In a context where electronic security is essential for financial institutions, Genetec has identified five key factors that banks must consider when updating their security systems. These recommendations are designed to help banks and other financial institutions implement effective and sustainable electronic security solutions.
Genetec emphasizes the importance of choosing open architecture solutions over proprietary hardware and software. This allows financial institutions to standardize a flexible system that can scale and adapt to new technologies and cloud-connected devices as new needs arise. This flexibility is crucial to maintaining relevance and operational efficiency in a constantly evolving technological environment.
Integrating video systems, access control, intrusion detection, and other systems into a unified security platform is another key point. This integration allows all systems and locations to be connected to a central security operations center, facilitating remote monitoring and response through mobile capabilities. This not only improves operational efficiency but also provides a more comprehensive and cohesive view of security throughout the organization.
For Genetec, consolidating cybersecurity and privacy efforts using a single platform is essential. Integrated cyber defenses and privacy features can mitigate potential risks, while cloud and hybrid cloud deployments streamline cybersecurity updates and best practices. This ensures that financial institutions are always protected against emerging threats and compliant with privacy regulations.
Automation is a powerful tool for improving incident response and investigations. Genetec recommends testing new modules and advanced solutions that digitize processes, reduce costs, and empower operators with new technologies. This not only enhances efficiency but also enables financial institutions to respond more quickly to incidents and minimize their impact.
Finally, investing in platforms with integrated features can optimize data usage to gain valuable insights. This helps improve the customer experience, track facility usage and occupancy, and empower building automation initiatives. Data optimization enables financial institutions to make more informed and strategic decisions.
“To remain competitive, responsible, and resilient, retail banks and financial institutions need to modernize their approach to electronic security. Switching to a flexible and unified security platform can help centralize risk mitigation strategies and build a stronger and more secure foundation,” explains Rafael Martín, Sales Director, Southern Europe, Genetec.
Genetec Inc. is a global technology company that has been transforming the electronic security industry for over 25 years. It also develops cloud-based solutions and services designed to enhance security and bring new levels of operational intelligence for governments, businesses, transportation, and the communities we live in. The company’s flagship product, Security Center, is an open-architecture platform that unifies video surveillance, access control, license plate recognition (LPR), communications, and video analytics, all based on IP networks. Founded in 1997 and headquartered in Montreal, Canada, Genetec serves its customers worldwide through an extensive network of distributors, integrators, certified business partners, and consultants in over 159 countries.
With these key factors, Genetec continues to position itself as a leader in the electronic security sector, offering innovative and effective solutions that enable financial institutions to tackle the security challenges of the present and the future.