Banking Security


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.

Unisys: Biometrics Set To Boom In 2010

Looking ahead to 2010, Unisys predicts that government and commercial organizations will take a more proactive approach to security, implementing new measures to verify identity and protect confidential information. Financial institutions and defense agencies will lead the charge, with ports and other organizations quickly following.

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.

Featured

  • Report: Physical Security Market Turning to Cloud and Hybrid Solutions

    Genetec, a provider of unified security, public safety, operations, and business intelligence solutions, today shared the results of its 2024 State of Physical Security report. Based on insights from over 5,500 physical security leaders worldwide (including end users and channel partners), the report looks at the security strategies organizations are putting in place to effectively navigate the realities of a changing industry. Read Now

  • A Future in the Clouds

    The cloud has become a pervasive term in everyone’s daily work and personal lives – from the explosion of content available on Internet streaming services to remote learning to social interactions. Everyone is living cloud-based lives. Read Now

  • A Rapidly Changing Realm

    Many retail operators continue to face a daily balancing act of maintaining both an online and in-person presence. The coronavirus pandemic accelerated our adoption of online shopping, and the expectation now is that every retailer needs to be proficient in both arenas. This places a heightened emphasis on secure operations that ensure a seamless experience for the customer no matter where they pull out their credit card. Read Now

  • Secure Your Home During the Holidays

    The most wonderful time of the year can easily transform into a nightmare. Being vigilant, while still enjoying the holiday season, is possible. The holiday season is the perfect time to start implementing security measures to protect one’s home and ensure security while out and about. 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. 3

  • Camden CV-7600 High Security Card Readers

    Camden CV-7600 High Security Card Readers

    Camden Door Controls has relaunched its CV-7600 card readers in response to growing market demand for a more secure alternative to standard proximity credentials that can be easily cloned. CV-7600 readers support MIFARE DESFire EV1 & EV2 encryption technology credentials, making them virtually clone-proof and highly secure. 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