Banking & Finance security applications
Financial institutions require reliable IP video surveillance systems that provide high-performance, quality, and scalability. Unfortunately, with limited budgets, many financial institutions are still utilizing outdated appliances. When security is not a priority, they are putting themselves at risk for fraud, theft, and data breaches. Security Integrators have an opportunity to help financial institutions by upgrading their systems with an up-to-date NVR server and overall video surveillance...
Columbia Bank, a Northwest community bank headquartered in Tacoma, Washington, sought to upgrade their video surveillance solution to improve image quality and retention time. They also wanted to maximize field of view to deliver a more forceful and expansive – yet, less intrusive – solution. Working with Cook Security Group, Inc., Ross Armstrong, vice president of physical security at Columbia Bank, chose to overhaul video surveillance in their 150-plus branches across the Northwes...
Brian Ishikawa has always kept tight control over his video surveillance system, allowing only authorized personnel within his corporate security division to access video footage. So it was a change for Ishikawa, Senior Vice President and Director of Corporate Security for the Bank of Hawaii, to get used to the idea of authorized staff from the bank’s branch division being able to review video for operational, compliance and marketing-related purposes. The insights collected from the vide...
Retail banking combines a demand for high security with complex workflows. Staff need efficient access. Facility managers need the flexibility to design access permissions around individual needs, so not everyone can access every area whenever they choose. Nobody wants to carry or track large numbers of keys. These were the requirements, managers of Creval — a regional bank in Italy — faced when seeking an alternative to a mechanical master-key system. Creval needed new access contr...
Retail banks and financial services companies have a long history of dealing with the risk and potential threat of criminal activity. Arecont Vision Costar understands the unique needs of the retail banking and financial services market and provides customer-proven megapixel camera technology to specifically meet those needs for our customers around the world. Bank Crime Statistics In a typical year in the United States, according to the FBI cash losses total around $7.5 million, only about...
As technology continues to catapult forward at a significant pace in the 21st century, banks are increasingly facing new security challenges to safeguard their buildings, staff, customers, and financial operations. Because of this, it is critical that banks invest in security systems that meet the complex and unique requirements of the financial environment. Vanderbilt’s SPC provides this solution through advanced, dedicated intruder detection features and products for banking applic...
Booth number: 14039 Dahua Technology USA Inc. will display video surveillance solutions, access control and intercoms at ISC West. Q: What was the first year your company exhibited at ISC West? Please share your remembrances of that experience. The first year that we exhibited at ISC West was in 2012. That was before we had a local US operation. The market started to pick up our brand and was surprised that we offer extensive product portfolios. In 2014, we registered our US office and continued to participate in ISC West. Through our presence at the show, customers get to know us better and understand that we are not just a product manufacturer but can also support them from the service and operation standpoints. We are local here and help our customers to grow their business and increase their satisfaction with us. A trade show is not just for marketing; ensuring the best ROI requires work by several parties in an organization Q: What strategies do you use to get the most out of exhibiting at ISC West? A trade show is definitely a lot of investment within a few days. Therefore, how we create the best ROI and meet the right customers are very important. A trade show is not just for marketing; ensuring the best ROI requires work by several parties in an organization, including products and technical expertise as well as the sales team. We use an internal and highly coordinated plan with the team to get a better result. We make sure everyone is on the same page in terms of the products/technology we are going to present and have the people with the best knowledge to present to customers who visit our booth. Therefore, a highly coordinated team strategy is required. Q: How do you quantify your success at ISC West? What ROI do you receive from the show? Every company has their ways to follow up with the leads and evaluate the ROI from the show. The way we are using is to upload all our leads to our software and track all these leads afterwards. If they are not already buying from us, our goal is to convert them to become a registered dealer. Customers get to know us better and understand that we are not just a product manufacturer but can also support them from the service and operation standpoints If they are already our registered dealers, we seek to grow their business by using our latest technology solutions. In general, all marketing activities in business today require a clear ROI, and it has to tie into the sales numbers. From our experience, the ISC West show provides the best ROI among other shows in the North American market. Q: What company activities (outside the show floor) does your company organize each year? We have a partner event and invite our value-added dealers and partners. We’ve been hosting this event since 2015. Q: What sets ISC West apart from other trade shows on the calendar? As I mentioned, ISC West provides the highest ROI among other shows in the North America market. This show also brings many of our customers and partners to the city as well. I guess people value this opportunity to meet and discuss the technology, the industry trends, and the business to figure out how we can grow together. Other trade shows might be smaller than ISC West and targeted at different markets or address different scopes of the industry need. Every show we attend in 2019 plays a strategic role for us to communicate with the market and find the customers we are looking for.
Booth number: 8045 Costar Technologies, Inc. is a public company that designs, develops, manufactures and distributes a full range of products for the video surveillance and machine vision markets. Costar consists of five operating companies: Arecont Vision Costar, CohuHD Costar, Costar Video Systems, Innotech, and IVS Imaging. The combined product portfolio consists of surveillance cameras, video surveillance systems, recorders, monitors, lenses, cables, accessories, and cloud-enabled services. For more about their presence at ISC West, we contacted Jeff Whitney, Vice President of Marketing for Arecont Vision Costar, a Costar Technologies, Inc. business unit. In 2005, the technology was extremely new and unproven to the typically risk-adverse security industry Q: What Was The First Year Your Company Exhibited At ISC West? Please Share Your Remembrances Of That Experience. One of our companies, Arecont Vision, exhibited in ISC West booth 17147 in 2005, a tiny space on which the hopes of the company rested. At the time AV was focused on pioneering IP megapixel surveillance cameras, but today we are part of Costar Technologies, offering cameras, VMSs, and recorders. In 2005, the technology was extremely new and unproven to the typically risk-adverse security industry. Talking with those who were with the company at time, the enthusiasm of the booth team reached the security dealers and systems integrators who were attending, helping bring megapixel cameras to a much wider audience. Q: What Strategies Do You Use To Get The Most Out Of Exhibiting At ISC West? The Costar companies have a very deep portfolio of products for the security market, and we bring our latest products from each business unit to ISC West. Attendees come in part to see the latest tech, and we drive our development cycle to have exciting new products to unveil on the show floor. We also have meeting space in the booth to provide one-on-one time with our executives and sales team, while sponsoring free admission to the expo for all who want it. Q: How Do You Quantify Your Success At ISC West? What ROI Do You Receive From The Show? Unveiling our latest products and solutions to existing customers and partners is key to a successful event, and ISC West’s large impact on the industry ensures that many will attend. Perhaps even more important is informing those attending of the strength of the Costar product portfolio, including many Made in USA products and services that others don’t deliver. Both help to drive leads for projects in which we can really benefit our partners and end user customers. Each of our companies will participate in meetings, dinners, and events with our customers and partners throughout the days of the show Q: What Company Activities (Outside The Show Floor) Does Your Company Organize Each Year? A large show like ISC West brings many of the Costar business units together, providing an excellent opportunity to continue bonding as a team, as well as to participate in events beyond the show floor. Each of our companies will participate in meetings, dinners, and events with our customers and partners throughout the days of the show. Q: What Sets ISC West Apart From Other Trade Shows On The Calendar? ISC West brings a very large number of interested, security-focused systems integrators, dealers, consultants, and end user customers all to one place for a three-day expo. That audience and opportunity to share our message validates the investment any large show requires from Costar or others. While some industry events have struggled to find and maintain their audiences, ISC West continues to deliver quality, knowledgeable attendees from across the Americas and around the world. The show differs from other events we do, which are typically regional in attendance or focused more on specific vertical markets.
Booth number: 12089 At this year's ISC West, VIVOTEK USA, Inc. will be showcasing their 180⁰/360⁰ product line plus other general form factors with new features and benefits, including a cybersecurity application embedded onto the cameras, crowd detection, smart motion detection, tailgating, and many more. In addition to IP cameras, VIVOTEK will display a comprehensive product line that also includes NVRs, video receivers, video servers, PoE switches, and video management software. Q: What Was The First Year Your Company Exhibited At ISC West? Please Share Your Remembrances Of That Experience. We have come a long way from a little-known surveillance manufacturer with a small booth size VIVOTEK has been an exhibitor at ISC West for many years now. Looking back, we have come a long way from a little-known surveillance manufacturer with a small booth size to one of the global providers in the security industry with a recognizable and trusted brand. Now, we are well-known in the industry and are proud of our accomplishments, but we feel greater things are still in front of us. Q: What Strategies Do You Use To Get The Most Out Of Exhibiting At ISC West? Each year, we want our booth to tell our stories – who we are, what we do and what we are capable of, and where we are heading. We do not want to just be another camera manufacturer who only promotes and displays products; we want to be the solution provider that customers are looking for. In addition, we have very knowledgeable sale managers who can assist visitors at our booth who are looking for surveillance, whether it’s an upgrade or a totally new solution. Q: How Do You Quantify Your Success At ISC West? What ROI Do You Receive From The Show? Gain industry knowledge and perspective as to where surveillance security industry is heading Like any trade show, it is difficult to quantify success. We attend ISC West to promote the VIVOTEK brand, meet and discuss with customers and gain industry knowledge and perspective as to where surveillance security industry is heading. If we achieve these, then ISC West is a success for us. Q: What Company Activities (Outside The Show Floor) Does Your Company Organize Each Year? Our main focus each year at ISC West has always been the interaction with customers and potential customers on the show floor. We pride ourselves in the products and technology we offer, and there aren’t any other trade shows in North America to showcase our capabilities than ISC West. Q: What Sets ISC West Apart From Other Trade Shows On The Calendar? ISC West is the industry standard of security trade shows in North America. Since we are a security surveillance manufacturer, ISC West is the one show that all manufacturers in this industry must attend.
Booth number: 26041 March Networks is a global provider of video surveillance and video-based business intelligence solutions. Their product portfolio is end-to-end, ensuring that customers can deploy comprehensive solutions designed to help them address real business challenges and improve performance. At ISC West this year, March Networks will be showcasing new hosted services, new PTZ cameras and additional offerings. Attendees will also be encouraged to discover their solutions for banking, retail, cannabis and transportation – all of which help organizations transform video into business intelligence through the integration of surveillance video, analytics, and data from business systems and IoT devices. For more about their presence at ISC West, we contacted Peter Strom, President and CEO, March Networks. And not surprisingly, the technology was a lot less sophisticated compared to what we see today Q: What was the first year your company exhibited at ISC West? Please share your remembrances of that experience. I believe March Networks first exhibited at ISC West in 2001. I did not join the company until 2003, however I had been working in the industry for several years already, and can recall that the exhibitions back then had a much different feel. For one thing, there weren’t the very large companies we see today dominating a lot of the landscape. And not surprisingly, the technology was a lot less sophisticated compared to what we see today. Anyone who has worked in physical security for a long time can attest to the remarkable shift we have seen over the years, first with the transition from analog to IP video and all that entails, to security analytics, to today’s truly advanced business intelligence applications, hosted solutions, and artificial intelligence, computer vision and similar content analytics. Q: What strategies do you use to get the most out of exhibiting at ISC West? Our most effective strategy by far is scheduling our business meetings in advance of ISC West. Our sales team does a very good job of planning meetings with enterprise end users and channel partners ahead of time, so we’re hitting the ground running even before the doors open on Day 1 of the event. In addition, our channel partners are also very well organized, and know which organizations they are going to bring to our booth during ISC West. This pre-planning saves us a tremendous amount of time and ensures that we make the most of the opportunity to meet face-to-face with the many decision-makers who have traveled to the show. The quality and quantity of our planned business meetings is definitely how our company measures the success of our ISC West participation each year Q: How do you quantify your success at ISC West? What ROI do you receive from the show? The quality and quantity of our planned business meetings is definitely how our company measures the success of our ISC West participation each year. Of course we do track the number and quality of the leads we capture as well; however, our face-to-face meetings with end user organizations and channel partners are the primary measures of our ROI. Q: What company activities (outside the show floor) does your company organize each year? The activities we organize outside of the show floor vary from year to year. We have hosted customer appreciation events and roundtable events. We will typically organize an internal sales meeting as well to take advantage of the fact that many of our salespeople and product managers are in the same location. Q: What sets ISC West apart from other trade shows on the calendar? The timing of ISC West is good for most people, as it is still early enough in the budget cycle for most customers to leverage the show to help make decisions – particularly in our banking, retail, cannabis and transit target verticals. Holding the event consistently in Las Vegas is also beneficial, as it makes it easier for people and exhibitors to plan in advance. The city itself is well equipped to handle large exhibitions, offering everything from a central conference space at the Sands to the convenience of nearby accommodations, restaurants etc. Travel is typically convenient as well. In our opinion, ISC West is the premier industry show in North America and appears to be gaining momentum each year.
Booth number: 18037 Hikvision will showcase a wide-range of its video surveillance solutions and security products such as its DarkFighterX dual-sensor with patented bi-spectral fusion technology for low light color imaging; thermal technology for critical perimeter applications, as well as preventive maintenance through temperature alarming and fire detection; specialty solutions for vertical markets including retail, education, gaming and commercial real estate with tailored products and valuable business intelligence analytics; TurboHD (HD over coax) for high resolution video using existing cabling; PanoVu and multi-sensor cameras. We will also feature Hikvision’s central management system, HikCentral, which provides a highly-scalable, reliable, and efficient centralized system management. We bring the latest and greatest in technology and a knowledgeable workforce to meet our customers and partners Q: What Was The First Year Your Company Exhibited At ISC West? Please Share Your Remembrances Of That Experience? Hikvision has exhibited at ISC West since 2006. Our presence has grown considerably since then. Each year we showcase Hikvision’s latest technologies and the evolution of the brand through ad campaigns: “Heartbeat of Security” (2016), “Art of Video Surveillance” (2017), and “Achieve Extraordinary” (2018). At ISC West, Hikvision enjoys re-connecting with existing customers and developing new partnerships. Over the years, Hikvision has demonstrated growth and strength within the industry and will continue to support its partners through the dedicated workforce that makes up Hikvision North America. Q: What Strategies Do You Use To Get The Most Out Of Exhibiting At ISC West? The strategy is simple. We bring the latest and greatest in technology and a knowledgeable workforce to meet our customers and partners. With our latest products displayed at our booth and our team of product managers, vertical-market leaders, and other technical gurus readily available in one place, it’s a great opportunity to connect with our current and future partners. Of course, we also have one-on-one client meetings in our meeting rooms throughout the show. And, we also host interactive experiences including trivia games, product demonstrations, and other technical presentations at the Thought Theater in our booth. Q: How Do You Quantify Your Success At ISC West? What ROI Do You Receive From The Show? Hikvision quantifies its success with a variety of metrics including traffic throughout the booth, attendance at educational sessions we host, the number of meetings we conduct with customers, and responses from our sales team on the engagement with integrators and end users after the show. We also measure the feedback we receive from our advertising campaigns whether it’s through our signage at the show or coverage in publications. Q: What Company Activities (Outside The Show Floor) Does Your Company Organize Each Year? We host a Hikvision Partner Celebration @ ISC West, an invitation-only event to celebrate Hikvision Dealer Partners, distribution, technology and design partners We host a Hikvision Partner Celebration @ ISC West, an invitation-only event to celebrate Hikvision Dealer Partners, distribution, technology and design partners, and end users. We consider it a fun way for us to say thank you to our valued partners in a casual setting. We’re also an enthusiastic sponsor of the Mission 500 Security 5/2K. Hikvision is fielding a running team, and we’ve begun our fundraising in earnest. Corporate social responsibility is part of our DNA at Hikvision, and the Security 5/2K is a wonderful way to join with our security industry colleagues to make a difference in kids’ lives and give back. Q: What Sets ISC West Apart From Other Trade Shows On The Calendar? Hikvision attends a variety of important conferences and trade shows throughout the year, but ISC West is the big show that attracts international attendees that everyone looks forward to. We wouldn’t miss it.
Booth number: 20031 Pelco is highly invested in providing end-to-end video surveillance solutions for customers, so this priority will remain the same in 2019 and beyond Pelco’s priorities for 2019 at ISC West are informed by worldwide trends in the security industry. As a result, Pelco will be focusing on enhancing cloud connectivity and cybersecurity for their customers. In addition, VideoXpert is Pelco’s best-selling video management solution, so this system will be the primary solution focus moving forward. Pelco is also planning to build upon Pelco Professional Services, which will include VxCare, a three-tier service plan for VideoXpert owners available worldwide this May. Overall, Pelco is highly invested in providing end-to-end video surveillance solutions for customers, so this priority will remain the same in 2019 and beyond. Q: What Was The First Year Your Company Exhibited At ISC West? Please Share Your Remembrances Of That Experience. Pelco was established in its current form around the year 1987, we have been attending ISC West since at least then. One memory that stands out is having to make many coax cables connect with all the analog cameras and switchers. Q: What Strategies Do You Use To Get The Most Out Of Exhibiting At ISC West? We truly value the media relationships we’ve nurtured over the years. The security trade media specifically have played a pivotal role in sharing the latest news as it relates to our industry and ISC West. In addition to media relations, e-mail blasts and blogs are also key tools to build buzz around our exhibit. Lastly, we utilize a playbook and training protocols developed for our sales department. This information ultimately benefits our customers because they will receive accurate and up-to-date information about our video surveillance solutions. One way we quantify our success at ISC West is to keep track of the number of people attending our booth Q: How Do You Quantify Your Success At ISC West? What ROI Do You Receive From The Show? One way we quantify our success at ISC West is to keep track of the number of people attending our booth. The show is considered the premier event in North American security so a major way we measure our ROI is through initial or final meetings with customers and partners. These initial connections can happen on or near the show floor. In addition, our product managers and engineers create a dialog with our customers so they can determine the transferrable value of a potential solution, which in turn influences our product world map. Q: What Company Activities (Outside The Show Floor) Does Your Company Organize Each Year? We have participated in the Security 5K in support of Mission 500. Additionally, we sometimes host customers at local end user sites so they get to see the system in operation. Q: What Sets ISC West Apart From Other Trade Shows On The Calendar? It’s the best-attended security conference in North America by far, attracting both domestic and international visitors.
Two of the most familiar names in the physical security market – Pelco and Panasonic – underwent ownership changes during 2019. Consolidation continued on multiple other fronts. Security service companies, video companies and access control companies were all among the entities involved in merger and acquisition (M&A) activity during the last 12 months. In short, the industry landscape continues to transform in response to a changing market. Here's a look at the Top 10 M&A stories in 2019: 1. Pelco Acquired by Private Equity Firm Transom Capital Pelco Inc. was acquired in May by Transom Capital Group, a private equity firm, from Schneider Electric. Since the acquisition, Transom Capital has been working with Pelco’s management and employees to define and direct the next chapter of the iconic company. Pelco maintains its headquarters in Fresno, Calif., and has a presence in Fort Collins, Colo., near Denver, and a sales office in the New York area, not to mention many global employees who work remotely. 2. Panasonic Spins Off Security Business Electronics giant Panasonic sold off 80% of its video surveillance business to a private equity firm but is retaining 20%, and the new company will continue to use the well-known Panasonic brand. The move is aimed at reinvigorating a business challenged by competition from Chinese companies and lower video prices. Polaris Capital Group Co. acquired 80% of the outstanding shares of the new security systems business. 3. Qognify Acquires OnSSI and SeeTec 2019 began with the acquisition of IP video management software (VMS) company On-Net Surveillance Systems (OnSSI), including SeeTec in Europe. Backed by the global investment firm Battery Ventures, Qognify completed the acquisition in the final days of 2018. With Qognify, OnSSI and SeeTec operating under one umbrella, the company provides VMS, video analytics, PSIM and critical incident management for mid-market and enterprise organizations. 4. Busy Year for Acquisitions at Allied Universal Security services company Allied Universal had an active year in acquisitions, beginning in April with the acquisition of integration company Securadyne Systems in Dallas. There was an additional acquisition announced in each of the next four months: Point 2 Point Global Security, Dallas, in May; security services company Cypress Private Security in June, services company Shetler Security Services in July , and Midstate Security in August. Allied Universal announced two more acquisitions in November – low-voltage integrator Advent Systems Inc. in Chicago and Vinson Guard Service in Louisiana. Also in November, Allied announced a transformational merger with SOS Security. In December, Allied Universal acquired APG Security, South Amboy, N.J. 5. Motorola Continues Video Push with VaaS Acquisition Following its acquisition of Avigilon in 2018, Motorola Solutions continued to build its presence in the security market in 2019 with the acquisition of VaaS International Holdings, Inc. (VaaS), a data and image analytics company. Motorola Solutions paid $445 million in a combination of cash and equity for the company, which includes fixed and mobile license plate reader cameras driven by machine learning and artificial intelligence. 6. ACRE Acquires Access Control Companies Open Options and RS2 Open Options is an open architecture access control company headquartered in Addison, Texas; and RS2 is an open systems access control provider in Munster, Ind. ACRE, global provider of security systems, wrapped up acquisition of both firms in 2019, after announcing the Open Options deal in the waning days of 2018 and following it up with the RS2 announcement in the spring. ACRE’s portfolio now consists of Vanderbilt, Open Options, RS2 and ComNet. 7. Assa Abloy Expands Capabilities with LifeSafety Power Lock and access control giant ASSA ABLOY acquired LifeSafety Power in September, providing a complement to the access control portfolio. The plan is to incorporate LifeSafety Power’s knowledge of power supply and consumption throughout the ASSA ABLOY access control line. LifeSafety Power was established in 2009 and has some 65 employees. The main office is located in Libertyville, Illinois. 8. Distributor Anixter Going Private and Selling to CD&R Anixter International Inc., a distributor of network and security solutions, electrical and electronic solutions and utility power solutions, entered into a definitive agreement with an affiliate of Clayton, Dubilier & Rice (CD&R) to be acquired in an all cash transaction valued at approximately $3.8 billion. The transaction will result in Anixter becoming a private company and is expected to close by the end of the first quarter of 2020. Under the terms of the merger agreement, CD&R-managed funds will acquire all the outstanding shares of Anixter common stock for $81.00 per share in cash. (It has been reported that a new bidder has also emerged, although Anixter is resisting – stay tuned.) 9. Alarm.com Expands Commercial Offering with OpenEye Acquisition Alarm.com has announced a majority-stake acquisition of OpenEye, a provider of cloud-managed video surveillance solutions for the commercial market. OpenEye is optimized for enterprise-level commercial customers requiring expansive video recording capabilities, in addition to remote viewing, administration and diagnostic reporting. Combined with the Alarm.com for Business offering, service providers partnered with Alarm.com now have solutions to accommodate commercial accounts of any size. 10. ADT Makes Multiple Acquisitions, Sells Canadian Operation Another North American security giant, ADT Inc., also had a busy year in mergers and acquisitions. In February, ADT acquired LifeShield, a pioneer in advanced wireless home security systems. In June ADT continued expanding capabilities and geographic reach via Red Hawk Fire & Security, ADT Commercial with the asset purchase agreement of Security Corporation, a commercial security integrator headquartered in Detroit, Mich. In November, ADT Commercial purchased Critical Systems, which specializes in enterprise-class fire alarm, fire suppression, life safety and integrated building security solutions for high-rise properties, healthcare campuses and data, manufacturing and distribution facilities in Atlanta. In October, ADT announced an agreement to sell its Canadian operations to TELUS Corp.
The explosive expansion of IT infrastructure has led to the identity and access management market gaining substantial momentum. As the onslaught of information technology continues, organizations are able to offer users quick and easy access to systems and information from any place, at any time. However the ease of access is inherently associated with the risk of security breach. Organizations have to find a balance between fulfilling user demands and doing so in a manner that is safe enough so that cybercriminals cannot take advantage of the system, thus strengthening identity and access management market trends. The prominence of IAM solutions in the BFSI sector In 2016, the world was shocked by the news of the Bangladesh bank heist in which cybercriminals were successful in conducting unauthorized money transfer from Bangladesh Central Bank to banks in Philippines, Sri Lanka and other parts of Asia. In the heist, criminals used Society for Worldwide Interbank Financial Telecommunication (SWIFT) credentials of Bangladesh Bank's employees to carry out more than three dozen fraudulent transactions and extracted $81 million from Bangladesh Central Bank. More than three dozen fraudulent transactions and extracted $81 million from Bangladesh Central Bank. More recently in 2018, hackers were able to siphon nearly $20 million from Mexican banks. Analysts point out that targeted bank systems had security holes that made access to internal servers much easier. Also lack of strong access controls was used by hackers to use credentials of compromised employee to gain considerable mileage in the siphoning. Identity and access management industry has therefore registered a lot of interest through the financial sector and banks as financial institutions need to prove themselves reliable of customers’ trust. Banks and other financial institutions are rapidly adopting identity and access management solutions which are capable of providing strong security starting at authentication level and extending all the way to application and data layers. IAM solutions make it possible for financial institutions to integrate new applications and deploy to cloud with greater ease and rapidity. With versatile hybrid deployment model provided by leading IAM solutions, connectivity to SaaS applications as well as legacy enterprise web applications happens more quickly as well as securely. IAM solutions make it possible for financial institutions to integrate new applications and deploy to cloud The significance of cloud and its impact on IAM market outlook Just as the banking sector is facing the challenge of identity authentication as customers around the world are demanding any time access, the proliferation of IoT and cloud technologies is changing the very texture of the society in multiple ways. With advancement in IoT technologies, the advent of smart cities has gathered considerable traction. While sensors have been installed in New York that can detect gunshots and alert police, the city of Boston has developed a mobile app helps citizens to report civic problems like burnt out streetlights and potholes. Cities like Paris, Oslo and Hong Kong have large internet- connected statues that are filled with moss to absorb air pollution and notify operators about malfunctions. The network of connected devices continues to expand and the rise of 5G connectivity is anticipated to be connecting traffic signals, air quality sensors, police patrol cars, etc., over the coming years. Reportedly there would be billions of connected devices around the world by 2020 which will naturally create immense opportunities for identity and access management industry players. This is because new security threats will continue to surface, as without proper security all connected devices are at the risk of being hacked. The evolution of the smart era – how will it impact IAM market dynamics? Connected devices that constitute the very fabric of smart cities are essentially IoT devices that would be in the field for the next ten fifteen years and therefore identity and access management must be built into the system from the beginning. As identities, keys and tokens have to be managed every time new devices are added, or old ones are removed and the cloud ecosystem is updated, the security components within devices have to be managed well to extend their lifecycle. Identity and access management must be built into the system from the beginning Not only cities but factories are also getting smarter. The term Industry 4.0 came to be first used when the German government used it to define the country’s strategy towards increased digitization in manufacturing. As technologies like IoT and cloud computing continued to expand, they came to be included in the term, and Industry 4.0 came to represent the ecosystem of Internet-connected machines with streamlined and automated workforce and reduced production costs. As the ecosystem continued to expand, trust and identity became important issues in order to ensure the integrity of a smart factory. Healthcare is rapidly becoming a fully digital environment IAM solutions – Influencing the coveted medical domain Other fields like healthcare have also not been impervious to the effects of technological transition. Healthcare is rapidly becoming a fully digital environment that has reaped the benefits of sophisticated IT tools in delivery of care. This has however exposed sensitive healthcare data to cybercriminals who had attempted to hold critical systems and patient records of hospitals to ransom. Healthcare is rapidly becoming a fully digital environment In recent years more than 80% of healthcare institutions have reported that they registered some degree of cyberattacks. Providers and users are increasingly operating from multiple locations, many of which are outside the hospital premises. With users demanding to access systems through a variety of devices, identity and access management has come to witness greater traction from healthcare providers. Over the coming years, the world will be rapidly adopting 5G networks. Though 5G promises much more speedy services for users and business ecosystems, the technology is also expected to impose greater responsibilities on confidentiality of user data and integrity of applications. Identity and access management industry players had been investing in expansive R&D as cyber threats continue to evolve and introduction of new technologies and advent of IoT drastically changes the relationship that users have with their devices. Identity and access management is expected to be useful when much more than personal information is at stake. When cyber criminals have the power to hold hospitals or traffic signals to ransom and disrupt daily lives, health and safety become a priority for authorities and security measures have to be tightened. For instance, after the bank heists in Mexico, the Mexican bank authorities have come to recognize the inevitability for the need of greater control and security of banking networks. Mexican banks have invested heavily over the last year in strengthening their defenses. As such measures against cyberattacks become the norm, identity and access management market is expected to register massive gains over the ensuing years.
Protecting against fire and security risks is an essential aspect of life for people and across all sectors. However, there is an increasing expectation and demand on fire and security providers, in areas such as education. The securitisation of our world paired with the rapid speed of communication and news updates means that young people especially have the potential to be more aware of potential dangers and threats to their own safety and the safety of those around them. Education institutions are large and sometimes sprawling sites that present considerable fire and security challenges. From Kindergartens to Colleges Each education site brings distinct challenges, with differing facilities and specialties, as well as the need to maintain the capacity of students, teachers and lecturers to study, learn and teach at the high level expected.Each education site brings distinct challenges, with differing facilities and specialties While some schools and universities are based in urban areas with a mix of heritage and high rise buildings, others are sprawled across green open spaces. Some of these sites have specialised sporting facilities, while others may be focused on engineering or scientific study, with costly technical equipment. Kindergartens and primary schools have their own unique requirements. Parents expect the highest safety standards, while schools require safety in addition to efficient facilities management. The demographic of these institutions is predominantly young children, who are often unaware of or only just learning about fire safety and personal safety. This creates a huge vulnerability and an added onus on teachers to keep their students safe. Facial recognition at West Academy of Beijing In response to this need, Chubb China upgraded the closed-circuit television (CCTV) system for Western Academy of Beijing (WAB) focusing on elevating video content analytic features, including maximised CCTV monitoring, automatic police calling, and a smart search solution. Complementing this, a facial recognition system capable of finding the exact location of a student on campus within 30 seconds was added, aided by real-time remote gate operation. This integrated and advanced system resulted won the "High Quality Educational Technology Suppliers for School" award for the WAB project at the 2019 BEED Asia Future Oriented Construction of Universities and Schools Seminar. This award recognizes outstanding solution design and project execution. Parents expect the highest safety standards, while schools require safety in addition to efficient facilities management Awareness remains important at university As students graduate from kindergarten, primary school, junior and senior school, they become more aware of fire safety, relevant dangers and how to protect themselves. Unfortunately, external dangers remain. There are particularly high stakes for university campus facilities managers The safety of students in a university environment is also critical. It is often the first time young people live away from their family home and have the independence of adulthood. For this reason, there are particularly high stakes for university campus facilities managers. In the eventuality of a fire, students could be at great risk and, beyond the immediacy of physical harm, this can have serious ramifications for the reputation of an educational institution. Integrated solutions Integrated solutions must be nimble and adapted to a range of site types including campus residences, recreational areas, open spaces and lecture theatres. Chubb Sicli recently identified and overcame these challenges through the installation of a full suite of fire safety and security equipment and services at Webster University Geneva. Established in Switzerland in 1978, Webster University Geneva is an accredited American university campus that offers programs in English to students interested in undergraduate or graduate-level education. Located in the Commune of Bellevue, just a few kilometres from Geneva's central station, the campus of Webster University Geneva includes five buildings in a park-style atmosphere. Full fire and security audit Chubb Sicli provided Webster’s fire extinguisher maintenance for over 25 years. This business relationship led to a full fire and security audit that identified the need for updates to the university’s security installation. The initial audit showed several improvements to the university’s security profile were needed.The challenge was to create and provide an effective and interconnected fire and security solution The challenge was to create and provide an effective and interconnected fire and security solution, enhancing the security of the student population and its ever-evolving needs. This included complete fire detection and intruder alarms for all five buildings, upgrades to existing CCTV systems, new video surveillance equipment and an automated fire extinguishing system in the kitchen areas. In addition to this integrated system solution, Webster University required access control for all main entrances, with the requirement that all documentation to be made available in English, because Webster is an American company. Customized solution Chubb Sicli’s quality, capability, and security expertise provided a customized solution for the unique educational establishment. Not only was the solution both tailored and integrated, the approach and planning were based on audit, fire extinguisher and emergency light maintenance, fire detection, intrusion detection, access control, video surveillance and Fire Detection. Through dedicated and integrated fire safety support, Chubb provides students and families peace of mind and security. From the moment a young child enters the education system, Chubb’s diligent and effective surveillance and fire safety systems work to prevent and protect, offering a new kind of ‘end-to-end’ service for education systems around the world.
Most customers interface with their financial institutions using automated teller machines (ATMs), which have security issues. However, there are solutions available to combat all current security threats, and the cost of protection is coming down. The ATM industry is therefore in a position to minimize losses, while ensuring consumers continue to get the vital cash they need to lead their daily lives. It is important for the ATM industry to constantly innovate to meet new security challenges. So what innovations are we going to see in the next five years? Contactless technology Contactless technology will be a great help against ATM skimming, in which criminals steal personal information at ATM machines. Contactless is already being used in some European countries, and the number is increasing. Not having to insert a card into the ATM removes the opportunity to trap cards and also gets around the problem of “foreign” devices installed to read cards. So contactless technology, which some saw as the end of cash, can help make ATMs and cash more secure. Data capture form to appear here! Not having to insert a card into the ATM removes the opportunity to trap cards Biometrics are certain to be used increasingly to bolster ATM security. Finger, palm, vein, iris and facial recognition all have potential in this respect. Any of these may in the future be used with or without cards, PINs and one-time codes. Speed of operation in relation to biometrics could ultimately govern their use at ATMs. There may also be privacy issues that need to be addressed. The ATM vestibule environment must add security with proper security and surveillance equipment. ATM vestibules, or lobbies, are installed for many good reasons. For one, more convenient, 24/7 locations equals better customer retention for a bank, offering comfort and convenience. 24/7 access to ATMs, night drops, coin counters, online banking kiosks, and other self-service solutions are very much in demand. Second, ATM vestibules protect customers from inclement weather and provide a more comfortable banking environment (however, vagrancy can be an issue; therefore ATM vestibules should require card access). Security and surveillance solutions can’t just be for show. ATMs and crime A new crime wave is hitting automated teller machines (ATMs); the common banking appliances are being rigged to spit out their entire cash supplies into a criminal’s waiting hands. The common banking appliances are being rigged to spit out their entire cash supplies into a criminal’s waiting hands The crime is called “ATM jackpotting” and has targeted banking machines located in grocery shops, pharmacies and other locations in Taiwan, Europe, Latin America and the United States. Rough estimates place the total amount of global losses at up to $60 million. The protection of ATMs ATMs in supermarkets and pharmacies tend to be targeted because they may not be as well-protected, and store personnel likely would not know who is authorized to work on the ATM. In contrast, anyone approaching an ATM at a bank location would be more likely to be challenged. ATM jackpotting originated back in 2010 when Barnaby Jack, a New Zealand hacker and computer expert, demonstrated how he could exploit two ATMs and make them dispense cash on the stage at the Black Hat computer security conference in Las Vegas. Since then, malware has been created and made available on the “Dark Web” that can instruct an ATM to dispense all its cash on demand. ATM jackpotting ATM jackpotting is a combination of a physical crime and a cyberattack ATM jackpotting is a combination of a physical crime and a cyberattack. Typically, a criminal with a fake ID enters a grocery shop or pharmacy posing as an ATM technician, then uses a crowbar to open the top of the ATM – the “top hat” – to gain access to the personal computer that operates the machine. Once he or she has access to the PC, they remove the hard drive, disable any anti-virus software, install a malware program, replace the hard drive and then reboot the computer. The whole operation takes about 30 seconds. The malware then enables the thief to remotely control the ATM and direct it to dispense all its cash on command. If a legitimate customer approaches the machine in the meantime, it can operate as usual until activated otherwise by the malware. Catch up on part one and part two of our banking security mini series.
It is an exciting time at German intelligent video company MOBOTIX, which has launched a next-generation platform that builds on their legacy of video at the edge while opening up the system to third-party partners that can build even more capabilities. MOBOTIX unveiled the new M7 platform and M73 camera at the MOBOTIX Global Partner Conference in Mainz, Germany, in October. MOBOTIX M7 is a powerful, decentralized and secure modular IoT-video system based on deep learning modules. The feedback has been “overwhelming,” says MOBOTIX CEO Thomas Lausten. The new technology will also be featured in the United States at the 2020 MOBOTIX Partner Summit in Hollywood, Fla., in January. A different video surveillance "What you see is a different way of doing video surveillance,” says Lausten. “Our focus on the edge is the difference between us and other companies.” The new MOBOTIX 7 open solution provides an “edge platform” that can be used for a variety of applications, which are provided as “apps” that leverage the platform’s hardware for specific uses, from object detection to face detection to people counting. The new M75 high-end camera incorporates the new platform. The MOBOTIX application programming interface (API) makes it possible for hundreds more apps to be developed over time Currently there are 19 apps available to empower various applications, and availability of the MOBOTIX application programming interface (API) makes it possible for hundreds more apps to be developed over time. If a MOBOTIX partner creates a new app for a specific project, “now he can use it not just for one project but can put it in the app store and sell it all over the world,” says MOBOTIX CTO Hartmut Sprave. Field Programmable Gate Array The new MOBOTIX platform uses Field Programmable Gate Array (FPGA) integrated circuits that provide flexibility and versatility to be adapted to a variety of needs, from deep learning, to higher resolution, or to use with a variety of sensors, such as color, black-and-white or night vision cameras, temperature sensors or microphones. “We can literally include any sensor requested by the market,” says Lausten. The new camera can also be used for age analysis, crowd management or traffic analysis. It can even be used for fire or biohazard detection, incorporating thermal sensors and deep learning. MOBOTIX have added to their legacy of video with a next generation platform Partnerships MOBOTIX developed its new platform in conjunction with Konica Minolta, which owns a majority share of the German manufacturer. The combined knowledge of the two companies created the new platform, with most of the engineering done in Germany. Konica Minolta provided an object detection algorithm, for example, and deep learning capabilities that are being used with the cameras. The two companies are also developing the business together. “They are rolling out our technology on their website throughout the world,” says Lausten. “We are basically part of a global development organization.” MOBOTIX developed its new platform in conjunction with Konica Minolta The new platform is also completely compatible with legacy MOBOTIX systems: “We have added what we need to what we have,” says Lausten. Cybersecurity is a top priority for MOBOTIX. “With our camera, everything is under our control, every single line of code, and we do all the penetration testing and everything is safe,” says Sprave. In fact, MOBOTIX won the French "Trophée de la Sécurité 2019" Gold Award in the cybersecurity category for the MOBOTIX Cactus Concept, which refers to the fact that all the modules in the MOBOTIX system have “digital thorns” that protect them from unauthorized access. End-to-end encryption is used with no blind spots. Driven by cybersecurity Stronger cybersecurity and a focus on edge devices makes MOBOTIX inherently more cybersecure than a system of networked low-cost cameras, each of which could present a possible cyber-vulnerability. Stronger cybersecurity and a focus on edge devices makes MOBOTIX inherently more cybersecure The flexibility of the MOBOTIX platform expands its utility beyond security to include broader business functions. For example, the same camera that can detect criminals with face recognition can track where people are moving in a retail store, and even analyze age or demographics of customers to track buying patterns. “Cameras are required to think and process at the edge, and that is where we see a lot of focus going, driven by cybersecurity,” Lausten says. Lausten sees opportunity for even faster growth in the U.S. market, where they already have 30 or 40 partners. In the near term, there will be large opportunities provided by the U.S. trend toward “Chinese skepticism,” and cybersecurity concerns that have plagued the lower-cost Chinese imports. MOBOTIX products are proudly “Made in Germany.”
In the banking world, the threat of unwanted intrusions into premises leading to loss of property and even risk to life is always present. Small wonder then that banking institutions take so much care over their security systems and also over their choice of suppliers for those products. In the retail banking sector, requirements for intrusion detection and related security measures are necessarily more stringent and more specialized than in most other areas of business and commerce. Data capture form to appear here! The banks clearly need to work with suppliers whose integrity is beyond question. They should also be looking for organizations that can offer expert advice, gained through their knowledge of design and manufacturing security products. Systems need specialist installer partners in order to provide a seamless solution. Systems need specialist installer partners in order to provide a seamless solution The special requirements of the banking sector These supplier organizations must also fully understand the special requirements of the banking sector and, ideally, should be able to demonstrate proven experience in that sector. They must also be willing and able to work with the bank as a partner, to find better ways of addressing old threats and to develop effective measures to counter new ones. Video is a big component of providing security, and variable lighting conditions pose a persistent challenge in video surveillance applications such as large banks and financial institutions. Typically, these venues include an abundance of windows. The resulting excessive light can damage video image quality, by flooding the image plane of the surveillance camera. Dramatic differences between light and dark areas complicate the ability of video cameras to view someone standing in the shadows. A contrasting lack of windows at teller stations can result in dim lighting, equally damaging video image quality, in critical surveillance areas where clear, detailed images are needed the most. Stark contrasts between white and black levels in video images can obliterate faces and finer details of a subject when in a darker area. Particularly, this happens when a person is amid dark internal lighting, with his/her back to the sun. Data capture form to appear here! A new network architecture When upgrading a bank’s digital security system, a new network architecture needs to be created. Usually, this means switching from DVRs to NVR servers. As a result, network switches attach to the camera allowing for easier future system expansion. Along with the newly gained scalability, throughput performance on servers can achieve significantly higher levels. Servers, networking and workstations provide enterprise-quality performance for all financial projects, regardless of size. Servers, networking and workstations provide enterprise-quality performance for all financial projects Implementing a complete video solution with high-performance servers, modern networking protocols and powerful workstations is now possible in financial institutions, even for small projects. Servers, networking and workstations provide enterprise-quality performance for all financial projects, regardless of size. Software is also part of the solution. A new software platform helps banks and credit unions simplify, modernize, and automate security, surveillance and fraud investigations across their enterprise. The platform eases the daily challenges security investigators face. It simplifies and reduces the time to access live and recorded video through an intuitive interface, empowering users to quickly find the data needed to eliminate risks while increasing productivity. With an enhanced user experience, investigators can reduce training time, align investigation workflow, streamline video sharing, and focus on more critical tasks. The fraud and security challenges banks contend with can be overwhelming, but prompt action is necessary to limit the damage that can greatly affect customers, employees, and the brand. When an incident occurs, investigators must turn to innovative security tools to be able to swiftly locate and analyze data. But these solutions are typically complex to use and manage. Investigators must turn to innovative security tools to be able to swiftly locate and analyze data Changing work environments The changing work environment of financial institutions is impacting security needs. A credit union in Australia operates an innovative, modern working environment that utilizes flexible workspaces in place of traditional desks. Staff are not allocated a specific desk but instead choose where they wish to sit each day. To facilitate the operation of the flexible work environment and provide employees with storage for their personal effects (work-related material is stored elsewhere), the credit union uses banks of brightly colored lockers that are managed by electronic access control. Using Gallagher’s smartcard, multi-technology T20 and T10 readers on each locker bank, staff badge their access card to open their allocated locker. With the readers communicating with Gallagher’s Command Center software management platform, the credit union has a simple-to-operate, customizable system that enables staff to carry just one card on site. Read part one and part three of our banking security mini series.
Financial institutions of all sizes demand simple, reliable solutions to protect against fraud, theft, and accidents in the workplace. Advancements in camera resolution and storage capabilities have put pressure on banks and credit unions to upgrade their video surveillance systems. Upgrading to a modern, economical NVR server will greatly increase system performance and scalability for small-budget projects with benefits seen across both loss prevention and business insights. Reliable High Performance However, not all banks have the same security budget as large institutions. This makes high-power, custom-built solutions seem unrealistic; however, small projects featuring bandwidth limitations need to retain the ability to scale up depending on future surveillance demands. Before any system expansion can occur, reliable high-performance must be established. White-box solutions compromise quality and underperform when exposed to the tough requirements of the financial security market. Fortunately, custom-built, video-optimized solutions are not exclusive to large multinational financial institutions. Network Architecture When upgrading an ineffective digital security system, a new network architecture needs to be created. Usually, this means switching from DVR to NVR servers. As a result, network switches attach to the camera allowing for easier future system expansion. Along with the newly gained scalability, throughput performance on servers can achieve significantly higher levels.BCDVideo offers servers, networking and workstations that provide enterprise-quality performance for all financial projects, regardless of size Implementing a complete video solution with high-performance servers, modern networking protocols and powerful workstations in financial institutions is now possible, even for small projects. BCDVideo offers servers, networking and workstations that provide enterprise-quality performance for all financial projects, regardless of size. The Benchmark Magazine 2016 Infrastructure award winner Aurora Server Series earns its name by marking the dawn of a new era in DVR replacement. Small-budget projects that have previously succumbed to the pressure of sacrificing quality for short-term savings now have access to servers with redundant power, 12Gbps RAID controller with 2GB of Flash Based Write Cache, hot-pluggable helium hard drive, and 10,000 PassMark rated CPUs. These big project features fit price-conscious budgets while maintaining the high-performance found in enterprise surveillance. BCDVideo Titan Networking The Titan Networking Series is priced well below standard to ensure project size and scope does not prevent an integrator from deploying a complete networking solution. Without the added cost of a networking engineer, savings reach into the thousands. Additionally, by using cutting-edge technology like Shortest Path Bridging, Titan switches, backed by a five-year, on-site warranty, will run at a high-level for years. The Gamma Series workstations fill the void in commercial and enterprise environments. Ideal for access control and IP video surveillance, they are powerful enough to render high-quality megapixel images for applications running 24/7. Optimized for advanced graphics and video capabilities, smaller projects can use the Gamma Series as both a video recorder and viewer.
To the lay person they appear to be simple LED light spots going back to the original style of illumination of the old 1800s palace (1876) that currently houses the Italian Ministry of Economy and Finance, and that historically represents the first great building of the newly reborn Roman capital, as commissioned by the former Minister Quintino Sella. Hidden In Plain Sight The carefully hidden technology, however, transforms each of the 20 light points (appropriately designated “Roma lights”) decorating the external perimeter into a state-of-the-art tool to guarantee the security of the public in the area around the Ministry. The transformation is executed thanks to the internal installation of IP cameras produced and distributed world-wide by the German company MOBOTIX, equipped with software for recording and processing the images. Notwithstanding the innovation of the performance, the new lighting systems are perfectly integrated, from an aesthetic point of view, with the historic palace where they are installed: A very advanced system, therefore, in terms of technology, but completely hidden inside a design in perfect harmony with the place where the light spot is installed, as envisioned and implemented by Dr. Massimo Belli, Appointed Administrator of the Ministry of Economy and Finance, Dr. Umberto Dall’Aglio, Director of the VI Office of the IV Department of the Ministry and by Architect Gianluca Canofeni, Director of the Works and Technical Administrator of the IV Department. High Efficiency At A Low Cost The transformation is executed thanks to the internal installation of IP cameras produced and distributed by MOBOTIX “The motivation for the project was multifaceted: On the one hand to realize a control system based upon state-of-the-art video surveillance tools, and on the other hand implementing a new lighting project to substantially reduce electricity consumption – within the scope of energy efficiency –, guaranteeing at the same time a much longer useful life, and as a result a substantial reduction of maintenance costs”, said Lieutenant Colonel Saverio La Monaca, chief of the Central Security Organization of the Ministry. As per the costs, the analysis carried out by the Ghisamestieri teams, obviously as a function of the actual system utilization give a clear picture: It is foreseen that the initial investment will be recouped within only 4 or 5 years and economic savings of even 50% between the fifth and fifteenth year of useful life of the system. With respect to energy savings, MOBOTIX’ video cameras provide a further guarantee, since their energy consumption is extremely low in comparison with other technologies present on the market: about 4 to 6 watts per hour. MOBOTIX DualDome Cameras The project, comprises today 20 wall light spots installed in strategic positions throughout the Ministry. Each shelf hides inside 2 MOBOTIX DualDome cameras with 180 degrees field of view, for an overall total of 40 high-resolution IP security cameras. The images can be recorded inside the cameras 24/7 (color, and black and white) to be viewed at the control center located inside the Ministry building. The security personnel belonging to the military branch of the Financial Guard manage the complete video surveillance apparatus and constantly monitor the images of the cameras in real time. 10 wireless routers manufactured by the young Italian company 3WLan, are installed inside a similar number of wall brackets and are capable of guaranteeing the bi-directional Wi-Fi link between the control center and the patrols active outside the palace. This is possible thanks to an authentication on a RADIUS server that identifies the access permissions of the router on a list of authorized equipment. Exchange Data And Images In Real Time The new wireless system guarantees much more reduced operating expenses against a much more intensive use profile" “Especially in case of demonstrations, which is actually very common, our security operators are involved in the so-called pacification operations outside the palace for the purpose of first of all protecting the ministerial magistrates. These are carried out both on foot and inside our patrols – which implies the need to rapidly cross-check the owner of a particular vehicle or verifying the personal data on passports and identification documents. "Before installing the new intelligent light spots we relied on a GSM system that was, however, very expensive. The new wireless system guarantees much more reduced operating expenses against a much more intensive use profile”, added Giancarlo Varvo, who is responsible for security. The video surveillance technology available on the patrol vehicles, which are also equipped with tools to read license plates, or palmtop operating systems (also known as explorers) supplied to foot patrols, once within the radius of coverage of the poles equipped with Wi-Fi antennas, have the option of exchanging data and images with the operations center inside the Ministry by means of a recognition system. Furthermore, by connecting to a specific IP address, external patrols have the possibility to view the images recorded by a specific video camera in real time. Remote Day/Night Illumination Management Each support is also equipped with a remote switch that allows managing the illumination and video surveillance functions completely autonomously and independently from each other. While the light source turns on at dusk and switches off at sunrise, the cameras continue functioning 24/7, according to the specific settings they may record both in continuous mode or trigger upon an event, such as the movement of a pedestrian, or a sound. The cameras placed close to the entrances of the Ministry are capable of sending alerts in real time to the operations center, or activating a bollard along the perimeter thanks to an automatic vehicle license plate reading system. In fact, the operations room located inside the Ministry remotely controls the recording of more than 1,600 cameras" Nothing to object about the support of the engineers of Ghisamestieri, that proved to beat all times available and collaborative in answering the requirements of the Ministry. Also, no complaints about Genius, a unique world-wide illumination solution, capable of offering high level design and advanced technology in a single solution. No objections about the technology made in Germany of MOBOTIX. Securing The Facility With Additional Cameras “In addition to the project implemented with Ghisamestieri, we employed the technology of MOBOTIX also for other types of requirements, still obviously related to the security of the Ministry: 36 AllroundMono security cameras have already been installed on the roof of the palace to check potential attacks for instance through the air vent conduits to the so-called Tempest room, a completely aseptic environment for the protection of communications inside the Ministry. "In fact, the operations room located inside the Ministry remotely controls the recording of more than 1,600 cameras installed in various facilities connected to the department”, underscores Varvo. The light spots installed in Rome find their place in a wider project, where any illumination support can potentially serve as a technology node. Named “Genius” by their creators, regardless of the design or aesthetic form, any light spot is potentially capable of becoming a true security center, perfectly integrated from the aesthetic and urban points of view into city decor. Equipped with microphones and speakers, MOBOTIX’ cameras can put the citizens in touch with the operations centers of the police or ambulances by means of special buttons placed at the base of the pole or through the implementation of an RFID or magnetic strip identification system. “With respect to traditional poles with well-visible cameras installed outdoors, Genius represents a true video security system, not just a simple crime deterrent”, concluded Varvo.
PVcomBank, one of Vietnam’s fastest growing and most progressive banks, has acquired a cutting-edge March Networks video surveillance system. Established in 2013 through a merger of PetroVietnam Finance Corporation and WesternBank, the Hanoi-based financial institution is a joint stock commercial bank with 115 branches throughout the country. Shareholders include Petro Vietnam with a 52 percent stake and Morgan Stanley with a 6.7 percent strategic interest. Prior to selecting the March Networks technology, PVcomBank had a variety of different video surveillance systems installed throughout its branch network. The bank wanted to upgrade to a high-performance solution it could eventually standardize on for all of its retail branches, ATMs and corporate offices, and centrally manage from its headquarters in Hanoi. “The March Networks system gives us the central management capability that we didn’t have before. It’s also reliable, user friendly and provides us with excellent quality video.” Enterprise-Class Video Surveillance The enterprise-class March Networks system PVcomBank is now deploying consists of 8000 Series Hybrid NVRs, Command Enterprise video management software and hundreds of March Networks IP cameras, including MegaPX WDR MiniDomes Zs and MegaPX Indoor IR Domes.More than 450 banks and credit unions worldwide rely on March Networks’ intelligent IP video solutions to keep their customers and employees safe PVcomBank relied on the advice of Intelligent Building Solutions (IBS), a security systems integrator and March Networks certified partner with offices in Hanoi, Ho Chi Minh City, Singapore and Phnom Penh. “We wanted to upgrade to a high quality, enterprise system with central management and health monitoring,” said Nguyen Manh Hai, PVcomBank. “IBS recommended March Networks because of its track record as a global leader in the delivery of video surveillance solutions to the financial sector.” More than 450 banks and credit unions worldwide rely on March Networks’ intelligent IP video solutions to keep their customers and employees safe, and help reduce losses due to fraud, theft and liability claims. IBS, a supplier of security and building automation products, including video surveillance, access control and intrusion detection systems, began rolling out the March Networks system across PVcomBank’s branch network in June 2015 and expects to complete the deployment by the end of 2016. Hybrid Capability Results In Lower Costs The hybrid capability of the March Networks 8000 Series NVRs is ideal because, in addition to approximately 250 new March Networks IP cameras, PVcomBank opted to continue using analog cameras from its previous video surveillance systems. Continuing to use its existing cameras with the March Networks system kept costs down and resulted in noticeably improved video quality from the analog cameras. Access to video is restricted to the bank’s security staff and used to obtain evidence of burglaries, fraud and other reported incidents. Eight and 16-channel NVRs are equipped with 6 and 8 TB of onboard storage, respectively — sufficient for approximately 60 days of video retention. The 8000 Series recorders are available in 4, 8, 16 and 32 channel models and can accommodate two simultaneous recording streams — one lower resolution stream for viewing online, and another full resolution, full frame rate version for investigation purposes. Built for maximum reliability, they feature a secure Linux operating system to better protect against viruses and malware, and an internal battery backup for systematic shutdown in the event of power loss.The 8000 Series recorders can accommodate two simultaneous recording streams The 8000 Series recorders are also designed for easy maintenance with docking station architecture that keeps all cables securely connected to the back of the unit for faster, more convenient installation and servicing. Technicians can also take advantage of March Networks’ industry-first GURU Smartphone Application to scan the QR code on any 8000 Series NVR to quickly find the recorder’s serial number and warranty status, speed troubleshooting, link to video tutorials and use an installation audit feature to run automated reports on the video system’s configuration complete with camera field-of-views. Simplifying Day-To-Day System Administration The Command Enterprise video management software used by PVcomBank simplifies day-to-day system administration with centralized management and mass configuration tools, and provides real-time health monitoring that alerts administrators to performance issues. A customisable user interface with motion histogram and thumbnail images allows investigators to quickly zero in on video evidence. “We are very pleased with our March Networks video surveillance system,” said Nguyen Manh Hai. “We worked closely with IBS, our security systems integrator, to select a system that would meet all of our needs. The March Networks system gives us the central management capability that we didn’t have before. It’s also reliable, user friendly and provides us with excellent quality video.”
Customer: The Absa Group Limited is one of South Africa’s largest financial services groups, offering a complete range of banking and wealth management products and services. Absa Bank's business is primarily in South Africa, and the group has equity holdings in banks in Mozambique and Tanzania. Absa is a subsidiary of Barclays Bank, a major global financial services provider with an extensive international presence in Europe, the United States, Africa and Asia. Challenge: Absa Bank’s objective was to streamline its processes and reduce costs while maintaining a clear focus on the individual customer’s experience. Their decision to deploy megapixel network cameras in a proof-of-concept video surveillance installation was based on leveraging the greater system efficiencies, functionality and superior image quality of megapixel technology. Megapixel Solution: The new security surveillance system at Absa Bank was installed by AV Enforce Electronics (AVEE) of South Africa. The system employs Arecont Vision's 2.0 and 3.0 Megapixel Cameras positioned behind teller stations to closely monitor transactions between bank employees and clients. In addition, Arecont Vision's 8 Megapixel 180-degree and 360-degree Panoramic Cameras (AV8185 and AV8365) watch over customer queues, automated teller machines (ATMs) and the general banking hall with extreme image detail. Each Arecont Vision megapixel camera at the Absa Bank installation is connected to a power-over-Ethernet network switch that serves as the network video connection and also as the power source to the camera. Cameras are recorded on Luxriot network video recorders. The system is monitored locally by authorized management personnel. Arecont Vision's AV3105 3-Megapixel Camera uses a ½ inch CMOS sensor to provide 2048x1536-pixel progressive scan images at up to 15 frames per second (fps). The camera is built with Arecont Vision's massively-parallel MegaVideo technology, providing image processing at billions of operations per second. It can output multiple image formats of larger areas to allow simultaneous viewing of the full resolution field of view and regions of interest. The Arecont Vision AV2105 2-Megapixel Camera provides 1600x1200-pixel video at up to 24 fps, with light sensitivity of 0.1 lux at F1.4. Features include forensic zooming on archived video, region-of-interest views, as well as image cropping and motion detection. The panoramic view cameras used at the Absa Bank proof-of-concept installation are the 180-degree Arecont Vision AV8185 and 360-degree Arecont Vision AV8365 8-Megapixel Cameras. Both models employ four 2-megapixel sensors enclosed in 6-inch IP66-rated domes and provide up to 6400x1200-pixel images at 5.5 fps. The cameras can be set for lower resolutions at higher frame speeds, such as 1600x1200-pixel images at 22 fps or 800x600-pixel images at 88 fps. The cameras also use Arecont Vision MegaVideo video processing at billions of operations per second. Light sensitivity is 0.2 lux at F2.0, and the cameras provide image cropping and up to four regions-of-interest. “Arecont Vision outperforms all the current competitors,” said Alex De Barros of AV Enforce. “The price compared to analog cameras is better considering the fact that you gain so much. We were able to capture images for the bank that were never achieved before.” Megapixel Benefit: The proof-of-concept system atAbsa Bank has demonstratedthat megapixel cameras aresuitable for applications inthe banking environment andrepresent a significant upgradein system functionality comparedto standard-resolution cameras Arecont Vision megapixel network cameras use H.264 compression to minimize bandwidth and storage needs and are available at costs comparable to standard-resolution alternatives. Megapixel images provide much more detail in playback mode for forensic investigations. Operators can zoom in for up-close views on stored images. They can view specific parts of a larger image, such as a person's face. A benefit for Absa Bank is creation of a database of suspected criminals to allow operators to identify them easily. The use of megapixel video enables a larger area to be covered with fewer cameras, which reduces overall system cost which make it easier to realize ROI. Higher-resolution images boost the functionality of systems, enabling pristine image quality at industry-leading high frame rates, while minimizing bandwidth usage with H.264 video compression. The proof-of-concept system at Absa Bank has demonstrated that megapixel cameras are suitable for applications in the banking environment and represent a significant upgrade in system functionality compared to standard-resolution cameras. In addition to lower bandwidth and storage requirements, megapixel cameras can dramatically decrease costs related to other elements of a system, such as fewer software licenses, less cabling, fewer lenses, and a decrease in man-hours needed to bring it all together. “There is a lot at stake in the banking environment, and megapixel imaging can vastly improve the performance of the video surveillance systems in this important market,” said Ethan Maxon, Middle East and Africa Regional Sales Manager of Arecont Vision. “We continue to spread the word about the unparalleled image quality and resolution of Arecont Vision's megapixel IP video cameras. It's good to know that Absa Bank has experienced those benefits first-hand.”
Founded in 1877, Banco de Costa Rica (BCR) is the second-largest state-owned bank in Costa Rica. Today, BCR provides a broad range of financial services, including retail banking.Looking to protect its staff, buildings and financial assets, BCR has set upon a major project that will see its 4,500 employees, in 278 offices across Costa Rica, protected by an integrated hybrid CCTV and alarm system. The fundamental characteristic of the project is its implementation over unshielded twisted-pair (UTP) structured cabling networks, which will allow the use of legacy equipment to be integrated into a scheme that paves the way for migration to security solutions based entirely on this transmission media.Network Video Technologies (NVT) UTP CCTV video transmission equipment plays a fundamental role in the hybrid solution, enabling both legacy and new systems to be combined, delivering high-quality real-time video over large distances; to help ensure a measured and rapid response by the bank to any alarm scenario.One of the most important government financial institutions in Costa Rica, BCR was previously protected by a CCTV system based on coax cable and using monochrome cameras. Consequently, one of the aims of the bank's directors in implementing the new solution was to unify all of its systems to operate over UTP networks.Protection on multiple frontsThe new solution will encompass the bank's 278 branches, public offices and administrative buildings across Costa Rica, 450 buildings in total. Randall Ruiz Parajeles, the Bank's Director of Electronic Security explains about the project roll out: "At the moment 80% of the bank's buildings are covered, thanks to the installation of NVT video transmission equipment. Our aim was to improve video signal quality, eliminate interference noise, and most importantly, using NVT technology we will be greatly extending the video transmission distances without suffering video quality losses, which is what happens with coax."From coaxial to hybrid systemsBanco de Costa Rica has always had a surveillance system, the purpose of which was to protect the security of visitors to each of the bank's offices, as well as their money. These consisted of analog recording systems and standard-resolution monochrome cameras, with transmission via coaxial cables. Analogue recording systems as well as standard resolution monochrome cameras were included in the solution from NVT "For the system-wide renewal, the number of cameras has been increased, but many of them were re-used," explains Parajeles. "There are currently more than 4,500 NVT UTP transmission links installed that transmit the camera video over twisted pairs, using high-resolution day/night and low-light equipment. As for the recording systems, we are using digital equipment that works over the IP network.""It should be noted that NVT equipment was installed right from the start of the renewal programme. NVT allowed us to retain existing equipment as an infrastructure and adapt it to work with the newer devices, making this match between the two without having to discard units that might still give us some useful working life. We were able to integrate these units with the new ones in a manner entirely transparent to the monitoring personnel, who are now able to have everything integrated seamlessly on a single platform."The current configuration of the security system, installed by Seguridad y Protección de Centro América, has a threefold purpose: it is intended to be dissuasive, but also persuasive, and to allow verification of the events reported by the alarms. In this sense, it can be said that it is designed for both supervision and recording.But a major component of the system is the automation programme. This means that the CCTV system is complemented by the alarm system, which, when an event occurs, generates pop-up windows in the control center. There is also a link to the lighting systems, so that when an alarm is given, the lights in a particular area are switched on.The cameras and PTZ domes installed in the system are all Pelco models. Recording is carried out by Honeywell Rapid Eye units. In total, around 450 recording units have been installed. NVT technology allows extending the video transmission distances without suffering video quality losses A fundamental decision: hybrid instead of IPHowever, a review of the characteristics of this system immediately prompts a question. If the system was designed to run over UTP based structured networks, why implement a hybrid model instead of installing end-to-end IP.Parajeles explains that the use of UTP and NVT devices allows the linking of analog and digital equipment on a given IP network helps businesses to start down the road towards a single-stage system, because they are designed to work over structured cabling. "For us, it was rather difficult to install IP cameras because of bandwidth considerations, the quantity of IP addresses needed and the infrastructure that would require us to have individual physical connections for each camera in each branch. After looking into the matter, we could not find an IP camera that would, on its own, allow us to transmit over the network without adversely affecting the establishment's bandwidth."High-satisfaction technologyWhen a large institution implements such an important project, it is looking to simplify its operation and enhance its ability to respond when that operation finds itself put to the test. From this point of view, it can be declared that Banco de Costa Rica has fully met its target, in terms of guarantees, ease of installation and professional achievements; NVT has become an important ally.Summarising the entire process, Parajeles concludes: "This is an investment that will pay for itself over time. And because the quality of the NVT equipment is so good, visits to the sites of the various installations have also been reduced."
Security for banks can be a real challenge when faced with a multitude of threats including: fraud, theft and physical attacks. One bank which is setting new standards in the Middle East, when it comes to the application of surveillance technology to keep its infrastructure, staff and customers safe and secure, is National Bank of Kuwait (NBK). This is thanks to the roll out of an advanced NetVu Connected CCTV solution from Dedicated Micros part of AD Group which is focused on the centralized monitoring of all of its branches and critical ATM infrastructure.Awarded the Best Bank in the Middle East 2010 accolade by EuroMoney, National Bank of Kuwait (NBK), which was incorporated in 1952 as the first indigenous bank in the entire Gulf region, remains the preeminent banking institution in Kuwait as well as being an established banking franchise across the Middle East and supporting a large branch network, spanning 17 countries, including many of the world's financial and business centers.Dedicated Micros connection with National Bank of Kuwait stretches back over four years. The catalyst for the surveillance specialist being brought on board for this ambitious ATM protection project was the bank's dissatisfaction with the CCTV solutions it tested from other providers. A spokesperson for the Engineering Services Division, NBK, takes up the story: "We looked at and tested several brands of DVRs as potential answers to our pressing ATM surveillance needs before deciding to go ultimately with Dedicated Micros. The solutions that fell by the wayside were simply too cumbersome and complicated in terms of all the extra equipment (and software licenses) that would have been required to activate the functionality we wanted. This was in stark contrast to Dedicated Micros which was able to meet our needs based around an effective hardware-based package." Said Salim Idris, General Manager (Middle East), Dedicated Micros: "When contacted by NBK we were delighted to assist Kuwait's foremost banking establishment, not only were we able to demonstrate that we had the solutions available, such as the DV-IP ATM, that could address their specific requirements head-on, without lots of add-ons, but could also point to an unparallelled track record. To put our extensive experience, protecting the banking sector, into some sort of context, across the Gulf Cooperation Council area alone, we can now count 10 major banks - in Bahrain, Dubai, Kuwait, Oman, Qatar and Saudi Arabia - as customers. Significantly, as our CCTV systems are embedded, rather than PC based, they are recognized for their stability - essential in the banking environment - whereas PC dependent solutions have a reputation for crashing without warning."ATM FocusLooking in more detail at the systems from Dedicated Micros which have been put in place at NBK, since 2006, to support the effective monitoring of vital local and overseas ATM related infrastructure. These comprise 28 individual DV-IP ATM units which are used primarily to protect standalone Automated Teller Machines, with numbers expected to rise as part of the ongoing ATM project. There are also 145 NetVu Connected DS2 DVRs, with typically two systems connected at each National Bank of Kuwait branch plus an associated RAID (Redundant Array of Independent Disks) unit giving additional storage capacity to the existing internal hard disk of the DVR.This set-up offers redundancy and resilience to ensure any recorded video images are securely stored. In the case of the larger Dubai branch this combination was doubled up and four (DS2s and RAIDs) were installed at NBK's extensive Bahrain site. To help with the management of the geographically dispersed NetVu Connected CCTV infrastructure, at an early stage, Dedicated Micros was called upon to assist NBK in the setting-up of centralized monitoring from a control room. This was achieved by deploying NetVu Observer video management software to allow operators to seamlessly view distributed images from any NetVu Connected product. DV-IP ATM units from Dedicated Micros have proved useful in making transactions more secure and safe The robust DV-IP ATM units specified for the National Bank of Kuwait project are designed to work, primarily, within the confines of an Automated Teller Machine. Certainly the security challenges with regards to banking are most keenly felt when it comes to the safe operation of Automated Teller Machines (ATMs) whose accessibility makes them a convenient target for card skimming, shoulder surfing, and even physical theft from customers. It is CCTV systems, specifically remotely accessible DVRs, that are at the very heart of efforts to deal with these types of threat.Combining Video and Transaction DataThe Dedicated DV-IP ATM, based on NetVu Connected technology which ensures its interoperability with other DM and AD Group systems, is able to process transaction data which is then recorded with video footage. Post event analysis, via a powerful text search engine, provides video imagery of the ATM user plus the associated transaction information. For NBK this allows security staff to deal with any fraudulent activity and ensures that customer services representatives are well placed to quickly resolve any genuine customer withdrawal disputes.Marrying up the DS2 DVRs with RAID units at every NBK branch, also facilitated the effective monitoring of each location including the in-branch ATMs not covered by the DV-IP ATMs. With, in this case, the cameras in the ATMs connected to the DVRs which had been specifically programmed to have the capability to associate transaction data with the appropriate video footage.The ability of both the DV-IP ATM systems and DS2 DVRs, deployed for the NBK project, to apply Dedicated Micros' TransCoding technology to record evidential quality MJPEG locally and simultaneously support low bit rate data streaming in MPEG-4 compression format for remote viewing has proved to be advantageous in keeping bandwidth demands on NBK's network to an absolute minimum. Of course local recording (including the additional capacity provided by the RAID units) has the added benefit that, even in the event of a network failure, recording is not interrupted or vital evidence lost. Adding-Up the Benefits NetVu connected solution from Dedicated Micros has enabled National Bank of Kuwait to monitor all the branches Reflecting on the success of the project to date, a spokesperson for the Engineering Services Division, NBK, commented: "The NetVu Connected solution from Dedicated Micros we have adopted has given us the opportunity, for the first time, to monitor all of our branches remotely 24/7 wherever they might be and to cover a large number of ATMs (181 at the latest count) through the ATM transactions interface. We have been very pleased with the performance of the NetVu Observer viewing software over the past four years - which we are in the process of upgrading to Pick-a-Point Icon - as it has made it extremely easy to retrieve footage and to playback recordings over the network. With numerous cases involving ATMs reported on a daily basis and, with the Dedicated Micros' solution in place, we have been able to provide recorded footage, in a timely manner, to offer proof of what has actually happened. In practice, we have found the speed that video can be delivered across the network to be extremely favourable, for management and archiving, when set against the limited bandwidth provided."The distributed architecture of the solution has also meant that even, when there has been a network issue, critical recording has been able to continue unabated. Testament to this is the fact that since the start of the project no footage has been lost in this way. A major benefit we have also seen, in terms of cost of ownership, is the fact that from an Engineering Services' point of view the DVRs have been much easier to maintain, compared to what was in place before, and we have been very impressed with the stability of the DVRs in operation with zero reported failures. Alongside this the web-based configuration for the Dedicated Micros' systems has proved to be very intuitive."Future Plans Looking ahead, Dedicated Micros is working closely with NBK to expand the capabilities of the surveillance infrastructure. One key development soon to go 'live' is the implementation of the Pick-a-Point Icon multi-site video management solution in the bank's main control room to further enhance the remote monitoring of all of the bank's geographically dispersed locations. The uplift in functionality provided by Pick-a-Point Icon's more extensive features, compared to NetVu Observer, should greatly enhance the ability of the bank's security staff to manage and control their CCTV infrastructure. Dedicated Micros has formed many of the building blocks for the success of today's CCTV industry From the start Pick-A-Point Icon has been designed to be intuitive for operators, simplifying and speeding up image retrieval. In future, operators in the main NBK control room will be able to select cameras using Pick-A-Point Icon's enhanced GUI (Graphical User Interface) via multiple map screens and highly detailed map images, allowing them to pick a camera on-screen without having to know which digital video recorder the camera is linked to. Pick-A-Point Icon is based around a robust standalone hardware based workstation, which eliminates the reliability issues associated with PC based systems - a key consideration in the banking sector.Closed IPTV InvestmentCommented Salim Idris, General Manager (Middle East), Dedicated Micros: "As the surveillance solution moves ahead, we are delighted that National Bank of Kuwait has confirmed that it will also act as a trailblazer for the deployment of our award winning Closed IPTV 'IP Video' solution. This follows on from the successful testing of the Closed IPTV version of the SD Advanced hybrid NVR/DVR, which will now be rolled out gradually across all of the bank's extensive branch network, making NBK one of the first customers in the Middle East region for this new solution."Essentially, adopting Closed IPTV systems such as the SD Advanced - in conjunction with a Layer 3 Enhanced CCTV Switch which provides greater security for less configuration effort than a conventional managed switch - makes deploying an IP Video, CCTV system safe, secure and simple. Combining patent-pending innovation with zeroconf networking technology, Closed IPTV automatically allocates IP addresses to IP cameras by physical port. In this way the system is completely deterministic, creating firewalls and monitoring IP connections by individual network ports so they cannot be hacked or intercepted. This ground breaking solution provides a very simple and secure answer to IP Video, where no prior knowledge of IP networking is required. National Bank of Kuwait is going to adopt Dedicated Micros' HyperSense APNR cameras for its car park management A further enhancement, in the pipeline for NBK, is the adoption of Dedicated Micros' HyperSense ANPR cameras for its car park management, in this case combining an Overview and ANPR camera, with alerts triggered by car park barriers to monitor vehicles entering and leaving a location. The sophisticated HyperSense technology built in to the cameras removes ambient light from the scene leaving only the objects that strongly reflect the IR light emitted by the integrated invisible IR LED flash to be displayed. The ability to eliminate glare from vehicle headlights delivers a more distinct image for evidential purposes and the black and white ANPR camera ensures that details of the numberplate can be seen, whilst the 'overview' camera allows this to be tied-up with other details such as the color of the vehicle.Banking on SecurityUltimately, National Bank of Kuwait, through continuing investment in the latest surveillance infrastructure from Dedicated Micros, has demonstrated a real commitment to not only be a leader in the banking services it provides but also, crucially, to back this up with the best possible levels of security for customers, staff, and physical assets such as the branch network and ATMs making NBK ideally placed to deal expeditiously with any form of criminal attack.
Round table discussion
Cloud applications are an everyday facet of business these days, exemplified by systems such as Office 365, Salesforce.com and Dropbox. The physical security market is also embracing the cloud after overcoming some initial concerns and thanks to improvements in cloud offerings. We asked this week’s Expert Panel Roundtable: Which security markets are likely to embrace the cloud?
Public spaces provide soft targets and are often the sites of terrorist or active shooter attacks. Public spaces, by definition, require easy accessibility and unrestricted movement. Given that openness, what security technologies can provide real results? We asked this week’s Expert Panel Roundtable: How is technology innovation impacting the security of public spaces?
The role of video surveillance is expanding, driven by all the new ways that video – and data culled from video – can impact a business. As a growing population of video cameras expands into new fields of view, we asked this week’s Expert Panel Roundtable: What is the most unusual application of surveillance cameras you have seen recently?