EN-Article

5 Considerations When Making a Security System Investment

Issue link: https://resources.genetec.com/i/1448814

Contents of this Issue

Navigation

Page 2 of 3

beyond just price. As operators large and small have learned, the cost of replacing insufficient or unsecure hardware is far more expensive than buying the right product upfront. What does "unsecure" mean when related to hardware? It means there are products with cybersecurity holes that could allow your network to be breached. Breaches can allow theft of customer data or installation of ransomware to lock up an entire network. Recently, the U.S. House of Representatives passed a bill banning the Federal Communications Commission from approving devices from manufacturers that pose these types of security threats. Because of those threats, some open-architecture security software companies will not support any hardware from those manufacturers. It's an unnecessary risk when there are affordable options from manufacturers whose products meet cybersecurity standards. Quality is also essential for hardware servers (also known as network video recorders or NVRs). NVRs with inadequate processing power and memory can result in video loss and the inability to view live and recorded video at regulated levels. These limitations also impact the ability to add additional cameras to systems when needed. Value isn't valuable if you're fined because of missing video, can't meet storage retention requirements or have to repurchase a larger appliance to meet unforeseen needs. My recommendation is to find a consultant who works specifically with your jurisdiction to design a secure and compliant system. – Plan for growth: What will your operation look like five years from now? If cannabis is legalized across the country, many operators will seek to expand into new jurisdictions. Do you hope to expand into other states? Because regulations differ from state to state, your security platform needs to scale to meet different requirements. Reliable high-speed internet that can provide remote access to video is another consideration. Many cities now require visual verification of intrusion alarms; law enforcement won't respond unless an intruder is visually confirmed. Bandwidth is also important for cloud-based or hybrid systems. Multi-site or multi-state operators will also want enterprise-level capabilities for video, access control and intrusion that brings all data into a single platform. Avoid proprietary cameras or recorders. You may be locked into a product that may not scale to your future needs. Proprietary products are also vulnerable to component shortages and tie you to pricing with no alternatives. – Think about the bigger picture: Federal decriminalization will accelerate one of two business paths for many operators: either expansion of their enterprise or acquisition by a larger operator. Your security equipment is a part of the total value of your enterprise. During an acquisition, remember that potential buyers will calculate any additional security spending required in their potential offer. Your investment in

Articles in this issue

view archives of EN-Article - 5 Considerations When Making a Security System Investment