1 minute read
By Courtney Mamuscia
Posted in Customer Engagement
ATM crime has been on the rise for some time; in early 2020, there were reports of an uptick in ATM thefts in St. Louis, Chicago, Baltimore and other major cities, as well as the bombing of ATMs in Florida. Reportedly, authorities have attributed this rise in incidents to the "low-risk and high-reward" of the crime, making superior security a vital requirement for any ATM strategy.
How Do ATM Attacks Happen?
“Hook and chain” attacks typically occur between 11 p.m. and 6 a.m., during which time criminals attach one end of a chain or cable to an ATM and the other to the rear of a (usually) stolen vehicle. The driver quickly accelerates to force open the safe door and access the cash. If successful, the criminals grab the cash cassettes and run away, leaving the stolen vehicle and any other equipment behind. Even if the attack isn’t successful, the damage to the ATM and surrounding structure can reach as high as $45,000. If successful, the perpetrators could get away with upwards of $150,000 from the cash cassettes alone.
So, what can be done about it? Join Verint, in partnership with Regions Bank, for a webinar on Thursday, December 10 from 2 - 3 p.m. ET to learn how to design and install a smart, secure ATM infrastructure that mitigates theft.
Featured webinar speakers include Matt Hubbard, Southeast Regional Sales Manager, Verint; and Randall Shields, Vice President, Senior Field Investigator, Regions Bank. Key focuses the panel of experts will address during the webinar include:
ATM criminals and theft can be deterred. Verint’s advanced security portfolio offers credit unions and banks the ability to protect ATMs through several hardware and software solutions that work in tandem.
To register for the webinar, click here. Can't make it? Register anyway and we will send you a recording.
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