Paris Attacks: European Demand For Security Technology Will Likely Increase After Terror Attacks
Following the grisly citywide attack in Paris that left 129 dead and 352 injured on Friday night, the demand for high-tech state security products will likely increase in the coming months. Many of these new products -- from facial recognition technology to combat drones -- will be on display this week in Paris at Milipol, Europe’s largest national security event that attracts thousands of security companies and police officials each year.
The event comes at an emotional, if not opportune time, for the exhibitors. Demand for security products typically rises after any major terrorist attack, which will bring this event -- and many of the products up for sale -- into sharp focus.
“The threat level a city faces is a key driver of technology expenditure,” the event organizers said in a recent statement. “There is a strong correlation between threat as it is perceived and investment.”
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