Top 10 security must-haves for your bank
Choosing a physical security solution for your bank can be complicated, especially in this ever-evolving industry.
Cybersecurity has become a huge concern, not to mention that many banks are undergoing drastic transformations with services shifting from transactions to customer interactions. These new interdepartmental challenges mean that IT and physical security investments now involve the buy-in from different departments.
Your financial institution needs a security solution that will allow you to do more than keep people, assets, and data safe. Beyond security, you need a solution that will improve your day-to-day operations and provide you with valuable business insights.
So when choosing a physical security system, what should you be looking out for exactly? Keep reading for a list of key considerations. And if you’re looking for more detailed information, be sure to read our new whitepaper.
What to look for when choosing a new physical security platform
Check out the list below of what you should consider before choosing a new physical security platform for your financial organization.
1. Unification
Leave legacy systems behind and overcome silos. With a unified physical security platform, you can manage the security of all your branches from a single interface.
2. Hardware flexibility
Open your mind to open architecture. Unlike most legacy systems, an open architecture solution is inherently flexible – allowing you to choose the hardware and software that best suits your needs.
3. Data protection
Amp up your cybersecurity. Cybercrime levels are at an all-time high, so you need a solution that has built-in security features to protect all of your data.
4. Agility
Timing is everything. Your security teams need the ability to control edge devices and quickly access video evidence from anywhere, using their own tablets and smartphones.
5. Situational awareness
Get the right tools for the job. A map-based interface can provide valuable insight to your security team, who quickly need to know where they’re going and what to expect when they get there.
6. Risk mitigation
There’s risk in every situation. You need a system that can automate threat levels and react with or without human intervention.
7. Video investigations
Don’t waste time. Your security teams need to be able to react quickly. They can resolve issues faster by having all transaction data and branch video easily accessible from one interface.
8. Data storage
The future is now. Cloud or hybrid-cloud systems are the way forward, allowing for unlimited storage and high levels of security.
9. Compliance
Stay secure and stay compliant. Your physical security software should automate security policies, audits, and compliance reviews to avoid undesirable consequences such as fines and data theft.
10. Access and occupancy management
Keep people and buildings safe. Automate the access management of your branches and improve the workflow and efficiency of your operators and front desk staff, all while reducing the risk of manual error.
Ready for more?
Modern physical security solutions for financial institutions offer benefits that go far beyond simply improving security. You’ll want to look for a system that can gather a wealth of data from video surveillance systems, access control, automatic license plate readers, identity management, and a variety of other sensors and systems.
What’s crucial is having a unified and open physical security platform so that you can see how all this data fits together and benefits your organization.
