By Sachin Murdeshwar

Mumbai: Bureau of Indian Standards (BIS) in partnership with India’s leading security solutions provider, Godrej Security Solutions, today hosted the BIS Security Conclave 2019 reflecting upon on the existing security challenges and emerging needs in the banking and non-banking sector.

The BIS Security Conclave is an effort to jointly build a sustainable ecosystem wherein all industry stakeholders work towards creating a secure space for both consumers and employees alike. Over 100 speakers and delegates who partook in the second edition of Conclave unequivocally concurred on the need for ushering in a security standard for the banking and non-banking sector.

The day-long event encompassed an engaging line of presentations by leading luminaries from the banking and non-banking sector. The theme of BIS Security Conclave 2019 was: Creating a sustainable security ecosystem. Capt. Rakesh Patney, Chief Security Officer – Bank of India during his session discussed security challenges in existing bank branches, while Brigadier Ashutosh Sirothia, Chief Security Officer at Union Bank of India elaborated upon the emerging security needs of banks.

At the event, K P Raghuvanshi, Former ATS Chief presented on the Security Challenges in workplaces and mitigation mechanisms. Offering a different perspective, Sabyasachi Ray, Executive Director at The Gem & Jewellery Export Promotion Council, spoke on the New Security Needs in the Gems and Jewellery industry. In a detailed presentation, Prashant Chouthkanthiwar, EVP – Design Godrej Security Solution, deliberated upon the latest security risks, technology trends and a range of innovative solutions created for Indian markets.

Commenting on the event, Shri Rajneesh Khosla,Scientist E and Head (Mechanical Engineering Department), BIS Spokesperson, said,“The BIS Security Conclave held in association with Godrej Security Solution today is a continuation of our efforts to help the institutions to evaluate and strengthen their security preparedness in offices, branches and ATMs by mapping them to industry best practices and our published standards. A holistic “standards” framework helps security solutions providers to develop the right products for the industry which meet the most stringent standards and live up to consumer trust. It also imparts requisite information to the decision markers and keeps them abreast of the latest trends and challenges to anticipate, plan, and minimise security risks at their institution. It is encouraging that the industry experts echo our vision of building smart, secure and sustainable banking and office spaces.”

Highlighting the importance of conclave, Pushkar Gokhale, Vice President and Head of B2B – Godrej Security Solutions, said, “As a responsible security partner, Godrej Security Solutions has always supported BIS’s vision to raise the industry’s standard of security preparedness. The discussions at the event were in line our recent consumer preference study (India’s Security Solution Quotient) which revealed that over 53% of consumers trust bank lockers to secure their primary valuables like jewellery and important documents. It is, therefore, prudent on the part of the banking industry and trusted security partners like Godrej to make concerted efforts to enable adoption of BIS standards, deploy stringent security measures to minimise risks, and uphold the trust bestowed upon these institutions by consumers.”