Retailers face increased risk for armed robberies over the festive season.
With an alarming figure of 52 armed robberies on SA businesses each day, retailers are aware that over the festive season they face an increased risk. It’s important to note that business robberies increased 337% in the last 10 years. During this period there is a significant rise in the flow of cash with the promise of year-end bonuses and savings for festive preparations and gift purchases,” says Richard Phillips, joint CEO of Cash Connect Management Solutions.
An analysis of the monthly national crime data for the five years from April 2006 to March 2011 revealed that murder and serious assault increased by as much as 50% during December each year, while incidents of burglary increased by 8% . During the festive season, consumers come with loaded credit cards, wads of cash, and leave with overloaded shopping trolleys – wrapped in the joy of safe-summer-expectations. Yet, crime syndicates and organised gangs also find the festive season a time to be jolly. These organised criminals come in large numbers, armed with automatic weapons, and with no regard for property, life or limb. As a result, South Africa’s retail sector has adopted ‘caution’
as its main directive.
“Extended trading hours to accommodate the influx of shoppers and holiday makers further create an opportunity for crime spikes. The upward spiral of robberies occurring at shopping malls is another reality. Fuel retailers and convenience store owners along the routes to and in our holiday destinations will be increasingly vulnerable to cash related violent crime during this period," adds Phillips.
Consequently many business owners have become accustomed to bracing themselves for the December period. Yet, whilst they wait all year in anticipation of their businesses blooming, they still continue to manage their cash with conventional methods, thereby posing a greater risk of losing their Christmas box. “The most modern and effective means of safeguarding cash on a business premises is to install an automated retail cash management solution that includes a robust intelligent cash vault that is built to a minimum SABS Category 4 standard.
"This solution guarantees that once the cash is placed in the vault, it’s as good as banked,” says Phillips. It’s up to business owners to take advantage of this technology. In the face of the dramatic rise in violent armed robbery, burglary and bombings against South Africa Retailers, Cash Connect’s retail cash management solutions have proved to be a major deterrent to these crimes. A festive mood encourages merry spending. Safeguard what you’ve worked so hard towards throughout the year – and don’t allow this to once again become a season to be jolly for our criminal underworld.
Others get hit we dont
Hit and run armed robberies on our ConnectrTM range of devices are very rare. Our robust cash vaults are built to SABS CAT 4 standards and are highly resistant to attacks of all kinds. In a climate of escalating robbery, burglary and device bombings, Cash Connect continues to completely outperform all business crime indicators. 2015 year-to-date figures (ending September 2015) clearly show that Cash Connect clients experience less than 1% of all device burglaries, less than 2% of all device bombings and zero (0) armed robbery attacks in the petroleum industry! The fact is that over the past four years only 1 client of ours has reported an armed robbery attack against his business!.
Opt for a trusted Cash Management Solution
Hit and run armed robberies on our ConnectrTM range of devices are very rare. Our robust cash vaults are built to SABS CAT 4 standards and are highly resistant to attacks of all kinds. In a climate of escalating robbery, burglary and device bombings, Cash Connect continues to completely outperform all business crime indicators. 2015 year-to-date figures (ending September 2015) clearly show that Cash Connect clients experience less than 1% of all device burglaries, less than 2% of all device bombings and zero (0) armed robbery attacks in the petroleum industry! The fact is that over the past four years only 1 client of ours has reported an armed robbery attack against his business! View our cash vault range I End-to-end-Solution.
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