security organization. Zero respondents within this sector reported a Decentralized or Regional structure. SOURCE: The Security Benchmark Report, November 2023
Within the Utilities & Distribution sectors, 64% of The Security Benchmark Report respondents reported having a security operations center (SOC) or global security operations center (GSOC) within their enterprise. SOURCE: The Security Benchmark Report, November 2023
SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents were asked to report which geographic areas their security organization provides risk and security services. Respondents were able to choose as many geographic areas as applicable. SOURCE: The Security Benchmark Report, November 2023
The Security Benchmark Report respondents were asked how many contract and proprietary full-time equivalent (FTE) security officers and security guards they have within their enterprise. The average among all respondents in the Utilities & Distribution sectors is reported here. Outliers or information that appeared to be inaccurately reported were excluded from the calculation. SOURCE: The Security Benchmark Report, November 2023
