Saudi Arabia’s National Commercial Bank (NCB) will use IDIS technology to upgrade one of the regions largest financial surveillance systems, involving at least 1000 NVRs and over 2500 IP cameras, IDIS said in a statement
The bank, which serves more than 5.4mn customers and is the second largest in the Arab world, has chosen an IDIS solution to modernise its security and comply with the latest standards introduced by the Saudi Arabian Monetary Authority (SAMA) and the Ministry of the Interior.
IDIS, a manufacturer of surveillance technology in South Korea, has confirmed that the project involves an upgrade to full HD IP technology across 400 branches and more than 2580 ATMs, to be completed before the 2021 deadline.
The surveillance technology allows analogue and IP cameras to be used together, making the upgrade project easy to manage with a seamless, staged switch-over, the company added.
For this mission-critical project, IDIS’s Linux- based servers and proprietary protocols also offer the highest level of hacking resistance, while zero- configuration eliminates the need to manage IP addresses for each device, all of which give NCB the network security assurances they were looking for.
An important consideration for NCB was IDIS Intelligent Codec, which offers up to 90 per cent reduction in bandwidth and storage together with dual H.264/H.265 performance. This gives the bank significant, ongoing savings that allow video data storage rules to be complied with.
It also speeds up recording and helps make NCB’s new security system easier and more cost- effective to operate, said Harry Kwon, general manager of IDIS Middle East and Africa.
“With the upgrade already proving its value the bank’s central monitoring teams now work more efficiently, with their system providing event forwarding, acknowledgements, notifications and live pop-ups,” he added.
With the lowest total cost of ownership, the IDIS solution enables efficient maintenance and simultaneous remote upgrades for multiple devices and provides NCB with the assurance of the industry-leading IDIS Ultimate Warranty.
The project is scheduled to be completed in 2019, NCB and the associated IDIS solution will be the first to achieve full compliance with the new SAMA standards.
