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Money Theft Deterrent: Intelligent Locking and Monitoring in Bank

Money Theft Deterrent: Intelligent Locking and Monitoring in Bank
Authors:-Gangireddy Jayakumarreddy, Pikkili Hari Krishna, Dr.Selvarasu.S

Abstract-This work proposes an intelligent locking and monitoring system to significantly enhance money theft deterrence in banking environments. Leveraging advanced sensor technologies and AI-driven analytics, the system provides real-time threat detection and automated response. Integrated biometric authentication and multi-factor authorization protocols fortify access control to sensitive areas and cash reserves. The system employs dynamic locking mechanisms, triggered by anomalous activity, to prevent unauthorized entry and asset removal. Continuous video surveillance, coupled with intelligent image processing, identifies and tracks suspicious behaviors within the bank premises. Remote monitoring capabilities enable swift intervention by security personnel in response to potential theft attempts. Data encryption and secure communication channels ensure the integrity and confidentiality of sensitive monitoring information. Predictive analytics models are utilized to forecast potential security breaches and proactively mitigate risks. The system aims to minimize human error and response time, thereby increasing the overall effectiveness of theft deterrence. This intelligent approach provides a robust, adaptable, and scalable security solution for modern banking institutions.

DOI: 10.61137/ijsret.vol.11.issue2.203

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