Banking & Finance security applications - Security beat
The Physical Security Interoperability Alliance (PSIA) was founded in 2008 with a goal of creating ‘plug-and-play interoperability’ among physical security devices, systems and services. Since then, the organization’s mission has both expanded to include logical security and focused more narrowly on identity, a critical aspect of security today. In recent years, PSIA has concentrated on its PLAI (Physical Logical Access Interoperability) specification, which provides a means t...
Time for an indepth review of IFSEC 2019 in London. This show had fewer exhibitors than previous shows, and the ‘vibe’ was definitely more low-key. Fewer exhibitors meant larger aisles and plenty of room to breathe, and the slower pace provided time for exhibitors to reflect (often negatively) on the return on investment (ROI) of large trade shows. There was little buzz on the first day of the show, but spirits picked up on the second day (when, not coincidentally, some exhibitors...
In five states in the Western United States, 200 video surveillance cameras keep are keeping watch to provide early warning of wildfires. In the near future, the number of wildfire surveillance cameras will be growing dramatically. Soon there will be more than 1,000 of the cameras in California alone, keeping watch on thousands of acres at risk of destructive events like last year’s deadly Camp and Woolsey wildfires. It is a striking example of how video surveillance technology can be use...
As a security service provider with a rich history in manguarding, Allied Universal is launching a new technology platform to increase productivity and accountability of security officers and to transform guard service operations from an ‘observe and report’ mission to a ‘detect and respond’ function. Mark Mullison, Allied Universal’s Chief Information Officer (CIO), says the new Heliaus platform also uses artificial intelligence (AI) to analyze data, predict outco...
The threat of drones is a growing concern around the perimeter and in the airspace surrounding airports. According to a UK Airprox Board report, the number of times a drone endangered the safety of an aircraft in the UK airspace rose more than a third in 2018 compared to the year before. The highest-profile recent drone incident was at UK’s Gatwick Airport, where a drone sighting last December triggered a three-day shutdown of the UK’s second busiest airport, disrupted the travel p...
Krowd is an app that connects people together based on geography; that is, if they are at the same place at the same time. Users sign into the app using the local WiFi, identify themselves by username, and are placed immediately in a group chat comprising anyone else at the location who has signed into the app. An enhancement of the Krowd app, known as Krowdsafe, leverages the technology to achieve and promote security and safety. Specifically, Krowdsafe enables users to interact directly with...
As political winds present new challenges for Chinese companies doing business in the U.S. market, the countdown is under way to implementation of a ban on sale of Chinese manufacturers’ video surveillance products to the Federal government. Some good news is a delay enacting the wider-reaching “blacklist” aspects of the ban. Meanwhile, possible sanctions to prevent U.S. manufacturers from selling components to Chinese companies are posing immediate public relations difficult...
IFSEC Global, like any large trade show, can be daunting for attendees. At big shows, there can be hundreds of physical security manufacturers and dealers vying for your attention. As the scope of physical security expands from video surveillance and access control to include smart building integrations, cybersecurity and the Internet of Things (IoT), there is an increasing amount of information to take in from education sessions and panels. With IFSEC Global approaching next week, we present e...
Panasonic is selling off 80% of its video surveillance business to a private equity firm but will retain 20%, and the new company will continue to use the well-known Panasonic brand. The move is aimed at reinvigorating a business challenged by new competition from large Chinese companies and lower prices of video surveillance equipment. Strategic business alliances Panasonic is establishing a new company made up of its security systems business, and Polaris Capital Group Co. will acquire 80%...
Attendees strolling the exhibit hall at IFSEC International, 18-20 June, 2019, at ExCel London, will be hearing a lot about artificial intelligence, convergence and GDPR. These industry hot topics are representative of major trends in the industry, from new technologies to new ways of designing systems to new privacy requirements. The education sessions at IFSEC International will also address these timely subjects – and provide a welcome chance to sit down and consider the ‘bigger...
Whether it is video analytic platforms to monitor traffic patterns or cameras deployed to help law enforcement ensure public safety, many cities are looking at advancements in video technology. Upgrade costs and technology compatibility issues are often front-and-center when it comes to blending new technology with existing infrastructure. For example, if the city law enforcement officials want to improve video camera image quality, which can improve the evidentiary value of footage in prosecu...
Who is more likely to rob your home – a friend or a stranger? Is a burglary more likely to occur when you are at home or away? Does gun ownership contribute to more effective home security? What about a loud, barking dog? A recent survey by Reviews.org considered these and other consumer preconceptions about home security and how they compare with the facts. "Everyone wants to feel safe at home but not everyone knows which home safety measures will actually help protect them,” say...
While most security teams are focused on preventing malicious outsider attacks, recent data suggests that close to 30 percent of confirmed breaches today involve insiders. Today’s increasingly complex networks across physical, information technology (IT) and operational technology (OT) systems make it difficult for security teams to detect and prevent insider threats. This is compounded by the proliferation of data, devices, applications, and users accessing networked resources. Rising i...
The focus of the global security industry will shift to London this month for IFSEC International, Europe’s ‘integrated’ security event focusing on the latest technologies and the opportunity to learn from the industry’s top leaders and experts. IFSEC will be held from 18-20 June, 2019, at ExCel London, welcoming 27,000 security directors and managers, installers, integrators and distributors. The exhibition at IFSEC may not be as large as previous years, and several bi...
Among the cloud’s many impacts on the physical security market is a democratization of access control. Less expensive cloud systems are making electronic access control affordable even to smaller companies. cloud-based access control With the growing cloud-based access control market, integrators can find more opportunities in small businesses and vertical markets that typically wouldn’t be on the radar of their sales team. Large upfront costs for a server, software and annua...
Facial recognition has seen huge breakthroughs since the U.S. National Institute of Standards and Technology (NIST) first began testing in 2010. Accuracy has seen massive gains, especially from 2013-2018. In the 2018 test, the most accurate algorithm was 20 times more accurate than the 2013 equivalent. Essentially, 95 percent of the matches that failed in 2013 now yield correct results. Compare that to 2010-2013, when the most accurate algorithm reduced its error rate by 30 percent. This reduc...
Coming off a successful ISC West show, Honeywell is sharply focused on product development, with an emphasis on advanced software. “We have a strong new product pipeline this year – more than two times the number of products than we’ve released in the past several years,” says Luis Rodriguez, Director of Product Marketing, Honeywell Commercial Security. “At ISC West, we received a lot of interest in how AI and new security systems are changing the market.” A...
Deploying security robots at a company is about more than providing and programming the hardware. There is also an element of “change management” involved in smoothing the way for robots to play a security role working side-by-side with human counterparts. Rising Popularity Of Security Robots As security robots increase in popularity, more companies are adapting to such cultural challenges "As security robots increase in popularity, more companies are adapting to such cultural cha...
The mindset behind a new law to prohibit the use of facial recognition and other security-related technologies by San Francisco police and other city agencies is obvious in the name of the new ordinance: “Stop Secret Surveillance.” Ordinance To Stop Secret Surveillance The San Francisco Board of Supervisors passed the ordinance 8-1 with two abstentions on May 14, and there will be another vote next week before it becomes law. We have an outsize responsibility to regulate the exces...
The Electronic Security Expo (ESX) will be held at the Indiana Convention Center, June 3-6, in Indianapolis. The show focuses exclusively on the electronic security and life safety industry, including companies that service the connected Internet of Things (IoT) space for homes and businesses. The ESX Main Stage will highlight inspirational presentations from motivational speakers, Dr. Rick Rigsby and Kevin Brown. In addition, there will be a founder of a drone security company and an Entrepren...
Nexkey says its mission is to disrupt the access control market and ‘change the way people experience access to physical places’. The startup is embracing the latest buzzword for access control – frictionless – while also enabling electronic access control for doors currently protected by mechanical locks. The system is simple with only three components – a controller, an electronic replacement lock core, and a smart phone app. The ‘controller’, a combi...
Knightscope’s long-term mission is to “make America the safest country in the world,” says William Santana Li, Chairman and CEO. “The company was started six years ago as we had grown tired and horrified by the ongoing violence in our country and decided to do something about it.” But are security robots the solution to crime and violence in the United States? “There are 2+ million law enforcement and security professionals trying to secure 328+ million peopl...
Managed services provided through the cloud offer multiple advantages for system integrators. These Include: Increased Recurring Monthly Revenue: Managed services are a new business model that generates more stable and predictable income streams for integrators. Stickier Customers: Managed services foster a more involved relationship between integrators and their customers, which can help boost customer retention. High Gross Profit Margins: Cloud managed services create an opportunit...
Virtualization offers multiple benefits to video surveillance systems, but the technology has been slow to adapt to the needs of video. However, the tide is turning. At ISC West, BCDVideo introduced a hyperconverged infrastructure tailored to video surveillance (HCI-VS) that answers the demand for higher and more efficient operating performance while also lowering the total cost of ownership for the integrator and end user. Hyperconverged Infrastructure Solution “ISC West attendees were...
Despite any negativity you may hear, Hikvision is optimistic about their role in the U.S. market. “We demonstrate that we can be trusted, and that we should be trusted,” says Jeffrey He, Vice President, Hikvision, and President, Hikvision USA and Hikvision Canada. “We have sound products and technology. Our mission in the security industry is to protect, not to harm. Otherwise why would we be in this industry?” Hikvision is committed to investing in the North American m...
Lack of cybersecurity of video systems made headlines in 2016. The Mirai cyberattack that year impacted Internet service on the East Coast of the United States and kept several high-profile websites offline. Cybersecurity attacks later in the day were more global in nature. The cyberattacks were carried out by a botnet, a network of bots, which are software applications (in this case, computer viruses) that communicate with each other and run tasks automatically over the Internet. IP-Enabled C...
Video Surveillance as a Service (VSaaS), simply stated, is a cloud-based video surveillance solution that is packaged and delivered as a service over the internet. The price varies depending on the features of the plan (i.e. number of cameras, amount of storage, software features, etc.), and customers pay a monthly subscription price to use it. Internet Protocol (IP) cameras are installed at site locations, and the video is captured and streamed to a service provider’s data centre via an i...
In today’s technology-driven markets, a platform is a business model that connects producers and consumers in an interactive ecosystem. Some examples of platforms are Uber and Airbnb, which have disrupted and transformed traditional markets. Isn’t it time to deploy the platform model in the physical security industry? That’s the goal of the Open Security & Safety Alliance (OSSA), a non-profit organization. Interactions And Exchange The book ‘Platform Revolution&rsqu...
Cybersecurity involves a variety of risks and vulnerabilities to the enterprise, from distributed denial of service (DDoS) attacks to phishing to USB drives. Companies may also be at risk from use of interactive kiosks, or even from cyberattacks against traveling executives. Preventing Phishing And Cyberattacks The 'Management Hack' service is designed for C-level executives, such as CEO, CFO or event CIO Phishing is a fraudulent attempt to gain sensitive information such as user names, passw...
As physical security systems increasingly resemble the architecture of an IT (information technology) network, the cybersecurity risks are increasing. Sometimes hacks in physical security go unrecognized because of poor detection. Here's part two of our Cybersecurity series. Going forward, the physical security industry should adopt the same principles as the information security market, embracing new elements such as risk assessment and certifications. A change in culture is needed to align an...
