Intelligent CISO Issue 08 | Page 67

Surveillance evolves as cameras get a brain The facial recognition market is expected to be worth over US$10 billion by 2025 A Video surveillance systems are an important step towards enhanced security, but they have certain shortfalls – they are very dependent on the ability of the control centre and monitoring team to be alert to every moment on every screen, all the time. www.intelligentciso.com | Issue 08 “With surveillance cameras now in place virtually everywhere, it becomes extremely difficult to analyse who is where and what they are doing, all the time,” said Marius Coetzee, CEO of South Africa-based identity specialists Ideco. “This means traditional surveillance footage is typically used after an event to support investigations.” monitoring and control 24/7, automated facial wrapping and recognition, and even highly accurate identification. However, advanced new facial recognition technology has come to market to add intelligence to surveillance systems, allowing for proactive “It’s a complex environment and there is some confusion in the market about what constitutes facial recognition,” added Coetzee. Facial recognition is a fast-growing global market expected to be worth over US$10 billion by 2025 as organisations seek improved speed and accuracy in security systems. 67 dvanced new facial recognition technology is giving ordinary surveillance systems the ability to learn, analyse what cameras see, conduct market research and even proactively mitigate risk.