Banking & Finance security applications - Expert commentary

Trends Of 2019 To Watch Out For: The Connected System And Commercial Security

Users of security systems have long been willing to sacrifice certain aspects of security in favour of convenience and ease of use. The tide seems to be turning, however, with the industry at large showing significant concerns over cyber security. End user sentiments also seem to be following that trend, becoming more cautious when it comes to having their security systems connected to the internet. While it has become the norm for security systems to be accessible online, still it presents sec...

The Many Faces Of Today's Facial Recognition Technology

The use of facial recognition has become a highly debated topic recently, and has increasingly and misleadingly been criticized by some for being an unethical tool used to spy on the public. The reason for such criticism is however largely due to lack of information and regulation around the technology. Used proportionately and responsibly, facial recognition can and should be a force for good. It has the ability to do a lot more to increase security in the future – from street crime to...

Security Industry Trends To Be Led By Focus On Cyber Security In 2019

The Security Industry Association (SIA) looks forward to 2019, and it is apparent that physical security is moving into its most formative years. Changes presented by emerging technology, open systems and growing connectivity among devices and sensors will make a big difference for manufacturers, systems integrators/dealers and end users. With a more open, connected environment come cyber risk and data privacy concerns – which is why, in SIA’s 2019 Security Megatrends, cybersecurity...

Access Control As A Service (ACaaS) Solutions Growth With Mobile Access In 2019

IHS Markit projects that the market for physical electronic access control solutions has grown to over $5.2 billion in 2018. The market has experienced stable and predictable growth rates that have hovered around 6 percent over the past several years. Electronic locks remain both the largest and the fastest growing product type in access control, representing nearly 40% of the global market size for all access control equipment. Impact Of Technological Developments While market growth rates ha...

2019 To See A Rise In Cyber And Cloud Security Solutions

2018 was a good year for integrators and manufacturers across the board. The economy has been strong which manifested itself in many ways but in particular construction was booming. This was very good for the security industry, especially those integrators and manufacturers who provide services and products in the commercial space. Two of the most unexpected things that impacted the market, and will continue to impact it into 2019, are the trade war and the rapid rise of interest rates. I have...

Beyond Cyber Security: Why Physical Security Must Be A Key Element Of Data Protection

Edward Snowden’s name entered the cultural lexicon in 2013, after he leaked thousands of classified National Security Agency documents to journalists. He’s been variously called a traitor, a patriot, a revolutionary, a dissident and a whistleblower, but however you personally feel about him, there’s one way to categorize him that no one can dispute: He’s a thief. There’s no doubt about it: Snowden’s information didn’t belong to him, and the scary truth...

Video Surveillance Vendors Will Face Further Challenges In 2019

Video surveillance equipment vendors report their 2018 revenue data to IHS Markit in the first quarter of 2019, which is when we calculate the rate the professional video surveillance market grew in 2018. However, we expect this rate will have been around 10 percent globally -- slightly higher than the 9.3 percent growth in 2017 and much higher than the 3.9 percent growth in 2016. Changing Market Trends Despite this healthy rate of growth, 2018 was not without its challenges and surprises. Cha...

GDPR, Hybrid Storage And AI: Key Physical Security Trends For 2019

We’re here again. The end of another calendar year, and a time when many organizations are assessing their performance over the past 12 months and finalizing strategic plans for 2019. Taking time to reflect on where our industry is at – and what’s likely to happen in the future – is important for all organizations as they set out their long-term goals and tactics. Here are some of the key trends to watch in the months to come and some predictions on their potential to i...

Video Technology Reimagined With The Empowerment Of IoT

It amazes me how in a few short years security systems have gone from simple, dumb cameras witnessing events to intelligent eyes, ears, speech and touch solutions that boost situational awareness far beyond human capabilities. It seems the only senses missing from the equation now are smell and taste. And who knows, someone might be working on those in a lab somewhere right now. But what’s really fascinating to me is how the Internet of Things (IoT) has opened a world of possibilities for...

Watching Trends In Real-Time: SecurityInformed.com's Top 10 Click-Worthy Articles Posted In 2018

Timely and important issues in the security marketplace dominated our list of most-clicked-upon articles in 2018. Looking back at the top articles of the year provides a decent summary of how our industry evolved this year, and even offers clues to where we’re headed in 2019. In the world of digital publishing, it’s easy to know what content resonates with the security market: Our readers tell us with their actions; i.e., where they click. Let’s look back at the Top 10 article...

Top Ten Security Industry Mergers And Acquisitions Of 2018

Consolidation persisted in the physical security industry in 2018, and big companies such as Motorola, Canon and UTC continued to make moves. Also among the mergers and acquisitions (M&A) news in 2018 was a high-profile bankruptcy (that ended well), continuing consolidation in the integrator market, and the creation of a new entity called “LenelS2.” Here’s a look at the Top 10 M&A stories in 2018: 1. Motorola Acquires Avigilon Motorola Solutions announced in Februar...

Top Ten Security Industry Expert Panel Discussions From 2018

The security marketplace is talking about a lot of different subjects. Our website’s Expert Panel Roundtable discussions in 2018 reflected some of the “hot topics” in the industry.  The very most-clicked-on Expert Panel Roundtable discussion in 2018 was about privacy issues and GDPR’s impact on physical security systems. Other hot topics that made the Top-10 list of roundtable discussions included obstacles to adoption of mobile credentials, what’s new “...