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 …
