HSBC plans major global expansion of office, staff surveillance: Report
HSBC is tripling security cameras and doubling biometric readers in key locations to address rising theft and enhance staff safety, investing about $15 million in London alone.
- In May 2025, HSBC announced its intention to enhance global employee and facility monitoring by increasing the number of surveillance cameras and implementing biometric entry systems across its locations.
- The plan follows rising theft incidents near HSBC's London offices and the bank's ongoing biometric policy starting in 2022 amid hybrid work resistance.
- The new London building will have an estimated 1,754 cameras—about four times the current 444—and double biometric readers to 779.
- HSBC emphasized its commitment to protecting its staff and has recently increased the surveillance budget for its new London building to approximately $15 million.
- This intensified monitoring, including planned Octopus tool deployments in India and Mexico, raises concerns about workers’ rights and wellbeing, highlighted by a May think-tank report.
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Exclusive: HSBC plans major global expansion of office, staff surveillance, documents show
HSBC plans to step up surveillance of staff and buildings by adding more cameras and biometric access to its premises globally, internal documents seen by Reuters show, a move that comes amid growing concerns about companies' extensive monitoring of workers.
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