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BusinessLive reports that a technological battle to fight back against brazen cash-in-transit robbers has begun.
But while advances are being made in safety and security mechanisms to protect millions of rand in cash transported across SA daily‚ there is little legislation setting minimum standards for technology to be installed in vehicles or to compel cash-in-transit companies to use the technology. This was the message at a panel discussion on Tuesday on potential solutions to cash heists. The discussion‚ which involved the Gauteng government‚ police‚ Interpol and cash-in-transit security experts‚ witnessed a demonstration of the latest technology to protect money transported by road and being delivered to and collected from shops. "With over 170 cash-in-transit vans attacked on the roads since January‚ now more than ever we need everyone on board to combat these attacks‚" said AllCash CEO Graeme King. He added that a problem was that technology‚ which was being developed at a rapid rate by several companies in SA‚ was not being widely used by cash-in-transit companies. "Companies need to realise that it’s imperative that they start to deploy this technology to both save lives and protect assets," he urged.
- Read this informative report by Graeme Hosken in full at BusinessLive
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