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March Network enables leading financial institutions to improve security and operational performance, and reduce losses. The March Networks R5 software and the Financial Transaction Investigation application provides tailored reporting and case management tools, ATM and teller transaction data integration (local or central), and a host of analytic applications for detailed business intelligence.










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IN THIS ISSUE
News
     Reports Show Electronic Access Control, Biometric Sales To Grow
     Easy Access A Top Reason For Employee Fraud
     Connecticut Bill Prohibits Security Non-Compete Agreements
     Ponemon Institute Releases Yearly Database Security Survey
Business Beat
 
People in the News
 
Events
 
New Announcements from ACCESS CONTROL & SECURITY SYSTEMS
 
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Access Control Problems??

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News
Reports Show Electronic Access Control, Biometric Sales To Grow
Driven by the threat of terrorism, the need for securing business assets and employees and a stringent legislative environment, the market for electronic access control systems is set to reach $6.1 billion by 2010, according to a report by Global Industry Analysts Inc.

Even with maturity in the industrial, residential and commercial sectors, sales of electronic access control systems is one of the fastest growing sectors of the security industry. There is also a growing demand for heterogeneous technologies for security applications, and RFID technology is expected to contribute to market expansion.

Click here for the rest of the article

Easy Access A Top Reason For Employee Fraud
More than half of financial institutions surveyed see organized crime, increased employee access to technology and poor hiring/screening practices as the main contributors to employee fraud, according to a peer-review survey from Actimize, provider of transactional risk management software for the financial services industry.

Seventy-seven percent of respondents see employee fraud becoming more sophisticated while almost the same number, 73 percent of respondents, rate the finance industry's readiness to tackle the employee fraud problem as poor to somewhat acceptable. Of those who knew, 50 percent said they have had a case of data theft in the last year and their average "largest employee fraud" incident uncovered in the last five years was $874,961, while the single largest theft reported was $6,000,000.

Click here for the rest of the article

Connecticut Bill Prohibits Security Non-Compete Agreements
Gov. M. Jodi Rell (R-Conn.) has signed a bill prohibiting private security contractors from imposing non-compete agreements on security officers. The legislation enables security officers to be re-hired at buildings when security contracts change hands. The law takes effect Oct. 1, 2007.

"Non-compete agreements for low-wage workers are virtually unheard of," says Kurt Westby, Local 32BJ Connecticut State Director. "By signing this new legislation, Gov. Rell is helping keep Connecticut buildings protected by knowledgeable security officers regardless of turnover of security contractors."

Click here for the rest of the article

Ponemon Institute Releases Yearly Database Security Survey
Technological advancements allow enterprises to be efficient and connected in ways that were not possible in the past. This increased connectivity provides many benefits, but has also left businesses increasingly vulnerable to threats from outsiders as well as entities within their organization. As a result of these challenges, enterprises wrestle with how to protect their intellectual property and prevent the remediation costs and damage to brand that can result from unintended exposure of customer and employee data.

Application Security Inc. and the Ponemon Institute have conducted an inaugural study on database security to document how business and government organizations secure database resources and respond to targeted threats. The survey queried 649 respondents in corporate information technology (IT) departments within United States and overseas-based business or governmental organizations.

Click here for the rest of the article

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Secure Your Facilities with CyberLock

Videx manufactures CyberLock electronic cylinders designed to convert mechanical locks into full-functioning access control systems. A record of every entry and attempted access is stored in both the cylinder and key. One key can be used to access CyberLocks installed in doors, cabinets, containers, and padlocks throughout an entire facility.

www.videx.com/lock17
Videx, Inc.
1105 NE Circle Blvd.
Corvallis, OR 97330
541-758-0521,
Fax: 541-752-5285
sales@videx.com

Business Beat

  • NextStage Capital, a capital fund focused on Mid-Atlantic technology companies, has led an investment in Agilence Inc., Mount Laurel, N.J., a provider of event-based video analytics solutions.

  • Hewlett-Packard Co. , Palo Alto, Calif., plans to acquire Web application security vendor SPI Dynamics Inc. , Atlanta, to integrate the company's software as a unit in HP's Technology Solutions Group.

  • SimplexGrinnell, Boca Raton, Fla., has earned certified status in Microsoft's Partner Program, a designation that recognizes the company's expertise and impact in the technology marketplace.

  • Zenitel Group, Belgium, has announced the IP gateway between the AMAG 625 Access Control and Security Management System and the STENTOFON AlphaCom E IP system.


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Lenel, a UTC Fire & Security company, is a leading provider of software and integrated systems for commercial security markets. Lenel's flagship OnGuard security platform provides an open, seamlessly integrated solution encompassing access control, alarm monitoring, identity management, smart cards, biometrics, intrusion detection, digital video management, intelligent video and IT convergence. www.lenel.com

People in the News

  • videoNEXT, Chantilly, Va., a developer of security management solutions, has hired Ryan Kaltenbaugh, John Seckman and Edward Merten as development/sales managers

  • Marc Neile has been hired as sales and marketing director for American Fibertek Inc., Netherlands, a fiber optic transmission system supplier.

  • Digital Monitoring Products, Springfield, Mo., a manufacturer of intrusion, fire and access control products, has hired Jeffrey McAleer as vice president of sales.

  • Douglas Callen will serve on the advisory board for Prepared Response Inc., Seattle, a developer of crisis management planning and response systems.


Events


July 28-Aug. 2
Black Hat USA 2007 Briefings and Training
Caesars Palace, Las Vegas
Information: Call (206) 443-5489 or e-mail info@blackhat.com
blackhat.com

Aug. 1
United States Crime Prevention Through Environmental Design Conference (CPTED) 2007
Theme: CPTED For the Practitioner
Riviera Hotel and Casino; Las Vegas
Organizer: National Institute of Crime Prevention
Information: Call (813) 294-9757
www.nicp.net

Aug. 2
Network Video Recorder and DVR Selection and Programming Webinar
Topics Covered: Analog or IP video?: Benefits and applications, DVR system planning worksheet, network recorder planning worksheet, event recording (motion triggered, external system triggered), recording management (investigative procedures using digital video), system maintenance
Instructor: Steve Surfaro, strategic technical liaison, Panasonic Security Systems
Information: Visit www.panasonic.com/ptech

Aug. 4-8
Northeast Chapter AAAE Annual Conference and Exposition
Pittsburgh, Pa.
Organizer: American Association of Airport Executives
Information: E-mail aaaemeetings@aaae.org
www.aaae.org

Aug. 6-9
Next Generation Data Center (NGDC) Expo
Moscone Center North; San Francisco, CA
Information: www.ngdcexpo.com/live/11/

Aug. 6-10
USENIX Security Symposium 2007
Boston
Organizer: The Advanced Computing System Association
Information: Call 510-528-8649 or e-mail conference@usenix.org
www.usenix.org

August 7-8
Midwest Security and Police Conference and Expo
Donald E. Stephens Convention Center; Rosemont, Ill.
www.mspce.com


New Announcements from ACCESS CONTROL & SECURITY SYSTEMS

Now available at securitysolutions.com:

Featured Whitepaper
Building More Security into Building Security: How Fault Tolerant Servers Reduce Risk and Lower Costs for Access Control

June Issue
Security Intelligence Rises To A New Level, By Michael Fickes

Identity Convergence, By Sandra Kay Miller

May Issue
RFID Awakens, By Michael Fickes

On the Defensive, By David Dickinson



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