6, Aug 2024
Staffing Startup Instawork Acquires YC-Backed Able Jobs
Mumbai, August 06 2024: Flexible work app, Instawork, announced that it has acquired YC and Elevation Capital-backed startup, Able Jobs, to strengthen its product suite. This marks the San Francisco-based company’s first acquisition in India.
Instawork aims to leverage Bengaluru-based Able Jobs’s product innovations to enhance its own capabilities and explore new segments. This acquisition will also help Instawork build a product from India for the global market and benefit from Able Jobs’s expertise, the company said in a statement.
As a part of the acquisition, Ravish Agrawal, Co-Founder and CEO of Able Jobs, will serve as an advisor to Instawork, while Siddharth Srivastava, Co-Founder and CPO will join as a product leader in the Instawork team.
Speaking on the announcement, Ravish Agrawal, Co-Founder and CEO, Able Jobs, commented, “This acquisition marks an exciting new chapter for Able Jobs. We are thrilled to bring our knowledge and experience to Instawork, helping to build a world-class platform that benefits workers and employers globally.”
Sharing his views on the acquisition, Siddharth Srivastava, Co-Founder and CPO, Able Jobs, stated, “We see this as an incredible opportunity to utilize our strengths and Instawork’s resources to solve unemployment and hiring challenges more effectively and on a larger scale.”
Ravish and Siddharth founded able Jobs in 2019 as a career platform for early professionals in India. In the last five years, Able Jobs has garnered ~3 Mn users who have accessed the platform to apply for jobs, prepare for interviews, and get real world skills.
So far, more than 2500+ companies have also used the Able Jobs platform for their entry-level hiring. Able Jobs has also placed nearly 35,000+ professionals in the field of Analyst, Sales, Support, Marketing, Finance and more.
Able Jobs has raised a total of $2.3 Mn funding from Elevation Capital, Y Combinator, Titan Capital, Mynavi, and angel investors like Neeraj Arora – ex CBO of WhatsApp and Founder of Venture Highway, and Farid Ahsan – Co-Founder of ShareChat.
Instawork, which pairs hourly workers to companies that need to fill shifts, announced a $60 million Series D last year in May, to expand its use of AI, and match workers with shifts on its mobile app and platform. The company has raised a total funding of $160 million, and was last valued at $760 million. Instawork is backed by investors like Benchmark, Greylock, Craft Ventures, Spark Capital, Y Combinator and venture capital fund TCV.
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- By Rabindra
6, Aug 2024
NXP Delivers Customization for Payment Cards with JCOP Pay
New Delhi, 6th August: NXP® Semiconductors today announced JCOP Pay operating on JCOP 5 EMV®, designed to deliver a high degree of customer customization of payment cards, while simultaneously enhancing their security. With the most recently obtained EMVCo certification, JCOP Pay operating on JCOP 5 EMV enables customers to achieve a long lifetime for card issuance.
Inventory management represents a challenge for payment card manufacturers, as they need to be able to adapt to constantly changing consumer needs in a highly competitive industry. JCOP Pay operating on JCOP 5 EMV features flexible and secure reconfiguration up to the point of card issuance to the end consumer, allowing changes in payment scheme applications and settings. This enables efficient inventory management for customers, as well as accommodating special multi-application requests, giving customers improved customization options and increasing their overall flexibility.
“Customization and adaptability are crucial for payment card issuers,” said Christian Lackner, Senior Director, Secure Payment & Identification, NXP. “The flexible and secure reconfiguration options enabled by this newest generation of JCOP Pay allow our customers to rapidly shift existing inventory towards a changing set of consumer needs, ultimately giving them the flexibility needed to succeed in a competitive industry.”
6, Aug 2024
19-Year-Old Road Accident Victim with Severe Head Injury Successfully Revived at Fortis Bannerghatta Road
Bangalore, 06 August 2024: Fortis Hospital Bannerghatta Road recently treated a critical road accident victim who had sustained a traumatic head injury and a fracture in his right arm after a severe road accident in Hulimavu. A multidisciplinary team of doctors led by Dr. Raghuram G, Additional Director of Neurosurgery, along with Dr. Narayan Hulse, Director of Orthopaedics at Fortis Hospital Bannerghatta Road, successfully treated the patient using a multidisciplinary approach.
The incident occurred 2 months ago when 19-year-old, Raj (Name changed) was traveling in a car around 1:00 am. While sitting in the back seat, the vehicle toppled after hitting a footpath. As a result, he sustained a head injury, an injury to his right upper limb, loss of consciousness, and bleeding from his left ear, leaving him in critical condition and in urgent need of expert medical attention. Recognizing the severity of the situation, he was immediately rushed to Fortis Bannerghatta.
Upon admission, Raj underwent an MRI scan that revealed a diffuse axonal injury, a condition where the connection between the brain cells are disturbed causing swelling and bleeding. This injury severely compromised his ability to speak and move. Additionally, he sustained a fracture in his right upper limb, along with an elbow dislocation. Given the critical nature of his condition, a multidisciplinary approach was adopted, with a team of skilled neurosurgeons, orthopaedician, anaesthesiologists, and infectious disease specialists evaluating treatment options to ensure the best clinical outcomes.
The neuro team administered targeted medication to address his injuries, speech difficulties, balance issues, and memory impairment caused by the accident. Road accidents often pose serious challenges with minimal chances of survival. In this case, an integrated approach by the medical team, combined with quality care, enabled the patient to recover successfully. Customized rehabilitation efforts have also been instrumental in his journey towards healing and regaining his ability to lead a normal life.
Giving details of the case, Dr Raghuram G, Additional Director – Neurosurgery, Fortis Hospital, Bannerghatta Road, Bengaluru, said, “Quick medical intervention was crucial in stabilizing Raj’s condition after he suffered severe head injuries. This involved management in the NSICU with IV antibiotics, anti-seizure medications, and measures to reduce swelling. Following the initial treatment, a tailored rehabilitation program including physiotherapy and speech therapy, was pivotal in his recovery, enabling him to resume daily activities. Our multidisciplinary team worked closely to provide comprehensive care that addressed both immediate medical needs and long-term rehabilitation goals. Raj has successfully resumed his college studies and is currently undergoing weekly sessions focused on speech recovery.”
Commenting on the surgical procedure, Dr. Narayan Hulse, Director – Orthopaedics, Fortis Hospital, Bannerghatta Road, Bengaluru, said, “Given the fracture in Raj’s right upper limb, thin wires were used to stabilize the bones, while a plate and screws secured the fracture. Additionally, a part of the elbow joint was removed because it could not be properly reduced due to the nature of the fracture. Following these surgical interventions, the patient has shown significant progress in his recovery. With continued physical therapy and rehabilitation, he has regained substantial mobility and is steadily improving in his daily activities.”
Mr. Akshay Oleti, Business Head, Fortis Hospitals, Bengaluru, said, “We are immensely proud of our team’s relentless dedication and expertise, which have once again brought hope and healing to a young road accident victim. This successful outcome exemplifies our commitment to delivering exceptional patient care and advancing medical innovation through a collaborative effort from a multidisciplinary team of specialists.”
6, Aug 2024
AVIVA SIGNATURE GUARANTEED INCOME PLAN Named ‘Product of the Year 2024’ in Life Insurance
New Delhi, 06 August 2024: Aviva Life Insurance, India’s most trusted private life insurance company is happy to announce that its Aviva Signature Guaranteed Income Plan has been awarded the prestigious “Product of the Year 2024” in the Life Insurance – Guaranteed Income Plan category. The accolade, part of the 16th edition of Product of the Year, is a testament to Aviva India’s commitment to product innovation and excellence in meeting consumer needs.
Product of the Year is the world’s leading consumer-voted award for product innovation, recognizing the best and most innovative products across various categories. Product of the Year (POY) is selected through consumer research conducted by Neilson across India to identify innovation through a 100% face to face consumer voting via an in-depth survey. This research is the direct outcome of the pulse of consumers in India and follows a robust methodology.
Commenting on the recognition, Mr. Asit Rath, CEO & MD, Aviva India said, “We are honored to receive the Product of the Year award for our Aviva Signature Guaranteed Income Plan. This recognition is a testament to our relentless focus on innovation and our commitment to providing our customers with products that truly make a difference in their lives. At Aviva India, we believe in a holistic approach to wellness. Aviva Signature Guaranteed Income Plan not only ensures financial security but also supports overall well-being by providing peace of mind and stability for our customers’ future. We thank our consumers for their trust and support and we remain dedicated to delivering exceptional value and financial security to Indian families. Congratulations to all the winners!”
Commenting on the winner announcement, Raj Arora, CEO, Product of the Year India, said, “We are pleased to acknowledge Aviva India for winning the Product of the Year Award in the Life Insurance – Guaranteed Income Plan category. This recognition highlights Aviva India’s dedication to providing innovative and customer-centric financial solutions. Congratulations to the Aviva India team on this well-deserved accolade.”
The Aviva Signature Guaranteed Income Plan is a premier life insurance product designed to provide policyholders with a secure and predictable income stream. This plan offers guaranteed payouts starting as early as 2nd policy anniversary, ensuring financial stability and peace of mind for the long run. With flexible premium payment options and attractive benefits, it is tailored to meet diverse financial goals of Indian families, including retirement planning, children’s education, and long-term wealth accumulation.
Aviva Signature Guaranteed Income Plan is part of Aviva’s innovative Signature series that includes Aviva Signature Monthly Income Plan for lifelong retirement income, Aviva Signature Investment Plan- Platinum for market linked wealth creation, and Aviva Signature 3D Term Plan, their flagship term insurance plan. With a customer centric and innovative product portfolio, Aviva India is confident in winning more such laurels and serving their customers for the long run.
6, Aug 2024
Aster CMI Hospital offers Technology-Driven Solutions for Diabetic Foot Management
Bangalore, August 06, 2024 – To commemorate National Vascular Disease Awareness Day, Aster CMI Hospital introduces inauguration of dedicated Diabetic Footcare Clinic (DFC) with cutting-edge technology. By leveraging Artificial Intelligence and 3D CAD, the clinic offers a comprehensive services to prevent and manage various issues related to diabetic foot, thereby significantly reducing amputation risk and enhancing patients’ quality of life.
Diabetes is a leading cause of amputations worldwide, often stemming from foot ulcers. Traditional methods of managing diabetic footcare have limitations, often resulting in suboptimal outcomes. Aster CMI Hospital’s DFC aims to address this critical issue by offering a comprehensive and patient-centric solution.
By meticulously scanning patients’ feet and analyzing the data through AI algorithms, the clinic creates customized footwear that offloads pressure from vulnerable areas, preventing ulcer formation and promoting healing. This innovative approach significantly reduces the risk of amputations and improves the overall quality of life for diabetic patients.
“India is grappling with a diabetes epidemic, marked by alarming rates of subsequent foot ulcers and amputations. Our new Diabetic Footcare Clinic is a significant development in addressing and preventing complaints related to diabetic foot ulcers. By combining advanced technology with expert care, we aim to prevent associated complications and enhance the quality of life for countless diabetic patients. Our vision is a future free from diabetes-related amputations,” said Dr. Krishna Chaitanya, Lead Consultant – Vascular and Endovascular Surgery, Aster CMI Hospital.
The Diabetic Footcare Clinic also offers comprehensive diabetic foot care services, including wound management, vascular assessments, and patient education. By addressing the multifaceted nature of diabetic foot disease, the clinic aims to prevent complications and improve patient outcomes.
Commenting on the occasion, Dr. Nitish Shetty, CEO, Aster DM Healthcare India said, “Diabetic Footcare Clinic marks a significant milestone for us. We are setting a new standard for diabetic foot management and our strategic focus will also be on this domain given the extensive spread of the disease in India. This clinic is a testament to our commitment to healthcare excellence in diabetes foot care.”
“The Diabetic Footcare Clinic exemplifies Aster CMI Hospital’s dedication to a comprehensive tech-solution to diabetes-related foot crisis. We aim to prevent life-altering complications and enhance the quality of life for individuals living with this debilitating ailment. The objective is to create a secure and enjoyable future for patients where diabetes doesn’t impede mobility or independence,” said S Ramesh Kumar, CEO at Aster Hospitals Bengaluru.
6, Aug 2024
STAAH’s new ‘Day-use’ room feature enables hotels to diversify revenue stream
Mumbai: August 6th, 2024 – STAAH, a leading New Zealand-based hospitality solutions provider that has transformed the business processes of its partner hotels in India and across the world with its stack of hospi-tech solutions, has launched yet another feature that will benefit both travellers as well as hotels.
STAAH’s ‘Day-use room’ feature enables travellers, especially business travellers, to reserve short-term stays at hotels during long layovers between flights rather than endure extended waits in airport lounges. The feature also empowers hotels to attract this new breed of customers, enhance the overall guest experience and generate an additional revenue stream.
Day use rooms are designed to cater to the needs of travellers who require a comfortable space for a portion of the day, rather than an overnight stay. They are becoming increasingly popular and are much in demand these days, as they allow hotels to capitalise their room inventory during quieter periods.
“The evolving needs of travellers today are driving our partner hotels to adapt and cater to new demands. Our new ‘Day-use’ room feature fits right in as it caters to these shifts in the hospitality sector. Hotels can cash in on a new revenue stream coming in from short-term stays, and travellers can benefit from convenient booking processes and clear communication channels via our platforms like SwiftBook,” said Shoaib Ali, the National Sales Head of India, STAAH.
Travellers jet-setting between cities in India and across the world are reserving day-use rooms to freshen up, catch up on work emails, and even rest while on short business trips or before continuing on their journey. They prefer a few hours’ stay at the hotel to also ensure that their luggage is secure while they go about exploring the city.
6, Aug 2024
Geninnov Appoints Susan Gilbertson As Strategy Advisor In The US
New Delhi 06 August 2024 – GenInnov, an innovation-focused global asset management platform, announced the appointment of Susan Gilbertson as Strategy Advisor in the US as it looks to focus on its expansion in the US and its financial services platform.
Ms. Gilbertson will provide strategic input and expertise alongside Nilesh Jasani, CEO of GenInnov and Chief Portfolio Manager of LC GenInnov Global Innovation Fund, a long-only, innovation-focused, thematically diversified fund. The LC GenInnov Global Innovation Fund was launched by global investment institution Lighthouse Canton earlier this year and invests in companies poised for growth in the GenAI era.
Ms. Gilbertson has over 35 years of experience in global financial markets. Most recently she was the Head of US Equity Research at Mizuho Securities, USA and a member of the US Equities Operating Committee. Mizuho Financial Group in Japan is among the top 3 financial groups in Japan and top 15 largest financial institutions globally. Prior to that she was at Jefferies for 14 years, as the Deputy Global Head of Equity Research. Jefferies is consistently ranked among the Top 10 in the Americas. Ms. Gilbertson is the CEO and Founder of Susan Gilbertson Enterprise (SGE), which provides advisory and consultant services to financial firms looking to grow sustainably with a focus on strategy, organizational structure and team building. She has an MBA from the UCLA Anderson School of Management and a BSc in Banking & International Finance from The Cass Business School, London, England.
“I am excited to welcome Susan as an adviser to GenInnov,” said Mr. Jasani. “Her appointment reinforces GenInnov’s commitment to provide innovative, differentiated, and flexible investment opportunities in Asia and the US.”
“GenInnov is at the forefront of innovation in the Asset Management Industry, combining the latest in GenAI technology with fundamental financial analysis,” said Ms. Gilbertson. “I am honored to be a participant in GenInnov’s growth and at the opportunity to partner once more with Mr. Nilesh.” Mr. Jasani and Ms. Gilbertson worked together prior in research management at Jefferies, the global investment bank.
The LC GenInnov Global Innovation Fund is led by Mr. Jasani, an industry veteran with over three decades of market experience and a subject matter expert on GenAI. It aims to capitalise on the rapid innovation and its market opportunities, expecting significant wealth creation in sectors like biotech, healthcare, robotics, mobility, wearables, and clean tech.
Mr Jasani is based in Singapore and is a highly experienced and respected Asia equities industry professional. Most recently, he headed Jefferies Asia Equities and in 2010 was hired to build and lead Jefferies Asia Equity Research. Prior to Jefferies, Mr Jasani was hired in 2007 to build Credit Suisse’s India research team which was one of the top which was ranked one of the top-ranked research teams across various industry polls in 2009 and 2010, with Mr. Jasani individually receiving the highest accolades in his macro domains. Given his extensive experience in Asia financial markets and deep business connections in Korea, Taiwan and IBM, Mr Jasani has a front row seat to the disruptive innovation coming out of Asia and a proven ability to identify the top global investment ideas in innovation.
6, Aug 2024
Tenable Launches Advanced Vulnerability Intelligence and Response to Tackle Top Threats
New Delhi, 6th August, 2024 – Tenable®, the exposure management company, today announced the release of Vulnerability Intelligence and Exposure Response, two powerful context-driven prioritization and response features available in Tenable Vulnerability Management, Tenable One and Tenable Cloud Security. The combined power of these features contextualises vulnerability data from internal and external sources, enabling organisations to close the exposures that pose the greatest risks to their businesses.
Cybersecurity teams are inundated with troves of fragmented vulnerability and threat intelligence data, but Tenable Research reveals that only 3% of vulnerabilities most frequently result in impactful exposure. Tenable’s new capabilities (Vulnerability Intelligence and Exposure Response) help enable customers to pinpoint these key vulnerabilities with rich context, curated by Tenable Research, and close risky exposures.
“Without threat context and research insights, every vulnerability is a priority, creating a high-stress, low efficiency whack-a-mole scenario for security teams,” said Tenable’s Gavin Millard, VP of product management for Vulnerability Management. “Tenable is unleashing more than two decades of carefully curated exposure data to enable security teams to focus on the risk that matters most to their organization and communicate succinctly to stakeholders. The enriched intelligence and contextualisation takes prioritisation and response to a new level, providing security teams with the critical data needed to identify and reduce risk.”
In the last two decades, Tenable has collected and analysed 50 trillion data points on more than 240,000 vulnerabilities, capturing detailed vulnerability information and deep context. This enriched database supercharges Tenable Vulnerability Intelligence, enabling efficient proactive defence. Backed by the expertise of Tenable Research, Vulnerability Intelligence integrates comprehensive vulnerability sources designed to streamline data analysis and enable security teams to quickly understand vulnerability details. With comprehensive, action-oriented workflows from Exposure Response, security teams can prioritise asset exposures based on criticality, monitor remediation trends against SLAs and track progress against desired outcomes. This will help customers ensure resources are used efficiently, reduce risk and communicate value to stakeholders in business terms.
Vulnerability Intelligence and Exposure Response are available to Tenable Vulnerability Management and Tenable One customers, empowering proactive security for the modern enterprise. Vulnerability Intelligence is also accessible directly from Tenable Cloud Security. Key features include:
Threat Landscape Overview – Seven curated exposure risk categories provide a unique way to proactively surface key exposures that warrant further review by highlighting CVEs under CISA known exploits, active exploitation, ransomware campaigns, emerging threats in the news and more.
Natural Language and Advanced Search – Easy to use search function that enables security teams to search for specific vulnerabilities by CVE number or common name, review distilled knowledge available on a vulnerability and surface impacted assets quickly. Buildable advanced query that enables security teams to zero in on high-impact vulnerabilities by identifying groups of vulnerabilities based on VPR key drivers, common vulnerability scoring system (CVSS) metrics and Tenable Research metadata.
Campaign-Based Initiatives: Targeted campaigns and business segments using an end-to-end workflow that streamlines prioritisation and mitigation of critical vulnerabilities, designed to promote efficient use of resources and improved security outcomes.
Progress Tracking and Advanced Reporting: Advanced reporting capabilities provides clear accountability and visibility into remediation efforts and detailed reports on vulnerability trends, empowering data-driven decision-making and proactive security improvements, such as identifying bottlenecks, assisting with resource allocation and facilitating data-driven decisions.
6, Aug 2024
ISRO Immersion Challenge on AI for Space Innovation held at IIITH
Hyderabad, 6th August 2024: ISRO-NRSC and IIIT Hyderabad organized an AI for Space Immersion Program for startup and research-student teams nationwide. This day-long event held on Saturday brought together a dynamic community of startups, students, researchers, and industry experts to foster innovation and explore the transformative potential of artificial intelligence in the space sector.
Ideas were reviewed by the scientists and guidance was given to refine and improve the ideas, CIE-IIIT Hyderabad and ISRO with support from IN-SPACe organized this innovation event to seed interesting new ideas and solutions for space. Through interactive ideation sessions, mentorship from ISRO scientists, interaction with IIITH faculty, pitch workshops, and inspiring talks, the participants had the opportunity to validate their ideas and connect with potential mentors and investors. The speakers at the inaugural and finale included Anand Rajagopalan of TM2Space, Naga Bharath of Skyroot, Vinod Bothala (Outstanding Scientist) of ISRO, Vijaya Bhanu (Director PD) of IN-SPACe, KV Ramana (Dep Director) of NRSC-ISRO, P J Narayanan (Director) of IIITH
The ISRO Immersion Challenge witnessed robust participation with 177 applications received. Of these, 74 teams were invited for the immersion. The final 6 ideas included Green Propulsion for satellite delivery, AI-powered precision Rocket Control, Autonomous Swarm for Space Debris Cleanup, Precision Agriculture through crop surveys for accurate agricultural insights, and Democratizing Geospatial Data through a chat interface. The final winners were Expanse Cosmos (a startup based in Delhi) and Team Trishul (a student team from Chandigarh).
Prof CV Jawahar, Dean at IIIT Hyderabad said, “CIE at IIIT-H is an initiative to nurture innovations and startups based on support from research. We are very happy that ISRO and IIITH enabled this convergence of scientists, faculty, research students, startups and space enthusiasts to collectively come up with very interesting deep tech-based solutions for spac
6, Aug 2024
Securing Critical Infrastructure: The Radical Possibilities of Facial Recognition Systems
Securing critical infrastructure is important to protect the physical and digital boundaries of any economy. Security advisors and experts around the world are constantly engaged in strategising and devising policies for efficient incident detection and response protocols. The key motivation for such intricate planning is not only to secure the boundaries but also to safeguard resources, people, and information through and through.
To break it down, the National Institute of Standards and Technology (NIST) defines Critical Infrastructure as ‘systems and assets, whether physical or virtual, so vital to a country that the incapacity or destruction of such systems and assets would have a debilitating impact on political security, national economic security, national public health or safety, or any combination of those matters.’ Some of the most crucial sectors for a country are:
Homeland security
Water processing
Critical manufacturing
Resources are dedicated to preventing any disruptions in the functioning of these assets. This is essential to maintain socio-economic stability and keep safe from threats and adversities, operational failures, and global incidents. These critical sectors constantly remain vulnerable to risks and uncertainties, threatening the peace and balance of a country and catching the attention of malicious actors.
Events of crime and vandalism endanger peace, creating a sense of insecurity and unrest among the masses. Evidently, the damage to public property and resources is immense and affects the whole country. Sensitive information and data leaks due to weak cybersecurity, breaches, and unauthorised access compromise the country’s global communication channels, leading to the loss of critical digital resources. According to a 2023 report by Cybersecurity Ventures, the global annual cost of cybercrime is projected to reach US $10.5 billion by 2025, stating cybercrime to be the most immediate global threat. In another example, break-ins and security incidents in manufacturing, energy, and logistics units are greatly detrimental to operational flow and hence, disrupt the national and international supply chains.
The need of the hour is to establish a more reliable, accurate, and foolproof security system competent in safeguarding critical infrastructure. With the increasing footprint of technology in security, the best alternative is a smart solution that encompasses the capabilities of a video surveillance system, access control system, incident detection, and alert protocols.
Facial Recognition Technology
With 64% of countries using facial recognition systems (FRS), it is among the top three AI surveillance technologies adopted across the world. It is not limited by geographical boundaries, electronic configurations, or physical proximity. For securing large and small spaces, as well as physical and virtual premises, facial recognition technology has emerged as a phenomenal player in the security ecosystem. The following qualities set facial recognition technology (FRT) apart from other technologies:
Accurate Identification
FRT has achieved more than 99% accuracy in the identification and verification of an individual’s profile from their face image. This also indicates that the chances of false results are nearly zero. As a virtue of this accuracy and ever-evolving algorithms, the presence of a person of interest can be quickly tracked and addressed.
Improved Video Surveillance
Facial recognition expands the capabilities of a standard video management system (VMS), which is an indispensable part of perimeter security. It enriches existing VMS with intelligent analytical features, like premises mapping, incident detection, smart tracking, micro surveillance and control, etc. This enrichment increases the reliability of security infrastructure and strengthens protective measures.
Efficient Access Control
Access control mechanisms are set up to monitor and regulate access to sensitive areas, critical assets and premises, hazardous manufacturing units, or even control rooms. Access control systems facilitated with facial biometrics protect sensitive resources and areas from unauthorised access on account of identity theft or tailgating. This is not only limited to the physical premises but digital assets as well, such as servers, cloud resources, and data centres.
Quick identification, incident detection, and archived recordings support the security staff in monitoring and controlling incidents. As soon as an unidentified person is detected by the FRS or a potential breach is attempted, immediate alerts are sent to the security control interface calling for prompt response.
Liveness Detection
FRS is powered by advanced technology and algorithms supported by artificial intelligence, and it is constantly evolving with endless possibilities. One of its key capabilities is liveness detection. It enables the system to differentiate an image from an actual person, preventing the risks of identity theft and synthetic identities. Thus, helping strike security vulnerabilities and build a more robust and protective infrastructure.
Accessibility Benefits
Unlike other authentication methods, facial biometrics is not limited by situational constraints. FRS completes the authentication process of an individual as soon as they step into the range of the camera, defying proximity challenges. The face image serves as an added layer for access control, surpassing the limitations of physical cards and alphanumeric passwords. The system works seamlessly across geographical areas, offering high accuracy and uniformity.
The operational efficiency of a nation is undoubtedly dependent on its critical infrastructure and how well it is secured and maintained. In order to achieve a stable socio-economic environment, strong security and response protocols are required to be established at a foundational level. And facial recognition systems offer enormous possibilities for a conventional new world with more secure boundaries, integrated global operations and a safer environment where mutual association thrives.
“Facial recognition stands at the forefront of securing critical infrastructure in the Asia Pacific region. It is highly accurate and could be seamlessly integrated with existing surveillance systems and access controls. Facial biometrics sets a new standard in safeguarding national assets and maintaining socio-economic stability amidst evolving threats,” said Oleg Kurochkin, Business Development Director, APAC region, RecFaces.
