SlideShare une entreprise Scribd logo
1  sur  6
Cash Risk Shift…
…Acute or Obtuse?

…Staff, Customers…Emotional Bank Accounts

> we take the risk
The Risk Shift…

Retailers have become the “Softest” Target

> we take the risk
The Shift…
In the early 2000’s Bank & CIT robberies reached an all time high.
These sectors HARDENED their “targets” and attacks dropped markedly.
With Cash being the primary target of 95% of business attacks, the
demand for cash remained.
Criminals shifted their efforts to softer targets…THE RETAILERS.
During the decline of Bank & CIT Robberies, there was a simultaneous
INCREASE on Business Robberies and has remained on the increase ever
since.

Retailers are the new Soft Target

> we take the risk
The route of all evil…
Armed robberies RSA

16000
14000
12000

10000
8000
6000
4000
Banks & CIT’s Robberies
Total 0f 152 2012/13

2000
0
03/04

04/05 05/06 06/07 07/08 08/09 09/10 10/11
Bank robbery
CIT robbery
Business Robbery SA Police Services

Cash is the target of 93% of business attacks

> we take the risk
What’s the solution?
Be aware that:
1. 95% of business robberies are primarily for cash
2. 93% are done with “insider” participation
3. Criminals KNOW how “soft” you are and whether a robbery is feesible.

Install a solution that:
1. Your cash management solution should REDUCE your risk of an attack. If it is a
hardened site, criminals will know.
2. Your cash should be insured from the INSTANT you deposit it in the safe/vault.

DON’T:
Never install a safe that simply meets the minimum standards for cash
insurance, it will not reduce your risk of an attack. Loss of life or limb, the impact
on your customers and the inevitable drop trading can be expected from such an
attack.

Reduce your risk and maximise your cash guarantee

> we take the risk
Thank you

We take the risk

> we take the risk

Contenu connexe

Similaire à Cash Risk in Retail - South Africa - Cash Connect

The DNA of Online Payments Fraud
The DNA of Online Payments FraudThe DNA of Online Payments Fraud
The DNA of Online Payments FraudChristopher Uriarte
 
Simplex - NOAH17 Berlin
Simplex - NOAH17 BerlinSimplex - NOAH17 Berlin
Simplex - NOAH17 BerlinNOAH Advisors
 
Retail Cash Handling Market Story
Retail Cash Handling Market StoryRetail Cash Handling Market Story
Retail Cash Handling Market StoryVincent Gannon
 
Retail cash handling market story
Retail cash handling market storyRetail cash handling market story
Retail cash handling market storyGunnebo UK
 
Arca webinar kiosk marketplace Cash in Transactions
Arca webinar   kiosk marketplace Cash in TransactionsArca webinar   kiosk marketplace Cash in Transactions
Arca webinar kiosk marketplace Cash in TransactionsCraig Allen Keefner
 
Diamond bank annual report 2015
Diamond bank annual report 2015Diamond bank annual report 2015
Diamond bank annual report 2015Michael Olafusi
 
iBuying Goes Mainstream Presentation
iBuying Goes Mainstream PresentationiBuying Goes Mainstream Presentation
iBuying Goes Mainstream PresentationMike DelPrete
 
Corporate Social Responsibility (CSR), Financial Crimes and Anti-Money Laund...
Corporate Social Responsibility (CSR),  Financial Crimes and Anti-Money Laund...Corporate Social Responsibility (CSR),  Financial Crimes and Anti-Money Laund...
Corporate Social Responsibility (CSR), Financial Crimes and Anti-Money Laund...MdMehedhihasan1
 
Introduction to Operational Risk Management for Bank Junior Officers in India
Introduction to Operational Risk Management for Bank Junior Officers in IndiaIntroduction to Operational Risk Management for Bank Junior Officers in India
Introduction to Operational Risk Management for Bank Junior Officers in Indiamlvenkat
 
Introduction to Operational Risk Management for Bank Junior Officers in India
Introduction to Operational Risk Management for Bank Junior Officers in IndiaIntroduction to Operational Risk Management for Bank Junior Officers in India
Introduction to Operational Risk Management for Bank Junior Officers in IndiaVenkataraman Mudaliar M L
 
The white whales of fraud and where to find them
The white whales of fraud and where to find themThe white whales of fraud and where to find them
The white whales of fraud and where to find themPayment Village
 

Similaire à Cash Risk in Retail - South Africa - Cash Connect (12)

The DNA of Online Payments Fraud
The DNA of Online Payments FraudThe DNA of Online Payments Fraud
The DNA of Online Payments Fraud
 
Simplex - NOAH17 Berlin
Simplex - NOAH17 BerlinSimplex - NOAH17 Berlin
Simplex - NOAH17 Berlin
 
Retail Cash Handling Market Story
Retail Cash Handling Market StoryRetail Cash Handling Market Story
Retail Cash Handling Market Story
 
Retail cash handling market story
Retail cash handling market storyRetail cash handling market story
Retail cash handling market story
 
Arca webinar kiosk marketplace Cash in Transactions
Arca webinar   kiosk marketplace Cash in TransactionsArca webinar   kiosk marketplace Cash in Transactions
Arca webinar kiosk marketplace Cash in Transactions
 
Diamond bank annual report 2015
Diamond bank annual report 2015Diamond bank annual report 2015
Diamond bank annual report 2015
 
iBuying Goes Mainstream Presentation
iBuying Goes Mainstream PresentationiBuying Goes Mainstream Presentation
iBuying Goes Mainstream Presentation
 
De risking
De riskingDe risking
De risking
 
Corporate Social Responsibility (CSR), Financial Crimes and Anti-Money Laund...
Corporate Social Responsibility (CSR),  Financial Crimes and Anti-Money Laund...Corporate Social Responsibility (CSR),  Financial Crimes and Anti-Money Laund...
Corporate Social Responsibility (CSR), Financial Crimes and Anti-Money Laund...
 
Introduction to Operational Risk Management for Bank Junior Officers in India
Introduction to Operational Risk Management for Bank Junior Officers in IndiaIntroduction to Operational Risk Management for Bank Junior Officers in India
Introduction to Operational Risk Management for Bank Junior Officers in India
 
Introduction to Operational Risk Management for Bank Junior Officers in India
Introduction to Operational Risk Management for Bank Junior Officers in IndiaIntroduction to Operational Risk Management for Bank Junior Officers in India
Introduction to Operational Risk Management for Bank Junior Officers in India
 
The white whales of fraud and where to find them
The white whales of fraud and where to find themThe white whales of fraud and where to find them
The white whales of fraud and where to find them
 

Dernier

8447779800, Low rate Call girls in Rohini Delhi NCR
8447779800, Low rate Call girls in Rohini Delhi NCR8447779800, Low rate Call girls in Rohini Delhi NCR
8447779800, Low rate Call girls in Rohini Delhi NCRashishs7044
 
PSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationPSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationAnamaria Contreras
 
Cyber Security Training in Office Environment
Cyber Security Training in Office EnvironmentCyber Security Training in Office Environment
Cyber Security Training in Office Environmentelijahj01012
 
Guide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDFGuide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDFChandresh Chudasama
 
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCRashishs7044
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaoncallgirls2057
 
Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...Peter Ward
 
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!Doge Mining Website
 
Buy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy Verified Accounts
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Seta Wicaksana
 
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptxThe-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptxmbikashkanyari
 
Kenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby AfricaKenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby Africaictsugar
 
Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Kirill Klimov
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607dollysharma2066
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607dollysharma2066
 
Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.Anamaria Contreras
 
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu MenzaYouth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menzaictsugar
 

Dernier (20)

Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)
 
8447779800, Low rate Call girls in Rohini Delhi NCR
8447779800, Low rate Call girls in Rohini Delhi NCR8447779800, Low rate Call girls in Rohini Delhi NCR
8447779800, Low rate Call girls in Rohini Delhi NCR
 
PSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationPSCC - Capability Statement Presentation
PSCC - Capability Statement Presentation
 
Cyber Security Training in Office Environment
Cyber Security Training in Office EnvironmentCyber Security Training in Office Environment
Cyber Security Training in Office Environment
 
Guide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDFGuide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDF
 
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
 
Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...
 
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
 
Buy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail Accounts
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...
 
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptxThe-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
 
Kenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby AfricaKenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby Africa
 
Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
 
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
 
Call Us ➥9319373153▻Call Girls In North Goa
Call Us ➥9319373153▻Call Girls In North GoaCall Us ➥9319373153▻Call Girls In North Goa
Call Us ➥9319373153▻Call Girls In North Goa
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
 
Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.
 
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu MenzaYouth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
 

Cash Risk in Retail - South Africa - Cash Connect

  • 1. Cash Risk Shift… …Acute or Obtuse? …Staff, Customers…Emotional Bank Accounts > we take the risk
  • 2. The Risk Shift… Retailers have become the “Softest” Target > we take the risk
  • 3. The Shift… In the early 2000’s Bank & CIT robberies reached an all time high. These sectors HARDENED their “targets” and attacks dropped markedly. With Cash being the primary target of 95% of business attacks, the demand for cash remained. Criminals shifted their efforts to softer targets…THE RETAILERS. During the decline of Bank & CIT Robberies, there was a simultaneous INCREASE on Business Robberies and has remained on the increase ever since. Retailers are the new Soft Target > we take the risk
  • 4. The route of all evil… Armed robberies RSA 16000 14000 12000 10000 8000 6000 4000 Banks & CIT’s Robberies Total 0f 152 2012/13 2000 0 03/04 04/05 05/06 06/07 07/08 08/09 09/10 10/11 Bank robbery CIT robbery Business Robbery SA Police Services Cash is the target of 93% of business attacks > we take the risk
  • 5. What’s the solution? Be aware that: 1. 95% of business robberies are primarily for cash 2. 93% are done with “insider” participation 3. Criminals KNOW how “soft” you are and whether a robbery is feesible. Install a solution that: 1. Your cash management solution should REDUCE your risk of an attack. If it is a hardened site, criminals will know. 2. Your cash should be insured from the INSTANT you deposit it in the safe/vault. DON’T: Never install a safe that simply meets the minimum standards for cash insurance, it will not reduce your risk of an attack. Loss of life or limb, the impact on your customers and the inevitable drop trading can be expected from such an attack. Reduce your risk and maximise your cash guarantee > we take the risk
  • 6. Thank you We take the risk > we take the risk