Banking Security


Union Bank Uses Verint Technology To Safeguard Branches

Verint Systems Inc. recently announced that Union Bank, N.A. is using its comprehensive Nextiva Financial IP Video solution.

Darren Nix

Security Tip of the Month: Preparing for the Ordinary Means Protection for the Extraordinary

When a security program is designed to prevent more common and unwanted activities, in many ways the program will also lessen the potential of more extraordinary events. Many of us understand the principle of layered security using a number of resources.

Milestone_AL_Bank

Milestone IP Video Management Software Protects Denmark Bank For More Than A Decade

Milestone XProtect open platform IP video management software has proven to be a reliable and scalable security solution for AL Bank for more than a decade.

Union Savings Bank Uses 3VR Technology

3VR Security Inc., provider of intelligent surveillance and search, recently announced that customer Union Savings Bank has successfully leveraged 3VR's search-based surveillance and advanced analytics technology to capture 80 times more usable security video and maintain one of the industry's lowest fraud rates.

Outsourcing Solution Helps Streamline Security At Georgia Credit Union

A comprehensive Integrated Services solution from Diebold Inc. is helping Atlanta's Delta Community Credit Union streamline security management and reduce costs.

Colombia’s Banco de Occidente Standardizes Security With March Networks

March Networks, a provider of intelligent IP video and business analysis applications, recently announced that Banco de Occidente S.A. will use the company's NVRs and management software to centralize security and loss prevention operations across 200 retail banking branches.

FBI Releases Bank Crime Statistics For Second Quarter Of 2009

During the second quarter of 2009, there were 1,304 reported violations of the Federal Bank Robbery and Incidental Crimes Statue, a decrease from the 1,444 reported violations in the same quarter of 2008. According to statistics released today by the FBI, there were 1,278 robberies of financial institutions, 19 burglaries, and seven larcenies reported between April 1, 2009 and June 30, 2009. No extortions were reported during the quarter.

First International Bank of Israel Implements NICE Interaction Analytics

NICE Systems Ltd., a provider of advanced solutions that enable organizations to extract insight from interactions to drive performance, has announced that the First International Bank of Israel (FIBI) has completed its initial deployment of NICE's Interaction Analytics Business Solutions to improve cross-sell/upsell capabilities, increase customer satisfaction, and decrease contact center agent knowledge gaps. FIBI has chosen to implement Interaction Analytics from NICE to gain advanced capabilities in providing world-class customer service, and to help its customers better manage their finances.



Negative Cash Flow

There is a growing and highly effective breed of bank robbers at work around the world. Money is not particularly safe and secure, and no city is immune.

Texas Credit Union Implements Biometric Access Control System

Greater TEXAS Federal Credit Union, headquartered in Austin, Texas, recently implemented US Biometrics’ AccessQ system for controlling physical access to entrances with fingerprint biometrics.

Banco Azteca Implements Networked Video Surveillance Solution from Verint

Verint Systems Inc., a provider of analytics software-based solutions for workforce-enterprise optimization and security, today announced that Banco Azteca has implemented the Nextiva IP Video Management solution from Verint Video Intelligence Solutions to help safeguard its data center operations.

It’s In The Vault

For banks to be successful, they must be secure -- and their customers and partners must have confidence in their security. Banks face real and serious threats, especially from theft. Employee theft is a serious problem. In the United States alone, losses from employee theft total $1 billion annually, which exceeds any amount stolen by common bank robbers.

Biometric Readers Provide Helping Hand To Georgia Credit Union

Ingersoll Rand Security Technologies announced recently that the Augusta Metro Federal Credit Union in Augusta, Ga. is using a standalone Schlage biometric HandKey reader to provide its customers with self-service access to the safe deposit vault.

Secure Investments

The retail banking sector has received negative publicity recently due to investments in risky commodities. Security directors in retail banking also can face scrutiny as they face their own potential for risk when it comes to investing in next-generation video recording technologies for branch bank locations.

Strength Meets Precision

Across the globe, online criminals are focusing funds, time and resources to perpetrate fraud—and they are becoming more and more adept at this process. The result has been a dramatic increase in online fraud that targets consumers, enterprises and citizens. Every data breach or identity-theft case reported in the media erodes the public's confidence in the security of online financial transactions. This loss of confidence could jeopardize the ability of organizations to conduct transactions online.

California Bank Installs IQinVision-Milestone IP Surveillance Solution

IQinVision recently announced that Farmers & Merchants Bank of Central California, located in California’s great Central Valley is installing only IQeye cameras in all its bank branches.

Georgia Credit Union Deploys Verint Technology To Safeguard Branches, Support Fraud Investigation

Verint Systems Inc. recently announced that Delta Community Credit Union has implemented the Nextiva NetDVR II and MicroDVR II solutions from Verint Video Intelligence Solutions.

Bank Of Hawaii Pilots 3VR Security’s Facial Surveillance, Intelligent Video Technologies

As new technologies and a struggling economy continue to fuel increased crime rates, a new relationship with San Francisco-based 3VR Security Inc. will provide customers of Diebold with expanded solutions for deterring crime.

GVI Security Solutions Provide Video Surveillance Solution For Specialty Financial Service Centers

GVI Security Solutions Inc., a provider of video security surveillance solutions featuring the complete Samsung Electronics line of products will provide a video surveillance solution including cameras, monitors and IP ready 16 channel video hubs, for the retail customer locations of a large specialty financial services company.

ADT Security Services Announces Anti-Skim Security Solution For ATMs

Skimming -- a way criminals use high-tech electronic tools to capture personal financial information and steal money from automated teller machine (ATM) customers -- is one of the financial industry's fastest-growing crimes, according to the U.S. Secret Service. Also, the worldwide ATM Industry Association (ATMIA) reports over $1 billion in annual global losses from credit card fraud and electronic crime associated with ATMs.

Featured

  • Maximizing Your Security Budget This Year

    The Importance of Proactive Security Measures: 4 Stories of Regret

    We all want to believe that crime won’t happen to us. So, some business owners hope for the best and put proactive security measures on the back burner, because other things like growth, attracting new customers, and meeting deadlines all seem more pressing. Read Now

  • Enhanced Situation Awareness

    Did someone break into the building? Maybe it is just an employee pulling an all-nighter. Or is it an actual perpetrator? Audio analytics, available in many AI-enabled cameras, can add context to what operators see on the screen, helping them validate assumptions. If a glass-break detection alert is received moments before seeing a person on camera, the added situational awareness makes the event more actionable. Read Now

  • Transformative Advances

    Over the past decade, machine learning has enabled transformative advances in physical security technology. We have seen some amazing progress in using machine learning algorithms to train computers to assess and improve computational processes. Although such tools are helpful for security and operations, machines are still far from being capable of thinking or acting like humans. They do, however, offer unique opportunities for teams to enhance security and productivity. Read Now

  • Computers Beginning to Come Back Online After CrowdStrike Caused Crash Friday

    Computers around the world are beginning to come back online after a defective update to Windows machines from cybersecurity provider CrowdStrike Friday affected almost 9 million machines. Read Now

New Products

  • Automatic Systems V07

    Automatic Systems V07

    Automatic Systems, an industry-leading manufacturer of pedestrian and vehicle secure entrance control access systems, is pleased to announce the release of its groundbreaking V07 software. The V07 software update is designed specifically to address cybersecurity concerns and will ensure the integrity and confidentiality of Automatic Systems applications. With the new V07 software, updates will be delivered by means of an encrypted file. 3

  • Compact IP Video Intercom

    Viking’s X-205 Series of intercoms provide HD IP video and two-way voice communication - all wrapped up in an attractive compact chassis. 3

  • Camden CM-221 Series Switches

    Camden CM-221 Series Switches

    Camden Door Controls is pleased to announce that, in response to soaring customer demand, it has expanded its range of ValueWave™ no-touch switches to include a narrow (slimline) version with manual override. This override button is designed to provide additional assurance that the request to exit switch will open a door, even if the no-touch sensor fails to operate. This new slimline switch also features a heavy gauge stainless steel faceplate, a red/green illuminated light ring, and is IP65 rated, making it ideal for indoor or outdoor use as part of an automatic door or access control system. ValueWave™ no-touch switches are designed for easy installation and trouble-free service in high traffic applications. In addition to this narrow version, the CM-221 & CM-222 Series switches are available in a range of other models with single and double gang heavy-gauge stainless steel faceplates and include illuminated light rings. 3