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Using Security Cameras While Respecting Privacy

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Preventing internal theft, drug use and workplace violence; these are all valid reasons for using security cameras in the workplace. Such activities can cost your business plenty in terms of lost inventory, decreased productivity and injury. But while you are responsible to protect your company’s bottom line, you also need to respect your staff’s right to privacy. This article will give business managers and owners some guidelines for using security cameras as part of a reasonable security policy.

I know of a company whose IT people installed a web cam on a factory floor. They were preparing for a web cast from a trade show, and wanted to run some tests before going live. The conspiracy theories that started to fly when workers noticed the new camera would have made Jerry Fletcher proud. The camera came down, and fears were laid to rest, but the entire dust up might have been avoided by a simple memo explaining why and for how long the camera would be used. If you plan on deploying security cameras in your organization, please communicate with your employees and explain the new initiative to them. Express your concerns with theft, or safety, or whatever the motivation happens to be and give employees the opportunity to ask questions. This kind of openness will go a long way to alleviate the suspicions that security cameras can raise.

Communicating – whether via email, memo, or company-wide meeting – gives you another advantage. When you require employees to acknowledge your surveillance policy, you may be saving yourself from legal challenges down the road.

Stay Visible

In my opinion, security cameras should be kept in full view whenever possible. Not only do visible cameras have a strong deterrent value, but they are another way to encourage trust. Employees may be less likely to believe they are being watched covertly if they know where your cameras are stationed.

However, there are times when covert cameras are necessary. If a crime has been committed, recorded evidence may be necessary to prosecute the crime or prevent further instances. In such cases, a fascinating array of hidden cameras are available. Thanks to advances in miniaturization and wireless technology, cameras can be hidden in computer speakers, smoke detectors, eye glasses, neck ties, pagers, clocks, pens, exit signs and more. Just search on the term “covert cameras” or visit a company like Supercircuits to learn more.

Keep Quiet

The recording of audio is restricted under the Electronic Communications Privacy Act of 1986. The legal considerations for recording audio are outside the scope of this article. Suffice it to say that when you record audio, you are essentially wiretapping and you have to meet strict requirements in order to do so legally. Silent video recordings are not covered by the ECPA, so limit your surveillance to video.

Be Reasonable

There are certain areas, such as restrooms, that you just shouldn’t monitor. The law recognizes a “reasonable expectation of privacy” when considering surveillance issues. Public dressing rooms, restrooms and phone booths are all examples of places designed for privacy, and so a person can reasonably assume they are not being watched in these locations. Public areas such as shopping malls, sports stadiums, hallways and parking lots are not built for privacy and so monitoring and recording in such locations is usually legal. Let common sense be your guide when deciding where to install cameras. If you have questions, it’s in your best interest to speak with an attorney familiar with your state’s privacy laws before you begin your monitoring program.

Atherton  Locksmith can provide security for your assets, business and family Call Allied Lock 877-611-LOCK (5625)

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7 Ways to Protect Your Online Bank Transactions

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Sending your bank transactions surfing across the web can be as hazardous as piloting a ship through pirate-infested waters. Here are seven best practices for online banking security.

Use a dedicated PC. The American Bankers Association now recommends that businesses use a dedicated PC for online transactions.

Lock down your computer. So-called “locked down computing” can create a more secure channel to your bank’s server.

Establish dual control. Work with your bank to make sure that two individuals from your organization must authorize any transaction.

Get alerts. Sing up to be notified whenever an online transaction occurs.

Use strong passwords. ‘Nuff said. Read more hear for tips on creating strong passwords.

Check account balances at the end of the day. If you catch a fraudulent ACH transaction at the end of the business day, you may be able to stop it before funds are transferred.

Don’t “friend” strangers. Protecting your online identity is as important for businesses as it is for individuals. Don’t help hackers social engineer their way into your bank account.

Read More >>

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Announcing 2012 DBIR Participants

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Ah, the week between Christmas and New Year’s Day: lots of folks out enjoying “use or lose” vacation time, the pace of work a bit slower than normal, significantly fewer emails and other distractions demanding attention. A great time to reflect on the old, anticipate the new, and cross off some long-standing items from the to-do list.

Given the nature of the season, it’s also appropriate to ponder the topic of sharing. Sure, there’s the sharing of time, fellowship, gifts, and food with which we’ve all been involved recently, but as the year draws to a close, many of us on the RISK Team are also thinking about sharing of a different nature – incident sharing.

It’s doubtful that security incidents made the top of anyone’s wish list this year (or any other), but the knowledge gained through studying them and sharing lessons learned is often considered to be a gift worth keeping. Many of you will remember that our effort to study and share incident information with the world is done through the annual Data Breach Investigations Reports (DBIR). Though the publication is still a few months away, we’re very glad to give a foretaste of what our readers can expect early next year.

We’ve continued our efforts to expand the scope and perspective of the DBIR, and the 2012 version should be the biggest ever in many respects. One of the things we’re particularly excited about is that we will have participants representing the Americas, EMEA, and APAC regions. Submitting data and analysis for the 2012 DBIR are:

  • The U.S. Secret Service
  • The Dutch High Tech Crime Unit
  • The Australian Federal Police
  • The Irish Reporting and Information Service
  • The London Metropolitan Police

Read More >>

Atherton  Locksmith can provide security for your assets, business and family Call Allied Lock 877-611-LOCK (5625)

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ADT Unveils Custom Home Gold Service to Cater Exclusively

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ADT Security Services, a unit of Tyco Fire & Security, today announced the introduction of its ADT Custom Home Gold Service platform aimed at providing affluent homeowners with one-on-one, customized security and automation products and services to meet the demands of their lifestyle and home environment.
In addition to customized traditional security services such as burglary, fire, smoke and carbon monoxide alarm systems and services, ADT Custom Home Gold Service includes a selection of home automation offerings including full video services that allow homeowners to look in and record video of their home remotely from anywhere in the world.
“For many years, ADT has been helping our commercial customers meld emerging technologies into their security applications,” said John Koch, president of ADT North America.

Atherton  Locksmith can provide security for your assets, business and family Call Allied Lock 877-611-LOCK (5625)

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Anxiety Mounts Over Maturing Real Estate Loans

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Borrowers and lenders are starting to grapple with the billions of dollars in commercial real estate loans made during the boom year of 2007 that are coming due this year, in a greatly contracted economy.

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Experts have warned of a rash of recapitalizations, refinancings and building sales. In New York City alone, nearly $70 billion worth of commercial mortgages that were bundled together and issued as collateral for bonds are maturing this year. Of those, $26 billion, or 37.4 percent, are five-year loans that were originated during the height of the real estate bubble, when underwriting standards were loosest, according to data from the research firm Trepp LLC.

These include loans on prominent properties, including the Manhattan Mall, with $232 million maturing, and the Jumeirah Essex House, with a $180 million loan, according to Trepp.

“These loans are going to have the hardest time being refinanced since they were underwritten when property values and revenues were far higher,” said Thomas A. Fink, a managing director at Trepp. “We are going to see a wave of loans maturing this year, then again in 2014 and 2017, when the 7- and 10-year deals underwritten during the bubble mature.”

Most large commercial mortgage loans are typically not self-amortizing — that is, they require a balloon payment upon maturity.

While the number of loans maturing is expected to spike this year — $40.7 billion worth of securitized commercial mortgage loans matured last year and $49.5 billion worth is expected to mature in 2013 — the universe of lenders has shrunk. European banks, reeling from the debt crisis, have mostly stopped underwriting loans in the United States, while the market for commercial mortgage-backed securities remains relatively small, at roughly $30 billion in new issuance expected this year. And while insurance companies have increased their appetite for commercial mortgage loans, they are very conservative in their lending standards and selective in their deals.

“This means there may not be enough money available to refinance all of the debt that is coming due,” said Lawrence J. Longua, a clinical associate professor at the Schack Institute of Real Estate at New York University.

In a typical situation, a building that was worth $100 million in 2007 was financed with 80 percent debt, or $80 million. Now the loan — which was interest-only, meaning no principal was paid — is maturing. The borrower owes $80 million, but the value of the property has also dropped, to $80 million. This means that the ratio of the loan to the value of the property is 100 percent. Lenders have little appetite in this market environment for highly leveraged loans, so in one increasingly common outcome, the borrower will recapitalize the property by finding an equity partner to inject new capital into the deal, thereby lowering the overall amount of debt on the property.

Other possible resolutions include the lender extending the maturity date of the loan in the hopes that the property’s value will rise, or pursuing a foreclosure. It is also becoming more common for banks and other lenders to sell their loans to third-party investors who may negotiate with the borrower.

One factor that may drive more deal activity this year is that banks, special servicers and other lenders are eager to find solutions to troubled loans now, rather than postpone a resolution in the hope the market will improve down the road, said Scott Rechler, the chief executive and chairman of RXR Realty, which has recapitalized several properties in the last year, including the recent acquisition of 620 Avenue of the Americas.

“The first half of 2011 was very strong, with a lot of deal-making,” Mr. Rechler said, “but then several incidents, including the European debt crisis and the downgrading of the U.S. debt, made the market seem frothy. This was actually somewhat healthy because it put things back into perspective.”

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