The security week that was: 10/21/11 (the rise of home management services)

A weekly view of the news shaping your profession

Gunshot detection firm ShotSpotter announced this week that it is changing its name to SST as part of an overall rebranding strategy, which includes the introduction of a new subscription-based model for its services. … Shrink increased by more than six percent worldwide in 2011, according to the results of new Global Retail Theft Barometer. The increase was attributed to a poor economy and an uptick in organized retail crime. … Monitoring services provider SentryNet is moving its Greenville, Miss., operations to a new office in Memphis. Company officials said in a statement that move was necessary if it wanted to be able to grow and remain competitive. … Micro Key Solutions, a provider of software for central monitoring stations, has promoted Victoria Ferro to president, succeeding Wayne Torrens who will take over as the company’s CEO. … Garda has acquired airport screening services provider Aeroguard for $16 million. The company will now be responsible for providing pre-board screening services in both the Central and Prairies regions in Canada under contracts totaling $1.07 billion in revenues over five years.