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Banking security and Return on Investment

11/27/2013 - 00:00

Speaking of bank security, not everything is cybercrime or computer-related fraud. The traditional risks have not disappeared and banking networks still require physical security measures.

We are witnessing a noticeable process of downsizing across the European banking sector nowadays. This is causing a change in the type of risk, due to the increase of outsourcing services.

The statistics confirm the decline in banking agencies attacks, but global crime rates remain constant, so there is an increase in ATM and CIT assaults. In Spain, for example, new Private Security Law requires to restudy access methods to 24H ATMs and bank branches.

It is a mistake to consider security as a mere cost center, only able to generate return on investment in terms of risk prevention or safety.

Among all categories of security systems, access control is the one that represents the most profound impact on operations. When combined with the proper tools and knowledge, an access control system can generate significant value.

An intelligent integration between access policy and the management of operational tasks will result immediately in increasing the operational efficiency. This rise is visible and measurable from the very system implementation, by reducing response times in remote interventions. In the same way, this integration will provide a complete traceability of workflows which will allow studying, refining and optimizing certain internal processes, all thanks to technology.

The access management system will help in improving service levels by integrating it with other internal systems, such as alarms managers, intrusion managers or HR processes.

If the security division manages to deliver a solution that ensures all these improvements it will not only avoid being an obstacle in providing the best quality of service to its customers, but it will become a strategic factor in achieving the core business objectives.