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Banking on security

Published Date

Bank CoinsFinancial institutions are growing and changing in ways never even considered in the past. As they increase in size and complexity, they're having to lay the physical security foundation now that will safeguard their people and assets as they continue to grow. In addition, they are also having to face new threats, including criminal cyber activity that can put their sensitive data at risk. So how can they protect themselves?

Five ways financial institutions protect their future

When it comes to installing a new physical security system or upgrading an existing one, there are several things that banks and other institutions should take into consideration. 

  1. Can you choose the hardware that's right for you? This doesn't just mean picking the locks and card readers that work today. It also means installing a solution that will allow you to upgrade or swap out hardware as technology advances or your needs change.
  2. Will you be able to protect yourself against criminal cyber activity? Cybercrime is on the rise, and its impact on privacy as well as the bottom-line is increasing. You need a solution that offers built-in security mechanisms that will protect your sensitive data and information   
  3. Does your physical security system help keep your security team agile?  It is no longer advisable to keep your security department glued to a computer screen. They need to be able to access video footage quickly and easily. This means that your security system must allow them to retrieve footage on their tablets of smartphones at any location.
  4. Will your security team be able to easily navigate all your branches? When an alarm is triggered, security personnel need to know exactly where they're going and what they will find when they get there. A map-based interface that shows all your cameras, doors and other devices can make all the difference in an emergency.
  5. Can you depend on your system even when network failures occur? For any security system to be effective, it has to work all the time. You need to be able to rely on features that ensure the highest percentages of availability and redundancy.

Learn more about how new and upgraded physical security systems help financial institutions prepare for the future.