Heritage Day – a golden opportunity for cash crime
This is a joyous time in which we celebrate our diverse cultures and rich heritage. But it is equally our experience that weekends like these also herald an escalation of organised criminal activity. This long weekend is the next ideal for our organised crime syndicates. Beware, they will attack and they will do so with force and brutality, often with no consideration for life or limb.
Security professionals offer the following simple tips to reduce retailers’ risk of becoming a victim of cash crime this long weekend.
TIPS: Cash on premises
Check that your cash vault has the ability to withstand the toughest of attacks – like keeping your cash secure even when criminals try to bomb your safe. The tougher the cash vault, the less likely the criminals will attack. They prefer soft targets that offer little or no resistance and from which they can escape as quickly as they can get their hands on the cash!
Ensure that cash is deposited into your cash vault frequently throughout the trading day, keeping the cash flow at points-of-sale to a bare minimum.
Avoid making manual cash deposits at an ATM or bank branch. Read more
TIPS: Manual banking (only if you really have to) The reality is that many business owners still make use of manual banking and DIY cash counting methods. While trying to manage the risk associated with these practices is difficult and undesirable, security professionals offer some guidelines worth considering:
Never announce to anyone when you will take cash to the bank for manual deposits.
Don’t carrying money bags or briefcases when going to deposit cash at an ATM or at the bank.
Refrain from driving to the bank in your company branded vehicle on a typical ‘pay day’. Read more
TIPS: Cash-in-transit (CIT)
Consider closing shop for a few minutes before and during CIT collections.
Alternatively, isolate and close down the cash office area during the collections and ensure that the room where the cash exchange or handover is being made has access restrictions.
Assist the CIT collection team by being prepared. This keeps the collection service time window short, sharp and safe. Read more
TIPS: Retailers, pay extra attention
Be on the lookout for suspicious vehicles and people lurking in the area – especially a few days before the long-weekend.
Urge staff to not disclose any information about the way the business is run and to report suspicious enquiries to the business owner immediately.
Report anyone wanting to know about banking habits, CIT providers or CIT collection times. Read more
TIPS: Check & increase security
CCTV cameras are a must in a retail environment, but the quality of the system is of utmost importance. Regularly check on the quality of your CCTV footage and make sure that footage is backed up and records activity at entrances and where cash is kept.
Test your alarm system regularly and ensure that your service is linked to a reputable and reliable armed response company. Motion detection in the ceiling should also be included.
Business owners should consider a robust cash vault that can withstand the toughest of attacks as well as explosives, and which is an effective deterrent for criminals. Read more
Our mailing address is: Cash Connect, Innesfree View, 4 Harris Street,Sandown Ext 20, Sandton, 2196, South Africa