The use of video surveillance in banks is an effective measure in deterring crime. In this article, we will discuss the impact of video surveillance on crime rates in banks and the benefits of its use.
Video surveillance is the use of video cameras to capture images of people or activities for security or other purposes. The use of video cameras for security purposes has grown in popularity in recent years. The cameras can be used to capture images of people who are entering or leaving a business, for example, or to monitor activity in a school or home. Some video surveillance systems include motion sensors that can detect when someone is walking or driving near the camera. They can also be equipped with night vision capabilities to allow them to capture images in low-light conditions. Verkada is an excellent security system brand. Verkada has many security products, including a surveillance system for banks.
Video Surveillance Usage in Banks
In the early 1990s, video surveillance was used in only a handful of U.S. banks. Today, almost all U.S. commercial banks have some type of video surveillance system in place (Ditton, 2006). The impact of video surveillance on crime rates in banks has been extensively studied over the past two decades, and the majority of this research indicates that video surveillance does lower crime rates in banks (Evett & Hutchinson, 2002; Kappeler et al., 1998).
One study examining bank security cameras’ impact on crime rates found that after camera installation, robberies decreased by 88 percent, and larcenies decreased by 67 percent (Kappeler et al., 1998). The study also found that when crimes did occur, they were more likely to be solved with the help of security footage.
There are several possible explanations for why video surveillance reduces bank crime rates. First, cameras may act as a deterrent to would-be criminals; research has shown that criminals are less likely to commit crimes when they know they are being monitored (Clarke & Cornish, 1985; Eck et al., 2000; Skogan & Frydl, 2004). Second, cameras may help police solve crimes that do occur. Footage from security cameras can provide investigators with valuable evidence for identifying suspects and prosecuting crimes. Finally, security guards who are monitoring live or recorded footage can intervene quickly if they see a crime taking place, which may prevent it from happening or minimize property damage or injuries.
Bank Video Surveillance Benefits
A video surveillance system can help to improve customer service at your bank. By seeing what is happening in the lobby and other areas, bank staff can better serve customers. These cameras can also increase attendance by your employees. When employees know there is quality surveillance, they will be less likely to show up late or not show up to work at all.
By having a video surveillance system in place, you can reduce your bank’s liability in the event of a crime or accident, and you can help to reduce the chances of a lawsuit. A video surveillance system can also help to increase the efficiency of your bank. By being able to see what is happening in all areas of the bank, you can better manage your resources and plan for future growth.
Overall, the impact of video surveillance on crime rates in banks is significant. The presence of video surveillance has been found to reduce crime rates in banks by as much as 50%. This reduction in crime rates can be attributed to the fact that video surveillance can act as a deterrent to would-be criminals and provide law enforcement with evidence that can be used to prosecute criminals.