Page 25 - Security Today, November/December 2021

“Given that financial institutions can lose customers, revenue, and reputation because of a breach, this is hardly surprising.”
system, however, it also means transmitted data from the camera to the recorder or from the recorder to the management station.
Financial institutions still have to protect data at rest. In a physical security system, depending on IT policy this may include the video stored in cameras and recorders. This data may need to be encrypted in case hackers gain access to the recording plat- forms themselves.
PATCH MANAGEMENT
Hackers take advantage of vulnerabilities in operating systems and third-party applications not kept up to date. Keeping cur- rent with the latest software updates and firmware patches helps reduce a system’s attack surface significantly.
In order to protect their networks, financial institutions should work with vendors who monitor cybersecurity threats globally, then produce, and distribute patches. The dedicated Security- Computer Emergency Response Team, or S-CERT, at Hanwha Techwin, for example, monitors evolving cybersecurity threats
worldwide and develops patches to harden our devices against these threats. Through S-CERT, we are continuously working to future-proof our cameras.
WORKING WITH A TRUSTED SUPPLY CHAIN
Banking and financial institutions need to work with vendors who manufacture all aspects of their cameras or security system products and who control their own distribution. End-to-end, in-house manufacturing is the best way to ensure that parts and chipsets follow best practices. When a vendor controls all aspects of manufacturing, it also provides customers with peace of mind because they know that all upgrades or changes are coming di- rectly from the vendor rather than a third-party manufacturer.
To harden networks and protect against potentially devastat- ing data breaches, it is important to collaborate with physical security vendors who are already out in front of cybersecurity is- sues. A vendor with strong cyber hygiene can help financial insti- tutions and other financial institutions install
the advanced solutions they require to mitigate
against the risks of cyber threats.
David Uberig is the business development manager, Banking & Financial, at Hanwha Techwin.
Motion Transmitter and Portable Receiver
•Detects people or vehicles •Monitor customer traffic
•For use in a retail shops, garden centers
Or at home
• 1 Mile range from transmitter to receiver
WWW.SECURITYTODAY.COM 25 Untitled-4 1 9/7/21 10:32 AM