Overview: Understanding ATM Security
In recent years, ATM theft has become more and more common, likely due to ineffective ATM security and enticing success rates. However, these crimes are not always of the “smash-and-grab” variety, and are often much more surreptitious.
A lot of these more cunning ATM thieves are actually dishonest employees who are entrusted with protecting the very same cash that they devise to steal. To make matters worse, the maintenance, deposit retrieval, cash replenishment procedures, and other standard ATM services make it necessary for a distressing amount of individuals to have access to the ATM cash cassettes. Bank employees, armored carriers, and service personnel all need access to vulnerable ATMs in order to perform their jobs correctly. Until now!
Introducing the SafePak Cashbar! We know that when it comes to cash security, you don’t take any risks. Now you can rest easy knowing that the SafePak Cashbar provides total cash protection. Here’s how it works:
The SafePak Cashbar is a solid steel locking device that is permanently mounted directly in front of the ATM cash cassettes. Each steel Cashbar is locked with a high-security keyed deadbolt that physically blocks unauthorized access to the cash. Available for almost all brands and models of ATMs, cash dispensers, and check processing machines.
How The SafePak Cashbar Prevents Forced Entry & Insider Theft
When locked, The SafePak Cashbar physically blocks all access to ATM cash cassettes. When unlocked, the Cashbar allows access by swinging open from one side of the pick module to the other like a door. There are three main ways that the Cashbar protects your ATM cash: first, with sheer brute force; second, deterring thieves by delaying ATM break-ins beyond a reasonable time to avoid capture; and third, by isolating all cash liability to ATM cash replenishment personnel only.
Because ATM cash cassettes are typically protected by only one level of security (the locking device that initially opens the ATM for maintenance and cash services), most thieves presume that the entire crime will be over in a matter of minutes. After they’ve broken through this first obstacle, the last thing thieves suspect to find is an additional high-security lock that prevents all access to the ATM cash. Buzz Siler, inventor of the SafePak Cashbar, explains how effective this deterrent can be: “When you get somebody who breaks into an ATM who’s done it before and expects to see a cash cassette and be able to run away, and suddenly is faced with this gigantic metal bar and a high security lock, he’s going to look at that and ask, ‘Did I bring the equipment I need to break through this second level of security?” Thieves will have no choice but to flee the scene unsuccessful.
The most unique aspect of the SafePak Cashbar is the way it allows all daily ATM services, maintenance and deposit pulling to be done without exposing the cash cassettes to service personnel or bank employees. The Cashbar separates the weekly cash replenishment tasks from daily deposit retrieval and other service events. Therefore, all cash liability is isolated to just one party, the cash replenishment personnel, allowing management to immediately pinpoint the responsible culprits in the event of a loss.
Save Big by Eliminating Dual-Custody
With the Cashbar in place protecting your cash, deposit collection can be done by courier or armored carrier personnel under single-custody, instead of standard dual-custody, cutting CVIT expenses by more than 30%. Cash collection costs can be reduced even more by using the Night Drop Retrieval System, also known as The SafePak System. Click here to learn more about The SafePak System.
No more babysitting during ATM service and maintenance means increased employee productivity at your branch! The Cashbar removes the need for bank employee supervision from all ATM events, so your valuable employees are free to satisfy customer needs when the Cashbar is around. Maintenance, cash deposit pulling and cash replenishment can be outsourced to third-party vendors to save you time and money; the Cashbar ensures that only those doing the cash replenishment have access to the cash.