Banking Security


Wincorf Nixdorf Expects Banks To Focus On Security In 2011

Wincor Nixdorf recently announced the top three trends that it expects U.S. retail banks to focus on this year.

ATM

Bank of America to Deploy Diebold ATM Management Solution

Bank of America will upgrade its North American ATM management solution, which manages more than 17,000 terminals, with an availability management solution from Diebold Inc.— OpteView Resolve.

Eric D. Harris Named Managing Director for Stroz Friedberg's Dallas Office

In his new position, Harris supervises digital forensics, cybercrime investigations and e-discovery in criminal, civil, regulatory and internal corporate matters.

CSI Hires Steve DuPerrieu as Director of Product Marketing

DuPerrieu will directly supervise CSI's product managers responsible for Internet banking, document imaging, fraud-related services, print services, loan analytics and business intelligence software.

HEIT Adds Peter Matino to Management Team

His responsibilities at HEIT will include ensuring that clients’ evolving technology and compliance needs are met through the company’s managed services, subject matter experts and support resources.

Survey: Consumers Unaware Of Common ATM Security Threats

Wincor Nixdorf recently announced that, according to its recent survey, consumers are largely unaware of major security threats at their ATMs -- but would switch banks if another institution demonstrated that it provided more secure ATMs.

Financial Services Sector Signs Cybersecurity Research Agreement With NIST, DHS

The National Institute of Standards and Technology (NIST) has joined in a new public-private partnership to spur cybersecurity innovation in the financial services sector.

Mexico National Bank Upgrades IP Video Technology

March Networks recently announced that Banorte -- one of Mexico’s five largest national banks -- has selected the company’s video management software and hybrid NVRs to upgrade its existing surveillance systems across more than 1,100 branches.



Consolidating Services

When Main Street Bank in Wheeling, W.Va., wanted to streamline its fire alarm system, it turned to a long-time partner, Diebold. Consolidating the bank’s alarm and fire monitoring services under a single provider helped the bank operate more efficiently, and, in turn, provide a higher level of security to its customers and employees.

FBI Report: Bank Robberies Down In Second Quarter Compared To 2009

During the second quarter of 2010, there were 1,146 reported violations of the Federal Bank Robbery and Incidental Crimes Statute, a decrease from the 1,304 reported violations in the same quarter of 2009. According to statistics released recently by the FBI, there were 1,135 robberies, 11 burglaries, zero larcenies and one extortion of financial institutions reported between April 1, 2010 and June 31, 2010.

New Product Of The Year Award Winners Announced

Security Products magazine, the only integrated product magazine reaching the entire security market, announced the winners of its 2010 New Product of the Year Award at the publication’s premiere Virtual Event today.

Canadian Bank Rolls Out March Networks Video Solution To More Than 1,000 Branches

March Networks, a provider of intelligent IP video solutions, recently announced that one of Canada's premier financial institutions will deploy its VideoSphere Banking Solution as part of a comprehensive video surveillance roll-out at approximately 1,000 bank branches across Canada. The first phase of the project is expected to be completed by October.

Security Money Goes Missing

I’m no fan of the current administration in Washington, D.C., especially when it comes to spending money. The White House, it would seem, pays its bills by printing more money and borrowing from a creditor that has no interest in democracy.

Pennsylvania Credit Union Uses 3VR Technology To Help Stop Fraud

3VR Security recently announced that Members 1st Federal Credit Union has successfully leveraged the 3VR P-Series SmartRecorder solution to cut investigation times in half and increase prosecution success with higher quality evidence.

Israeli Banks Deploy Voice Biometric Technology

PerSay recently announced that it has successfully completed the deployment of its systems in the top three banks in Israel. Bank HaPoalim, Bank Leumi, and Discount Bank have all rolled out secure voice biometric applications to the public.

bank security

More than Meets the Eye

Everyone knows that banks use video systems. From an integrator viewpoint, banks can be major customers. For instance, 4,000 high-resolution color cameras protect the branches of Caixa Economica Federal in Brazil, the largest public bank in Latin America. They also provide a video surveillance security solution for more than 50 branches of the Banco de Guayaquil, one of the largest private banking institutions in Ecuador.

March Networks Provides VideoSphere Banking Solution To U.S. Financial Institution

March Networks, a global provider of intelligent IP video solutions, recently announced that a top 10 global financial institution will deploy the March Networks VideoSphere Banking solution across more than 2,000 U.S. banking locations.

Loomis Documents Cash Handling With Milestone IP Video Management Software

Milestone Systems open platform IP video management software is an important tool for Loomis Denmark to ensure transparency throughout the entire cash services process.

FBI Report: Bank Crimes Drop In 2009

Recently, the FBI released bank crime statistics for calendar year 2009. Between January 1, 2009 and December 31, 2009, there were 5,943 robberies, 100 burglaries, 19 larcenies, and three extortions of financial institutions reported to law enforcement. The total 6,065 reported violations represents a decrease from 2008, during which 6,857 violations of the Federal Bank Robbery and Incidental Crimes Statute were reported.

bank security

It's in the Bank

For more than 75 years, GECU, an El Paso, Texas, credit union, has served its members and developed into El Paso's largest locally owned financial institution, with more than $1.2 billion in deposits and $1.4 billion in assets. As it continues to grow with 15 locations, including branches and new satellite centers in local schools, GECU holds true to its mission statement: People helping people.

Featured

  • From Surveillance to Intelligence

    Years ago, it would have been significantly more expensive to run an analytic like that — requiring a custom-built solution with burdensome infrastructure demands — but modern edge devices have made it accessible to everyone. It also saves time, which is a critical factor if a missing child is involved. Video compression technology has played a critical role as well. Over the years, significant advancements have been made in video coding standards — including H.263, MPEG formats, and H.264—alongside compression optimization technologies developed by IP video manufacturers to improve efficiency without sacrificing quality. The open-source AV1 codec developed by the Alliance for Open Media—a consortium including Google, Netflix, Microsoft, Amazon and others — is already the preferred decoder for cloud-based applications, and is quickly becoming the standard for video compression of all types. Read Now

  • Cost: Reactive vs. Proactive Security

    Security breaches often happen despite the availability of tools to prevent them. To combat this problem, the industry is shifting from reactive correction to proactive protection. This article will examine why so many security leaders have realized they must “lead before the breach” – not after. Read Now

  • Achieving Clear Audio

    In today’s ever-changing world of security and risk management, effective communication via an intercom and door entry communication system is a critical communication tool to keep a facility’s staff, visitors and vendors safe. Read Now

  • Beyond Apps: Access Control for Today’s Residents

    The modern resident lives in an app-saturated world. From banking to grocery delivery, fitness tracking to ridesharing, nearly every service demands another download. But when it comes to accessing the place you live, most people do not want to clutter their phone with yet another app, especially if its only purpose is to open a door. Read Now

  • Survey: 48 Percent of Worshippers Feel Less Safe Attending In-Person Services

    Almost half (48%) of those who attend religious services say they feel less safe attending in-person due to rising acts of violence at places of worship. In fact, 39% report these safety concerns have led them to change how often they attend in-person services, according to new research from Verkada conducted online by The Harris Poll among 1,123 U.S. adults who attend a religious service or event at least once a month. Read Now

New Products

  • AC Nio

    AC Nio

    Aiphone, a leading international manufacturer of intercom, access control, and emergency communication products, has introduced the AC Nio, its access control management software, an important addition to its new line of access control solutions.

  • Connect ONE’s powerful cloud-hosted management platform provides the means to tailor lockdowns and emergency mass notifications throughout a facility – while simultaneously alerting occupants to hazards or next steps, like evacuation.

    Connect ONE®

    Connect ONE’s powerful cloud-hosted management platform provides the means to tailor lockdowns and emergency mass notifications throughout a facility – while simultaneously alerting occupants to hazards or next steps, like evacuation.

  • Unified VMS

    AxxonSoft introduces version 2.0 of the Axxon One VMS. The new release features integrations with various physical security systems, making Axxon One a unified VMS. Other enhancements include new AI video analytics and intelligent search functions, hardened cybersecurity, usability and performance improvements, and expanded cloud capabilities