Addressing security risks while transporting cash

Addressing security risks while transporting cash

If you were to think about the idea of a cash in transit robbery, it's natural that your mind may wander towards famous films like Michael Mann's Heat or video games such as Grand Theft Auto. A highly coordinated armed attack on an armoured transport, men in masks, explosives - it's all the elements of exciting, highly improbable action cinema. 

Perhaps you would be surprised to learn, then, that these kind of robberies do in fact happen, even here in Australia. According to research carried out by the Road Safety Remuneration Tribunal, between 2000 and 2010 there were 61 reported cash in transit robberies, resulting in the prosecution of 126 offenders. The study also found that, in the final two years there had been a noticeable increase in the number of robberies, and most cases featured multiple armed assailants. 

With facts such as these, perhaps what we see on screen isn't too far from the reality. It certainly highlights the importance of having well trained and experienced security teams protecting cash in transit services.

The rise of amateur robbers

While Hollywood often somewhat romanticises the meticulous lives of professional robbers, in Australia attacks on cash in transit services are more often carried out by inexperienced individuals. The Australian Institute of Criminology believe that, given the increase in incidents across the nation, statistically it's likely that more amateur and intermediate criminals are targeting these services.

It's possible the cause of these increases is tied to the country's escalating ice epidemic, with the Australian Crime Commission noting that addiction to the harmful substance is linked to other violent crimes, including robbery. Whatever the cause, cash in transit services need to be prepared and protected whenever they head out on the streets.

Are my security procedures up to scratch?

Before you next need to transport money to or from your premises, take some time to assess your security situation. Safe Work Australia has some security advice for cash in transit services, with basic steps including:

  • Identify hazards
  • Assess risks
  • Control risks
  • Review control measures

Calculating where your potential danger spots could be, developing ways to minimise those risks and running simulation scenarios are all smart steps to take in your business, however there's only so much you can be expected to do yourself.

For added peace of mind, let the skilled and professional security guard services of NSR Security take control of your cash in transit needs. Talk to us today about how we can help your cash stay in the right hands. 

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