The city of Albuquerque, N.M., announced it would be launching a program that would network existing security cameras at homes and businesses in an initiative called SCAN, or Security Camera Analytical Network, according to the Albuquerque Journal.
According to a report by the market research company IHS Markit, while 41 percent of the 68 million wireless intruder alarm sensors sold across the globe in 2016 were wireless, only 4 percent of those wireless sensors were used in the large commercial sector.
A study by IHS Markit found that access control device shipments are expected to grow over the next five years, with IP-enabled controllers leading the way with double-digit growth each year.
According to the Fall River, Mass., newspaper The Herald News, the city’s police department announced it would no longer be using the gunshot detection system ShotSpotter, which covered about three square miles in the Fall River.
ADT, a provider of security and automation solutions for homes and businesses and ranked No. 1 on the SDM 100, announced settlements with Alder, its owner, Adam Schanz, and two Monitronics dealers — Alliance Security and Capital Connect — as part of lawsuits against those three companies and Schanz alleging the use of deceptive sales practices to mislead ADT customers.
COPS Monitoring, a Lydia Security Monitoring brand and provider of professional alarm services, announced its Grow Your Business roadshow. The no-cost seminars are designed to help alarm-installing companies learn how to manage attrition, optimize their teams to meet sales goals, and provide additional exclusive benefits that can help alarm-installing companies grow their business, the company described.
According to Reuters, Apollo Global Management is preparing to take ADT public at a more than $15 billion valuation, stating the listing could be the largest private equity-backed initial public offering since Hilton Worldwide Holdings went public with a $19.7 billion valuation in 2013.
Rep. Mike McCaul’s (R-Texas) will introduce the Cybersecurity and Infrastructure Security Agency Act of 2017, which would create a new cyber agency at DHS.