This Week in Security - ZeroEyes Update, Video Management Software Market Estimated to Reach $30B, Meet ESA’s Team at ISC West and More!
ESA - Electronic Security Association
THE voice of the electronic security and life safety industry.
Each week, the marketing team at ESA gathers the latest news from the security industry for our weekly integrator round up!
This week we look at Market Estimated Growth, A surge in Phishing attacks, Meet the ESA Team at ISC West and more…
Don’t Miss Out on the Latest News and Technology
ZeroEyes Deployed at Illinois School District
ZeroEyes has continued?rolling out its proactive gun detection and intelligent situational awareness solution to educational institutions following the news that it has been adopted by Mount Pulaski Community Unified School District 23 (CUSD #23) of Logan County, Ill.
“In our close-knit town, we are committed to taking every possible measure to ensure that our citizens are safe,” said Fred Lamkey, superintendent of Mount Pulaski CUSD #23. “The deployment of ZeroEyes, along with our other security measures, should give students, staff, and administration peace of mind throughout the school year.”
ZeroEyes' software is now layered on existing digital security cameras at both of Mount Pulaski’s school campuses. If a gun is identified, images will instantly be shared with the ZeroEyes Operations Center (ZOC). If their experts determine that the threat is valid, they will dispatch alerts and actionable intelligence, including visual description, gun type, and last known location, to the community police department and school resource officer in as fast as 3 to 5 seconds from detection.
Read Full Article Here - ZeroEyes deployed at Illinois school district | Security Systems News
Video Management Software Market Estimated To Reach $30B By 2032
The global?video management software market?is expected to?reach $30 billion?by 2032, displaying a compound annual growth rate (CAGR) of more than 22% in the 10-year period starting in 2022, according to research by Fact.MR.
“Demand for video management software is expected to rise as of offers reliability, cost-effectiveness, and enhanced accuracy,” according to the report. “Also, the growing proliferation of video software to lessen crime rates is anticipated to augment the market size during the forecast period.”
Video management software can be integrated with various third-party solutions and equipment, including fire alarm systems, intrusion detection systems and video analytics to enhance the capability of the overall surveillance system. Such added features allow the software to offer facility managers various camera views, thus helping them to effectively deal with emergencies.
Read Full Article Here - Video Management Software Market Estimated To Reach $30B By 2032 - Security Sales & Integration
GenAI Drives 1,760% Surge in Business Email Compromise Attacks
A report recently published by Perception Point, a provider of advanced email and workspace security solutions, has identified a 1,760% year-on-year increase in social engineering-based Business Email Compromise (BEC) attacks over the course of 2023. Perception Point's '2024 Annual Report: Cybersecurity Trends & Insights' highlights how threat actors are leveraging increasingly accessible GenAI tools to scale and craft highly sophisticated and novel social engineering attacks.?
Phishing is still the top cyber threat, accounting for more than 70% of all attacks, with little change from the previous year. But quishing emerged as a new trending threat in 2023, accounting for 2.7% of all phishing attempts. Attackers are exploiting the prevalence and inherent trust of QR codes in modern life to turn a straightforward scan into a serious threat. Throughout 2023, 1 out of 18 (6%) QR codes sent via email were malicious.
Email continued to be the top attack vector, with 1 in 5 emails categorized as either malicious or spam. However, threat actors also exploited the expanding user workspace to target organizations in new ways:
Read Full Article Here - Report: GenAI Drives 1,760% Surge in Business Email Compromise Attacks -- Security Today
Insider-Driven Data Loss Events Cost an Average of $15 Million Per Incident
Since 2021, there has been a 28% average increase in monthly insider-driven data exposure, loss, leak, and theft events. Most of the respondents (85%) expect this trend to continue over the next 12 months. While most companies (99%) have data protection solutions in place, 78% of cybersecurity leaders admit they’ve still had sensitive data breached, leaked, or exposed.
As today’s risks are increasingly driven by AI and GenAI, the way employees work, and the proliferation of cloud applications, respondents state they need more visibility into source code sent to repositories (88%), files sent to personal cloud accounts (87%), and customer relationship management (CRM) system data downloads (90%).
Over three-fourths surveyed (79%) believe their cybersecurity team has a shortage of skilled workers, leading cybersecurity leaders to turn to AI (83%) and GenAI (92%) technology to fill the talent gap; but these aren’t a 1:1 replacement, and the report also cautions against the possible data loss risks of these tools.
Read Full Article Here - Study: Insider-Driven Data Loss Events Cost an Average of $15 Million Per Incident -- Security Today
Meet ESA’s Team at ISC West!
If you’re headed to ISC West next month then don’t miss out on an opportunity to talk to our?ESA?team that will be on site to discuss everything you need to know about membership, training and certification, business insurance and more. No one knows electronic security and life safety like we do.
INTEGRATOR MEMBERSHIP
The membership team works one-on-one with executives from high-potential companies, in the electronic security and life safety integration space.
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They’ll discuss what’s impacting businesses top and bottom-lines — and how ESA provides cost-effective solutions, resources and the largest network of integrators to help companies earn higher value projects, engage in strategic partnerships and tap a skilled workforce. Explore how membership can build your business through access to training, insurance, business savings, networking and advice at ISC West.
Schedule a Meeting:
CUSTOMIZED TRAINING PROGRAMS AND CERTIFICATIONS
Jared assists managers/business owners who are frustrated with inefficiencies, technician churn, licensing, and compliance. Specialized training is now a competitive necessity to attract, engage and maintain a skilled workforce that will lead you to higher profitability. We can design a cost-effective and easy-to-implement training blueprint with career pathways that will ensure your staff is well educated and compliant in your state.
Schedule a Meeting:
BUSINESS INSURANCE
Looking for competitive rates on general liability insurance? Crystal from ESA’s Security America Insurance Program customizes coverage options that align with the specific needs and risk of electronic security and life safety integration and monitoring companies. You can expect cost-effective insurance solutions on general liability, excess/umbrella, workers comp, cyber liability coverage and more. Expect competitive rates without compromising coverage quality. Security America can help you directly or work through your agent.
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BRANDING, EXPOSURE AND CONNECTIONS TO THE LARGEST NETWORK OF INTEGRATOR DECISION MAKERS
Our business development team connects manufacturers and service providers with key decision makers from some of the top electronic security and life safety integration companies in the nation.
They develop marketing strategies that meet unique needs through a variety of channel exposure opportunities available through ESA. These opportunities include associate membership, channel-specific advertising opportunities (print, digital, social, thought leadership), and participation in the Electronic Security Expo (ESX).
Are you looking to connect with key decision makers from top integration companies?
Schedule a Meeting:
ELECTRONIC SECURITY AND LIFE SAFETY PRODUCT AWARDS
Do you have a new or field-tested product or service that will offer significant growth opportunities for dealers, integrators, and monitoring centers?
Manufacturers and service providers serving the channel with innovative end user offerings and tools that help dealers, integrators and monitoring professionals become more efficient and profitable are encouraged to apply to the 2024 ESX Innovation Awards Program.
LeShauna can help you apply to help you gain credibility and exposure to the integrator/dealer pro-installed channel.
Schedule a Meeting:
Read Full Article Here - Meet ESA's Team at ISC West! - ESA (esaweb.org)
And that’s all for this week, but don’t forget to follow us on LinkedIn, Facebook and Instagram for real-time announcements of all our news content!
Sources: Security Systems News , Security Sales & Integration and Security Today