Security Systems News

JUN 2018

Security Systems News is a monthly business newspaper that reaches 25,100 security installers, product distributors, central stations, engineers & architects, and security consultants. Our editorial coverage focuses on breaking news in all major se

Issue link:

Contents of this Issue


Page 18 of 42 June 2018 S e C u RITY SYST e MS ne WS Guest Commentary 12 A Complete Solution for the professional dealer ALULA.NET Security the way consumers want it Integrated Cloud Video Smart Home Control Top Tier Network View our Connect+ Deep Dive Webinar today! to be on a meteoric rise. In 2017 alone, the annual cost of cybercrime hit $600 billion world- wide, fueled by the growing sophis- tication of hackers, the prolifera- tion of criminal marketplaces and cryptocurrencies and an expanded attack surface, according to a report produced by security firm McAfee in conjunction with the Center for By Spincer Koh A CC ord I ng to IHS fore- casts, the Io t market will grow to an installed base of 75.4 billion by 2025, with analysts predicting security and industrial asset management among the big- gest drivers. In fact, asset protection is of increasing global importance, especially as cybercrime continues The age of security convergence complex as ever-larger quantities of video and Io t sensor- related data need to be processed, analyzed and managed in context to digital forensic evidence. As a result, physical security technology is becoming an increasing- ly important tool in the fight against cybercrime and is expected to exceed $100 bil- lion by 2019, which is more than Strategic and International Studies. Cybersecurity has often been focused on conventional threats, but new Advanced Persistent t hreats and malware attacks are becoming unconventional, taking advantage of every new attack sur- face such as in the physical domain. As a result, monitoring this envi- ronment is becoming increasingly double today's market value. As the physical world becomes increasingly connected, closer attention needs to be paid to cyber and physical security risks to evaluate businesses' as well as our critical infra- structure's readiness for a cyber or physical attack. o rganizations do not need to recreate the wheel, however. n etwork and physical security can fight cybercrime, but there must be greater convergence among existing security approaches. Furthermore, there must be greater collaboration across private and government databases—tapping multiple data streams from mobile, CC t V, IP and geo location information. Until now, it has been difficult to incorporate security camera data with I t data to garner a full pic- ture of cybercrime activity. g iven the plethora of devices used in Io t , extracting data efficiently and evaluating to make real-time deci- sions based on actionable data, is incredibly challenging. Structured data, such as g PS coordinates and motion detection, are easily orga- nized and acted upon by comput- ers. However, unstructured data, such as video and images, is not so easily classified or understood. With the advent of advanced video analytics and Io t we will soon witness a new wave of security. By leveraging high-performance video analytics, business intelligence, AI facial recognition and machine learning, we will be able to make sense of unstructured data and transmitting, along with the time of collection to form an event and drive actionable insights. In doing so, we will be able to facilitate real- time responses to events from Io t devices and CC t V equipment that will enable us to notify authori- ties of suspicious network and packet activities or give businesses the power to detect a new copier repair guy has turned up at times well outside the usual schedule, for instance. And thanks to the growing con- vergence of Io t and advancing tech- nologies, we are now better able to intelligently analyze petabytes of structured and unstructured data, helping organizations not only pre- dict suspicious activities before they occur, but help crack down on local and cross-border cybercrimes. Moving ahead, the easier data is to access and analyze, whether this is structured or unstructured, the quicker suspicious activity can be flagged, and nefarious activity can be stopped before it occurs. Con- vergent security is the future and it shows great promise, serving as a shield and sword in battle against cyber and physical crime. Dr. Spincer Koh is the CEO and co-founder of Gorilla Technology, a provider of video intelligence and IoT big data solutions. Spincer Koh

Articles in this issue

Links on this page

Archives of this issue

view archives of Security Systems News - JUN 2018