Linear supplies are more reliable, harder to tamper/influence from outside, probably cheaper, too.
Saying this because linear power supplies do not need low ESR capacitors, do not produce high temperature, do not dry their electrolytic caps, do not produce EMI, do not waste a few W in idle, they are not influenced by nearby magnets or by nearby EMP tampering.
All these look like possible advantages of the linear over SMPS, but I don't really know if any of these is considered, or a requirement when designing alarms.