Sep 26, 2024
The FBI’s 2023 Crime in the Nation Report has revealed encouraging news: violent crime in the U.S. fell by 3% in 2023, marking a significant return to pre-pandemic crime levels. Most notably, murder and non-negligent homicide saw an 11.6% decline—the sharpest drop in two decades—while rapes fell by 9.4%. Despite these positive trends, car thefts have risen sharply, with a 12.6% increase.
This data provides critical insights for security and risk management professionals, guiding how we anticipate, prepare for, and mitigate crime-related risks.
Key Insights for Security and Risk Professionals
Rebalancing Security Priorities: With violent crime on the decline, it’s important for security teams to reassess how they allocate resources. The rise in car thefts suggests a shift in criminal behavior toward property crime, meaning that asset protection and vehicle security should be higher priorities.
Localized Threats Still Persist: While national averages show an overall decrease, not every area follows this trend. Professionals should continue to monitor regional variations in crime rates, particularly in larger cities or communities where localized spikes may still pose significant threats.
Public Perception vs. Reality: Despite data showing a decline in violent crime, public perception often lags behind. Political figures may continue to assert that crime is on the rise, making it critical for risk managers to balance data-driven realities with stakeholder perceptions. Providing accurate, timely information helps maintain confidence in security strategies.
Looking Ahead
While this decrease in crime is promising, security professionals must remain agile. The FBI’s preliminary data for 2024 shows a continued decrease in homicides, down 17% in the first half of the year. However, property crimes, particularly car thefts, continue to rise, requiring strategic adjustments in how risks are managed.
The drop in violent crime offers security teams the opportunity to recalibrate risk management strategies for 2024. Focusing more on emerging property crime trends, ensuring localized threat monitoring, and effectively managing public perception are key to staying ahead in an ever-evolving security landscape.
Staying ahead of the evolving risk landscape is more important than ever. If you’re looking for ways to enhance your risk management strategy, consider how real-time insights and risk scoring can support more proactive decision-making. Interested? Let’s chat.
References:
FBI. "Crime in the Nation Report 2023." (2024).
Major Cities Chiefs Association, "2024 Preliminary Crime Data."