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Well researched, informative study of the CASH RISK SHIFT to Retailers in South Africa. Retailers have a 1 in 5 chance of falling victim to an attack, yet it is avoidable with the right strategy. Business crime has moved from Banks & Cash in Transit Companies…. to RETAILERS.
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Cash Risk Shift……Acute or Obtuse?
…Staff, Customers…Emotional Bank Accounts
Retailers have become the “Softest” Target
The Risk Shift…
Retailers are the new Soft Target
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.
The Shift…
Cash is the target of 93% of business attacks
The route of all evil…
03/04 04/05 05/06 06/07 07/08 08/09 09/10 10/110
2000
4000
6000
8000
10000
12000
14000
16000
Armed robberies RSA
Bank robbery CIT robbery Business RobberySA Police Services
Business R
obberies
16 377 (2012/13)
Banks & CIT’s RobberiesTotal 0f 152 2012/13
Reduce your risk and maximise your cash guarantee
Be aware that:
1. 95% of business robberies are primarily for cash2. 93% are done with “insider” participation3. 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.
What’s the solution?
We take the risk
Thank you
