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by ilamont
1614 days ago
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Private security is an expected cost for any business (or homeowner for that matter). Even if the local police department is fully staffed, they certainly can't be everywhere at all times, respond instantly to a report of crime, or deal with issues that it is not staffed for such as rampant technology-enabled crime. So, maybe the security is an investment in new cameras. Maybe it's a better lock that can't be bypassed. Maybe it's an investment in network security personnel or systems. Maybe it's a doorman at the apartment building, or a security guard serving as "eyes and ears" for the police. My question earlier is how much UP - a publicly listed company with $20B in revenue in 2020 - has increased security expenditures to keep up with traffic, theft, and other potential threats to its business. |
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I mean, heck, if it comes down to it, Private Security can also mean that UP just gives up on Los Angeles and its eponymous port entirely.