Private security company

From Wikipedia, the free encyclopedia

A Private Security Company is a for-profit enterprise, sometimes a corporation or a limited liability partnership, which provides armed and unarmed security services and expertise to private and public clients. Private security companies are defined by the U.S. Bureau of Labor Statistics as companies primarily engaged in providing guard and patrol services, such as bodyguard, guard dog, and parking security services. 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.[1] The private security industry is rapidly growing, currently being a $100 billion a year industry, with projected growth to $200 billion by 2010[2]

Employees of private security companies are generally referred to either as "security guards" 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.

  1. ^ U.S. Bureau of Labor Statistics NAICS 561612- The U.S. Producer Price In Security Guards and Patrol
  2. ^ The Arizona Republic: Private security guards play key roles post-9/11 22 January 2006
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