International bank vaults secured

August 2011 Security Services & Risk Management, Financial (Industry)

Chubb Integrated Systems, a division of Chubb Security South Africa, has completed a security solution for International Bank Vaults (IBV) in Durban. Chubb Security is a business of UTC Fire & Security.

Durban businessman Ashok Sewnarain is responsible for the IBV concept and requested that his facility complied with the highest bank vault security in the world. IBV’s security systems carry SABS Category 5 certification and the highest Swiss Security rating of UL3.

Bridget Aves, managing director for Chubb Security, KwaZulu-Natal, describes the security system. “The entire facility is monitored by closed circuit television (CCTV) as well as seismic detectors and an alarm system,” she said.

The CCTV system comprising cameras in and outside the premises, are not only monitored by the IBV on-site security officer but also by one of Chubb’s two computerised alarm monitoring centres which are set up and maintained in accordance with the national requirements set out by South African Intruder Detection Services Association (SAIDSA).

Integrated security

Linked via a wide area network (WAN), this enables one monitoring centre to take over and/or assist in the monitoring of alarm signals should the other monitoring centre be disrupted or out of commission for any period of time.

The on-site IBV security control centre is also designed to withstand power failures and maintain two-way radio communication at all times. It also monitors and archives all surveillance records and controls the temperature inside the vault.

All cameras record activities 24 hours a day, 365 days a year and are backed up on a daily basis. All doors are controlled by means of biometric access control. When clients, as well as staff, enter the facility, a digital image positively identifies each individual. Clients are then accompanied into the vault by one of IBV’s personnel.

Seismic detectors were also attached to all walls surrounding the vault. The seismic detectors will activate an alarm should anybody try to penetrate the wall by using explosives or modern tools such as diamond-tipped drills, mechanical and hydraulic pressure tools, flame cutters and thermal-lances.

In addition to this, Chubb installed an alarm system made up of anti-masking passive infrared movement detectors throughout the premises. The anti-masking passives are high-end passives designed to pick up movement within the premises. “These passives cannot be masked during the day if anybody had the intention of trying to bypass them,” says Aves.

Multiple alarm systems are active on the premises at all times. The alarm monitoring the vault is linked to Chubb’s monitoring centres, 24 hours a day, seven days a week. Chubb’s armed response personnel are also on standby at all times to ensure the safety and security of the possessions of IBV’s clients.

The IBV is South Africa’s first private safe deposit vault facility. A second facility in Sandton Square, Johannesburg, is due to open shortly and plans are afoot to expand the business internationally.

For more information contact Chubb Security Southern Africa, +27 (0)11 761 7000, www.chubb.co.za





Share this article:
Share via emailShare via LinkedInPrint this page



Further reading:

Visualise and mitigate cyber risks
Security Services & Risk Management
SecurityHQ announced its risk and incident management capabilities for the SHQ response platform. The SHQ Response Platform acts as the emergency room, and the risk centre provides the wellness hub for all cyber security monitoring and actions.

Read more...
Eighty percent of fraud fighters expect to deploy GenAI by 2025
Security Services & Risk Management
A global survey of anti-fraud pros by the ACFE and SAS reveals incredible GenAI enthusiasm, according to the latest anti-fraud tech study by the Association of Certified Fraud Examiners (ACFE) and SAS, but past benchmarking studies suggest a more challenging reality.

Read more...
Deception technology crucial to unmasking data theft
Information Security Security Services & Risk Management
The ‘silent theft’ of data is an increasingly prevalent cyber threat to businesses, driving the ongoing leakage of personal information in the public domain through undetected attacks that cannot even be policed by data privacy legislation.

Read more...
Data security and privacy in global mobility
Security Services & Risk Management Information Security
Data security and privacy in today’s interconnected world is of paramount importance. In the realm of global mobility, where individuals and organisations traverse borders for various reasons, safeguarding sensitive information becomes an even more critical imperative.

Read more...
Proactive strategies against payment fraud
Financial (Industry) Security Services & Risk Management
Amid a spate of high-profile payment fraud cases in South Africa, the need for robust fraud payment prevention measures has never been more apparent, says Ryan Mer, CEO of eftsure Africa.

Read more...
How to prevent and survive fires
Fire & Safety Security Services & Risk Management
Since its launch in August 2023, Fidelity SecureFire, a division of the Fidelity Services Group, has been making significant strides in revolutionising fire response services in South Africa.

Read more...
A long career in mining security
Technews Publishing Editor's Choice Security Services & Risk Management Mining (Industry)
Nash Lutchman recently retired from a security and law enforcement career, initially as a police officer, and for the past 16 years as a leader of risk and security operations in the mining industry.

Read more...
Risk management: There's an app for that
Editor's Choice News & Events Security Services & Risk Management
Zulu Consulting has streamlined the corporate risk management process with the launch of Risk-IO, a web-based app designed to consolidate and guide risk managers through the process, monitoring progress as one proceeds.

Read more...
Integrated information platform for risk management
Editor's Choice News & Events Security Services & Risk Management
Online Intelligence recently launched version 7 of its CiiMS risk and security platform. Speaking to SMART Security Solutions after the launch event, the company’s Arnold van den Bout described the enhancements in version 7.

Read more...
Global Identity Fraud Report revealing eight-month ‘mega-attack’
Editor's Choice Security Services & Risk Management
AU10TIX recently released its Q4 Global Identity Fraud Report, with the research identifying two never-before-seen attack patterns, with the worst case involving 22 000+ AI-generated variations of a single U.S. passport.

Read more...