CASH MANAGEMENT CRIME REPORT FOR THE YEAR ENDING FEBRUARY 2017
Armed robberies, burglaries and the use of plastic explosives to attack cash deposit devices continues to rise.
Our information suggests that the number of attacks against retailers’ cash increased by over 150% and bombing attacks increased by over 400% between 2015 and 2016.
Against this background, the results of the analysis of attacks against Cash Connect’s cash vaults over the same period are very encouraging.
Over the past three years our clients have consistently experienced a very low number of attacks at 1.5 attacks per 100 cash vaults per year. This result clearly demonstrates that the presence of our cash vault in the store effectively deters most armed robberies and generally deflects criminals to softer and easier targets.
Of the attacks in the 12 months ending February 2017, 58% were burglaries in which grinding was the method of attack and 42% were attacks in which plastic explosives were used to try and gain entry to the cash vault.
76% of the grinding attacks were defeated and the criminals failed to access the cash.
75% of the bombing attacks were defeated and the criminals failed to gain access to the cash or the cash was destroyed in the process resulting in the criminals walking away without any reward for their effort.
These results demonstrate quite conclusively that Cash Connect’s range of Connectr cash vaults meet the robust criteria necessary to deter and deflect even the most professional of criminals.
This information is supplied courtesy of Cash Connect Management Solutions, your premium cash management and payment solutions provider.
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