12 bank video surveillance solution to fight crime and financial losses

12 ways banks use eSurveill ance to fight crime & finan cial losses

Every bank must guarantee the safety of its employees, customers, resources, private properties, and be aware of internal and external threats; hence, the need for video surveillance measures is increasing more than ever in India.

Significant rise in security threats has propelled banks to prioritise the adoption of advanced surveillance techniques. Growing crime rates and increasing instances of security breaches, leading to massive loss of human life, information and assets, are the major drivers of the electronic security market.

Financial institutions and banks highly recommend video surveillance systems to provide security to their buildings, maintain cash management, and monitor customers and staff activities. Research envisages India’s CCTV camera market to grow with a CAGR of 27.16% from 2016 to 2021. The total Indian video surveillance market which was reported to be around $1.58 billion in 2014 is expected to reach to $8.24 billion by 2022, while growing at a CAGR of 22.96% during the forecast period from 2015 to 2022.

12 PILLARS OF eSURVEILLAN CE PROTECTING THE BANKING SECTOR

1. Deter Robberies Being guaranteed custodians of ready cash and valuables, banks con tinue to be high-stake targets for criminals looking for a big pa y-out. Proper bank video surveillance setup acts as a deterrent to robbers, and in a worst case scenario, it provides crucial imag es and videos that act as evidences for law enforcement.

2. Crime Investigation In the event of a robbery or fraud, the surveillance footage often provides evidence to speed up investigations, further identify and track down suspects.

3. Fraud Check IP video surveillance systems with advanced video analytics are a big aid in est ablishing fraud checks at banks by recording transaction data and capturing im ages of offenders. The employees fear getting caught in any manipulation activ ities since the information can be used to identify criminals and helps in protec ting customer accounts.

4. Combat “Phantom ATM Withdrawals” It is not uncommon for bank customers to report suspicious ATM withdrawals where money has been taken from their accounts without their knowledge. Ba nk security cameras, which record each and every ATM transaction, can provid e answers in such situations.

5. Co-ordinate Information from Multiple Locations A modern bank video surveillance system allows footage from multiple branches to be t ransmitted to a central monitoring room, or viewed over the internet. This makes audit and control very easy, swift and cost effective.

6. Integration with Alarm Systems New age surveillance systems facilitate the integration of bank security cameras with al arm systems into a single network. This makes security systems more prompt and is a v ery resourceful function in banks.

7. Intelligent Functionality Intelligent security cameras with video analytics and advanced sensors i.e. vibr ation, motion, glass break, smoke, heat detection etc. can be used to effectivel y identify and deter suspicious or abnormal activity in and around the bank.

8. Digital Storage With digital technology, storage and management of surveillance footage is m ore efficient, convenient, and accessible, allowing for advanced search techniq ues that help in pinpointing specific incidents and identifying suspects with gre ater ease, speed and accuracy.

9. Continuous Surveillance Bank security cameras allow for continuous surveillance of banking facilities, providing protection outside of typical workday hours. This is especially helpful for ATMs, which a re accessed by customers 24 hours a day.

10. Data Recognition Video surveillance systems that use digital technology are capable of advanced forms o f data recognition, which prove useful in searching the video footage for specific bank tr ansactions and images of particular individuals.

11. Remote Access IP surveillance allows for remote monitoring of live and archived video footage from an y computer with an internet connection and access to the network.

12. Enhanced Customer Confidence Lastly, with customers at the heart of every bank, the foremost concern for every bank accepting the life earnings of its customers remains their confidence and trust in the ba nk. The more secure a bank is, the more confident its customers will be. An effective ba nk video surveillance system goes a long way in enhancing this sense of security, and bo osting its public image and credibility.

WHY LEADING BANKS TRUST SECUR ENS?

Securens Systems Pvt. Ltd. is the pioneer in offering India’s first smart protection based surveillance technology ACTIVE DETERRENCE™, aiding prevention of crime before it ha ppens. For nearly ten years, Securens has been providing intelligent video analytics turn ing dumb cameras into smart cameras. We have always been at the forefront of surveill ance technology and our investment in the growing field of Internet of Things (IoT), Arti ficial Intelligence (AI) and Deep Learning has paid off. With over 10 global awards, nearl y 1000 professionals in our team, more than 10,000 verified crimes detected and deterr ed, 99% accuracy in detection and deterrence, over 25,000 client sites under surveillan ce and in excess of 1,50,000 CCTV cameras across India connected to our international award winning technology and Central Monitoring Station (CMS), it’s no wonder that le ading banks across India recommend Securens.

Our highly acclaimed range of ACTIVE DETERRENCE™ solutions meets global su rveillance standards, as well as business intelligence and analytical needs of all banks large and small. Our Central Monitoring Station connects banks to the su rveillance technology resources they need and is equipped with highly trained personnel to detect and deter crime, smart technology, advanced sensors, vide o analytics and AI capabilities which can prevent and protect banks from financ ial losses and/or loss of life due to criminal activities or operational interruptio ns i.e. fire, theft, burglaries, pilferage, fraud, unauthorized access, acts of viole nce, vandalism, terrorism etc.

As India’s leader in eSurveillance, our portfolio of intelligent video analytics and p ersonalized surveillance solutions are unmatched in the industry; safeguarding pe ople, property and business assets from internal and external threats while saving up to 60% in costs on physical security guards.

Siloed management of disparate security, safety and operational systems leaves to o many opportunities for error, and ultimately creates unwanted and unnecessary inefficiency. Therefore, the only way to feasibly tackle a challenge of this scope an d scale is to adopt a smart video surveillance solution like ACTIVE DETERRENCE™, thereby uniting surveillance systems and enabling multiple levels of monitoring an d control from a single reliable platform – India’s most awarded Central Monitorin g Station (CMS) by Securens. This is where intelligent surveillance monitoring and control integration can offer real benefits.

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