How Cash-in-Transit Companies are attacked and how to stop it from happening

Feerica Articles, CIT Protection

Cash-in-Transit heists are organized criminal operations, executed with military-style planning and precision. Over the past 30 years there have been many different types of attacks on CIT service providers around the world. In some cases, these attacks lead to severe violence which not only puts the CIT crew and public bystanders’ lives at risk but also leads to substantial collateral damage.  The ProblemDue to the growing volumes of cash required in today’s cash supply chain, it makes CIT operators attractive targets for criminals. It is therefore imperative that CIT service providers are prepared for this ongoing risk. Most CIT companies use armoured vehicles with intelligent exit & entry doors in conjunction with drop safes and cubicles inside these vehicles where the cash is kept. Some CIT operators in certain countries are permitted by governing law to use firearms for protection but this often results in aggravating the problem as it increases the level of intensity of attacks from criminals who are also heavily armed. These criminal syndicates generally work in large teams and occasionally recruit corrupt CIT staff as part of their organization to assist them with large heists.  The Solution There are many different types of cash movements and country …

How ATM’s are attacked and how to stop it from happening

Feerica Articles, ATM Protection

These are the statistics and the harsh reality of the situation today. At Feerica, we believe we have the solutions to assist in stopping this global problem. We produce high-tech Intelligent Banknote Neutralization Systems (IBNS) for Commercial Banks, IADs, ATM’s and the Cash-In-Transit (CIT) business sector. Since 1982 our approach to the cash protection industry is one of providing solutions to problems. The ProblemThe increasing number of ATM equipment, its geographic spread and the large amounts of cash stored in each machine constitutes a substantial exposure to risk. They are one of the most attractive targets for violent attacks through several methods and techniques which include both physical and logical attacks.  Physical attacks include the use of gas and solid explosives, drilling, grinding and ram-raids on cash point machines to gain access to the cash contents. Physical attacks have increased in popularity and have evolved over time as the tools needed are easy to come by and are typically performed in regions where there is a low police presence or quick access to escape routes. These type of attacks have been known to happen shortly after ATM’s are serviced or replenished over month-end periods. Criminals often work in collusion with internal …