Many companies still find it difficult to justify the budget for physical security to protect against risks that may not have even occurred yet, or they see security systems as something that incurs expenses and does not generate revenue for their business.
But what if we told you that it is now possible to estimate this value, would you believe it?
Thanks to ROSI – Return on Investment in Security, a tool that is gaining traction in the world of electronic security, we can communicate more effectively the value that systems will bring to your business.
Want to learn more about it? Just keep reading this post! 😉
Optimizing Your Business Operations
As a concept, ROSI goes far beyond the usual discussion of protection understood by its users. Although the investment may be in security products and solutions, the benefits can now extend to all operational units of your business.
Today, electronic security systems, such as access control and video surveillance, have the capability to provide large sets of data. This data, combined with advanced analytics based on Artificial Intelligence (AI), has the power to provide insights and information to optimize operations in many areas of business.
In comparison to cybersecurity, ROSI highlights the overall impact that a potential data breach can have on your company, whether negatively affecting operations or the efficiency and results of the organization.
Additionally, it can also be used to explain how security systems can provide a return in terms of risk mitigation and other important values for each business.
Explaining in Practice...
Now that you are familiar with ROSI, it's time to understand what it estimates in practice.
We know that video equipment, access control, and various other devices and software can provide us with valuable information that would mostly be impossible to collect manually with the same speed, efficiency, and accuracy they offer.
Moreover, artificial intelligence (AI) and deep learning, often incorporated into electronic security hardware and software, help organizations gain additional insights from all the collected data.
Video analytics is a great example of ROSI in action. On the surface, video surveillance systems primarily function as a preventive security measure or part of a risk reduction strategy. However, integrated video analytics, such as people counting, access point detection, and building occupancy analysis, can be used for purposes far beyond security.
For example, the metadata collected from these analyses can be used to help manage remote/hybrid workforces, controlling access to ensure that personnel comply with new schedules that limit building occupancy and crowd density to meet health and safety protocols.
There are various possibilities, and each can be tailored to your company, but for them to be effective, it is necessary that the equipment and software chosen for your project are of high quality and have advanced security features to ensure that there are no unauthorized accesses to your data.
Why Invest in Quality Equipment
Once someone accesses your security system and steals your data, they will have enough information to carry out cyberattacks again, as well as being able to replicate them to gain deeper insights into your customers, in their own personal accounts.
Thinking about all the possibilities, Axis has developed advanced cybersecurity features that combat different types of attacks and reduce vulnerability to unauthorized access in your system.
For example, the AXIS Edge Vault protects the ID of Axis devices and simplifies the authorization of products on your network. Additionally, one of its upcoming releases (second quarter of 2022) allows signed video to add a sum of encrypted checks to each video frame, which is signed by the ID of Axis devices. This way, it is possible to verify if the footage has been tampered with after leaving the equipment.
Another well-known and praised feature by users of Axis equipment is the signed firmware that prevents unauthorized access to the system and the secure boot that ensures the equipment is free from malware if the user alters the factory settings.
To further enhance your company's security, Axis also offers the Trusted Platform Module (TPM), an independent hardware component that ensures that cryptographic keys and certificates remain secure and protected, even in cases of security breaches.
So far, we have only discussed how Axis equipment can eradicate the impacts caused by cyberattacks on security systems, but how can VMS software help further mitigate these risks? That’s what we will see now!
Milestone XProtect – The World’s No. 1 VMS Software
Having an effective video management software (VMS) is also an excellent way to ensure that the data generated by your surveillance system is fully secure and protected from attacks.
The XProtect, for example, software developed by Milestone capable of highly flexible customizations for all types of businesses, has a series of security features that keep your system and data protected from both internal and external threats.
Its encryption in recording and management servers is one of its major differentiators, as it performs high-level encryption and security (HTTPS) for web and mobile user access, in addition to physically separating the camera network from the client network.
Not to mention its secure handling of evidence end-to-end, which allows the user to password-protect video files and limit access to authorized users, ensuring that the evidence does not fall into the wrong hands.
Last but not least, its secure access to the system allows the responsible party to effectively control each user's access permission at the viewing level when multiple people need to access the system simultaneously.
Get to Know the AXIS Optimizer for Milestone XProtect
Now you might be thinking, “Should I invest in software or hardware?” and the answer is: the more security, the better.
We know that finding both quality software and hardware that work together may not be an easy task, but also thinking about making your daily life easier, the two examples we brought, besides being the best in the market and working together, have a feature that assists in the integration of Axis equipment with Milestone's analysis software, the AXIS Optimizer for Milestone XProtect.
It was developed by Axis to optimize the usability of cameras, providing important plug-ins that help unlock functionalities and advanced features of Axis devices in Milestone XProtect.
Phew... This time we bombarded you with important information, but many questions and interests may still arise. So don’t forget, come to IPMarket and get a quote from our specialized team!
