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#24 hour eSurveillance
igzysolutions-blog · 4 years
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Countering banking security threats-IoT
A survey by Research And Markets.com show the IoT in the Banking and Financial Services Market is projected to grow from USD 249.4 million in 2018 to USD 2,030.1 million by 2023 at a Compound Annual Growth Rate (CAGR) of 52.1% during the forecast period.
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 The convergence of operational and information technology with increased usage of IoT devices in product, application, and premises monitoring for banking are a few of the determinants propelling the IoT in the Banking and Financial Services market. Rising global ventures in IoT plus focus on services with real-time data flow are the main factors for growth and opportunities in the IoT in the Banking and Financial Services sector.
 The monitoring segment (cloud-based end-to-end monitoring solution that operates multiple machines from remote locations) is expected to grow at the highest CAGR during the forecast period. Monitoring solution provides a broad implementation of the business scenario. Also, it provides cost-effective maintenance, improves customer service, and creates new business opportunities.
 Why IoT?
The use of the Internet of Things to secure banks and ATM sites is the latest trend in the banking and finance sector. Various IoT supported devices help to reduce the rising operational costs of branches and ATMs while increasing their efficiency. Services of this technology are quickly being grabbed up by various banks all over the world. Read on to understand how exactly this technology is helping the ATM centres of banks.
 Working of devices
The Internet of Things allows various devices like wireless security cameras or special sensors to communicate with each other. For instance, unique sensors can easily detect live situations such as the temperature of the room and convey the information to the command centre. Likewise, IoT based sensors can also detect any activity inside the ATM centre and send alerts regarding those too. These IoT based eSurveillance sensors and smart cameras help banks cutting down their operational costs by nominalising the need for physical security guards and also reducing energy wastage.
 IGZY is offering managed eSurveillance and security solutions for banks and ATMs to help reduce their operational costs while reducing security risks. With our managed services of IoT based devices, we successfully helped out one of our clients in reducing their requirement for physical security guards from 8 to 2!
 We are offering our clients a platform, helping to sort out the numerous events that are triggered and prioritize these events to know when and where to act to manage your sites security and operations.
 Services provided by IoT
24-hour eSurveillance by our command centre with the use of wireless security cameras, help in maintaining the security of all your sites, be it a bank or an ATM during off-hours as well. Instant alerts are provided with the help of event-based motion and contact sensors in case of any intrusion in your site.
 With our single unified platform, get audit reports which enable you to keep a check on staff adherence to the policies of the bank and also keeping an eye on the security staff of the banks and ATM branches.  
 Burglar Alarm System with a panic button further enhances the safety and security of the branch by raising an alarm for immediate assistance. This helps in taking swift decisions without losing out a second. Moreover, with a two-way communication system, adequate warnings through voice can be conveyed by our command centre team, so they can leave the premise as soon as possible with the fear of getting caught red-handed.
 As we go through the news and reports these days, ATM crimes are on the rise and banks now need to look towards security more than ever. Safety of the banks boosts the confidence of your existing and potential customers in investing their hard-earned wealth in your bank, whereas ATMs, generally a soft target of the robbers can also be converted into a fortress with eSurveillance security services. This is how IGZY becomes your best partner in the endeavour of heightening security and efficiency of your branches.
  Become a part of the IGZY ecosystem to experience more!
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igzysolutions-blog · 4 years
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Secured banking with IGZY’s IoT
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These days technology has not only made life easier for people, but also converted the world into a global village. People are interconnected with smartphones, laptops and other devices make the business communication hassle free.
IoT stand for “Internet of Things.”The technology interconnects different devices with shared data and connection making the business smooth.
 To achieve efficiency in the tasks, it’s important to streamline them with the right technology. One such industry is the banking sector, where stakeholders are relentlessly looking for new mechanisms of enhancing the customer experience. IGZY, a leading IoT solutions company, provides technological safeguarding to the banks and other financial institutions by reporting unholy occurrences like robbery or thefts.  It also helps the company from staying ahead of its competitors. 
Let us explore how IGZY assists in transforming the banking sector through its IoT platform
 Uninterrupted Monitoring Service
 Substitute your ATM’s traditional security systems with IGZY banking security solutions. The IGZY Command Centre relentlessly provides 24-hour esurveillance, which neutralizes the demand of human interference. Our solutions are tried and tested by notable Indian banks
 Easy Video Retrieval
Retrieve video from IGZY cloud platform from anywhere any time. Ensure optimum safety with centralized monitoring for each and every bank branch by a single and unified IoT platform. The details can be accessed by the authorities on platforms like android devices or emails.  
 Instant Alerts and Notifications:
IGZY smart sensors provide real-time alerts in case of security breach inside the branch or ATMs. The burglar alarm system not only alert the authorities, but also warns the robbers.
 Cost-Effective
Hiring the night guards for ATMs and Bank branches can be history now with IGZY wireless security cameras. This will significantly reduce the over-dependence on physical security guards even at odd hours and hence cut down the expenses of hiring. IGZY does not only minimize human intervention, but also maximize the efficiency of the employees.
 Device Health Management
Receive real-time alerts whenever any camera goes offline or a sensor doesn’t work. Our IoT security solutions take proactive responsibility of your device health, to prevent any unfortunate incident occurring in your Bank and ATM branches.
 Conclusion
As the customer service is the heart of bank operations, and the principal interest of customers gives the banks lifetime income.So, the customers need to have reliance and faith in the bank. A high level of security increases the confidence of customers. A foolproof bank e-surveillance system effectively enhances the safety and security, which in turn can shape its public image and trustworthiness.
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igzysolutions-blog · 4 years
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Sense Analyse Act with IoT
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Advancement in mobile technologies and the Internet of Things are making a notable influence across diverse industries, offering consumer-facing products and assistance, improving service, personalization and oversight. The bank security systems, in particular, has welcomed digitisation with an open heart. Internet of Things is playing a huge role in the financial sector with the potential of transforming the economic and banking sector.
As banks deal with massive data and extensive data transfers, IoT aid banks and financial organisations to work smart with the aim of saving time and energy. IoT is also helping the BFSI industry in developing its whole security arrangement. Banks and financial organisations are now utilising the IoT technologies to reduce frauds, detect risks in advance and provide better services to customers.
 Moreover, Gartner predicts a large growth in the amount of “connected devices” by 2020. As per a report by the Gartner, there will be above 14 billion connected devices by the end of 2019, expanding to over 25 billion by the end of 2021.
 IGZY is a leading IoT service provider with an ecosystem of next-generation Bank Security and Surveillance System. With a single unified IoT platform, we are the eSurveillance solution partner of several top brands. This blend of IoT devices has successfully assisted in various perspectives on the growth of our client companies.
 For the best solutions, we must identify the primary issues.
 1. Lack of sensors in the shutter, vault room door and back rooms
 2. No formal command centre to take immediate actions
 3. The insecurity of data, fear of the DVRs getting destroyed or stolen
 4. Absence of instant alarming system in case of an attack
 5. Safety of ATMs compromised due to the lack of professional wireless security cameras and sensors
 6. Due to the current manual fire alarm system fire cannot be detected on or before time
 IGZY provide you with Surveillance Security Systems for bank, operating with a formula of Sense Analyze and Act. So, let us understand the procedures of the same.
 Sensing The Situations
• Safety & security sensors send notification as soon as a burglar tries to enter a branch/ATM Alarm. The alarm panel triggers siren to the command centre. Also, with the help of smoke sensors, any incident of fire can be averted.
• Surveillance cameras with the IFTTT technology visually verify the identity of the person/people trying to forcefully commit any action.
• IoT & Video Gateways/Routers with rule engines process the severity of events and prioritize them.
Analysing The Situations
• The 24-hour active IoT platform visually verifies the incident and speak to the intruder using the 2-way audio communication.
• The command centre follows the escalation levels and informs the customer, populated with the defined category and the information of the location. 
• Events get logged in with the tickets raised including remarks and comments.
Instant Actions
• Nearest police or fire stations are contacted without losing a moment. As security is considered as the top priority in every financial institution. Stay safe security by detecting any crime or incident even before it occurs.
• As all the data is saved securely in the cloud platform, incidents like loss of data or recordings are impossible. Hence, lock the evidence and reports safely and share it with the law enforcement officials to catch hold of the criminals.
• Engineers are allocated in the case of a device requiring maintenance, keeping the whole ecosystem of smart devices in good health.
Also, the inventive features like the Bank Burglar Alarm System with a panic button further intensify the safety and security of the branch, one can raise an alarm in case of immediate assistance if required. As the implementation of IoT services is digitized, it reduces the recurring costs from your security budget with hardly any dependability on physical security guards.
As the incidents of robberies are rising with new ways of improvisation, the banks and ATMs also need to upgrade their security standards to overcome those. Since the trust of the banks lies on the safety and security of their braches, IGZY help banks innovate and devise better means of countering risks and improving efficiency. So, contact IGZY to become a part of this revolution.Also, the inventive features like the Bank Burglar Alarm System with a panic button further intensify the safety and security of the branch, one can raise an alarm in case of immediate assistance if required. As the implementation of IoT services is digitized, it reduces the recurring costs from your security budget with hardly any dependability on physical security guards.
 As the incidents of robberies are rising with new ways of improvisation, the banks and ATMs also need to upgrade their security standards to overcome those. Since the trust of the banks lies on the safety and security of their braches, IGZY help banks innovate and devise better means of countering risks and improving efficiency. So, contact IGZY to become a part of this revolution.
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