Issue link: https://securitytechnologyexecutive.epubxp.com/i/656764
14 SECURITY TECHNOLOGY EXECUTIVE • February/March 2016 www.SecurityInfoWatch.com MARKET FOCUS A look at trends affecting the largest security verticals Encryption for IP-based Security Systems Leveraging AES 256 encryption protects networks B y Ken L a m arc a Physical security technology solutions such as IP surveillance and access systems, cloud storage and mobile monitoring and control are accelerating at a rapid pace and are increasingly exposed to cyber-attacks. This presents a real and present danger for private and public facilities, as professional security devices and systems continue to generate and share more data, and are net- worked on an enterprise level. Network Security is a Strategic Priority Organizations are too often painfully reminded - through multi-million dollar losses or the need to comply with regulatory mandates, audit corrections and customer demands - that new levels of security are required to guard against cyber-attacks. This new reality is no longer considered to be optional. In fact, cybersecurity vulnerability is one of the most pressing topics that the physical security industry, among others now faces. One recent attack on the federal government resulted in the theft of information for over 22 million people, another attack on the control room for a dam in a rural suburb of New York further documents that every level of federal, state and municipal government, as well as public and private facilities' infrastructure and data need to be protected against cyber-attacks. As networked systems continue to capitalize on their extreme efficiency and capabilities, they also open up a whole new potential threat from numerous sources with bad intentions. Security Essential in Product Design Imagine the potential threat to private and public facilities by hacking into IP video surveillance systems to reroute data or hacks into IP access systems to turn off alarms and open doors. With organizations becoming more aware of the value of their information and privacy, manufacturers must design better security alongside or within their products to provide users with secure physi- cal and logical security solutions. ■ ● ID Cards for Undocumented Philadelphia would offer municipal ID cards that could be used by undocumented immigrants to access city services, file police reports or potentially open bank accounts if legislation introduced last month to City Council is approved. The cards, proposed by Councilwoman Maria Qui- nones Sanchez, could also benefit a wider audience; in other cities, the cards come with perks ranging from gym discounts to museum memberships. The legislation has the backing of Mayor Kenney, who co-sponsored unsuccessful municipal ID legisla- tion in 2013 while a member of Council. "There is no question that something must be done to help bring Philadelphians out of the shad- ows," Kenney said in a statement. Municipal IDs, while offered in many major cities, are nonetheless controversial. Supporters say they help undocumented immigrants more fully partici- pate in society; critics worry they are a stealth path to legal status. » Read more at: www.SecurityInfoWatch. com/article/ 12177103 ● Survey: Global Fraud Ramped Some 45 percent of U.S. business organizations suffered from some type of fraud in the past two years, compared to the global average of 37 percent, according to a survey released Wednesday. "U.S. companies are growing their international operations, and the expanding role of the Internet and mobile technology in business can bring risk from beyond their geographic footprint," Pricewa- terhouseCoopers (PWC), an international accounting firm, said in its 2014 Global Economic Crime Survey. Cybersecurity has been at the heart of US com- panies' concerns since 2011, as 44 percent of the fraud experienced by U.S. organizations was in the form of cybercrime, the survey said. "The survey revealed that 54 percent of U.S. respondents reported their companies experienced fraud in excess of $100,000 with eight percent reporting fraud in excess of $5 million," according to the survey. In the U.S. 50 percent of the fraud was committed internally by company employees, the survey said, and 45 percent of the fraud was the work of exter- nal actors. » Read more at: www.SecurityInfoWatch. com/news/12177092 Read the full article at www.SecurityInfoWatch.com/article/12171282 Exclusively on SecurityInfoWatch.com