Regional, national and international banks manage and operate branches, offices and other facilities across large geographic areas, requiring coordination of human resources, facilities and technologies, particularly as an outcome of acquiring or merging with other banks.
Most banks manage their physical security and handle crisis management from an operational risk and security division, and their information security and cyber emergency response from their technology division, which discourages collaboration, cooperation, threat transparency, regulatory compliance and the development of unified response protocols.
With the rise of digital cyber-crime, external and internal fraud, business disruptions, weather and fire events – banks need to enhance their crisis management response, resiliency, governance and business continuity capabilities.
Banks are also facing new national and international regulations, such as GDPR, FACTA, FinCEN, GLBA and others, each of which requires regulatory compliance strategies and tools.
THE SOLUTION OCTOPUS SECURITY FUSION CENTER:
OCTOPUS SECURITY FUSION CENTER INTEGRATIONS:
• A converged and unified security management platform that consolidates all the banks physical and cyber security systems, operations, response procedures and governance.
• An advanced integrations’ rule engine for correlating cybersecurity with physical security to detect possible insider threats.
• Machine learning for trends, predictions and abnormal event detection.
• Advanced incident management system for call taking, SLA times, response automation and messaging.
The control centre software system manages 4 desks:
1. Physical Security
2. Cyber Security
3. Technical support
4. Internal Fraud
Integration to 30 sub-systems such as:
o Access control
o Surveillance cameras
o Video analytics
o Fire alarm
o Intrusion alarm
o ATM systems
o Vaults and safes
o Parking systems
o Visitor systems