Linking cyber and physical security together transforms alerts into actionable intelligence. By capturing and analyzing data in real time, financial organizations gain a visual representation of risks across the business while accessing information related to the most critical events happening at any given time.
America’s banks prevented $9 out of every $10 of attempted deposit account fraud in 2016, according to the 2017 American Bankers Association Deposit Account Fraud Survey Report.
Dave Aflalo has protected Presidents of the United States, nuclear power plants and CEOs. Over a 35-year career, his work has spanned the industry spectrum and has included senior leadership roles ensuring security and safety in both the public and private sectors.
Sixteen years ago Mark Theisen was hired at Thrivent Financial as manager of safety and security. Today, it’s home, one that he says matches his personal values.
Since the late ‘90s in Canada, bank robberies have been on a decline; between 1998 and 2008, such incidents decreased by 38 percent, according to a report by Statistics Canada.
Concerns about cybersecurity are overtaking those about physical security in the banking sector, although perhaps most front-burner have been issues that cross over into both realms.
While many biometric modalities have been tried at the ATM, fingerprint biometrics has become one of the most widely used, partly because of its long history, but more importantly for its ease of use, performance, interoperability, ability to thwart imposters and low cost.
A study of 17 major banks by the University of New Haven Cyber Forensic Research and Education Group shows that six of them have weak password handling and that their password procedures are weaker than most social websites.