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Investing in Cloud Security: A Smart Move for El Paso Businesses by 2026

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As El Paso business owners prepare their budgets for 2026, the importance of security is rising, particularly in light of increasing theft and climbing insurance premiums. The National Retail Federation reported a staggering $112.1 billion in losses due to theft in 2022, with incidents of shoplifting rising by 93% in 2023 compared to 2019. Businesses are urged to consider cloud-based video surveillance systems, which can reduce overall costs and potentially lower insurance premiums by 5% to 20%. As security becomes intertwined with financial planning, owners should evaluate the long-term costs and benefits of their security investments to ensure they remain competitive and protected.

Key Details: • Consider cloud-based video surveillance for lower maintenance and operational costs. • Insurance premium discounts may range from 5% to 20% with improved security measures. • Evaluate total costs over five years, not just initial expenses. • Ensure video evidence is secure and accessible to support insurance claims.

business retail insurance security cloud

People & Organizations

El PasoNational Retail FederationVideoloft

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