Automated teller machines (ATMs) and other technologies make cash easily available to customers. For retail banks, however, the cost and complexity of operating these technologies continues to rise across the entire cash supply chain–from holding, counting, and validating cash to processing, transporting, and protecting it.

ATMs today provide more functionality through more advanced operating systems, enhanced security features and additional account services. Similarly, more advanced hardware features include cash recycling and optical scanning to improve counting accuracy.

What Does an ATM Escort Security Guard Do?

• Protect people.
• Protect objects/property.
• Prevent criminal actions including theft.
• Prevent violence at various events.
• To patrol ATM facilities and private properties.

ATMs are targets for fraud, robberies, and other security breaches. Today hackers are becoming more skilful and can bypass anti-skimming devices and encryption software and other theft deterrents. Financial organizations need to invest in many layers of ATM protection. Therefore, defence for ATMs should include a combination of penetration testing and layers of security processes and controls to help protect the machine and connected infrastructure. While financial institution ensures good physical security for ATMs, ATM Networks security measures need constant monitoring and upgrading.

Physical security checklist:

• Review the ATM’s perimeter for potential vulnerabilities and consider how a criminal might physically compromise a machine. Establish a perimeter security plan before installing a device.
• Educate in-store and on-site personnel to validate all ATM service personnel, establish a reporting protocol for reporting suspicious behaviour and periodically check machines for compromised components.
• Give cardholders an avenue to report a potentially compromised machine or suspicious activity.
• Check cameras and other security devices regularly to ensure they are in good working order.
• Install GPS tracking devices within both the cash and the device itself.

Benefits Of Using ATM Escort Security Services:

1. Deter Criminals:

Some ATM robberies are opportunistic. A criminal might see one of your technicians working on a machine and decide to try to force them to open it up. Your technician might look like an easy target if they are alone. If you hire an executive security escort, then they act as a deterrent. Criminals are less likely to target people if they can see that they have security with them.

2. Protect Your Technicians:

You need to protect your people while they service or repair ATMs. If they become targets, then their personal safety is at risk. They could get injured or even killed on the job if a trigger-happy criminal shoot them in the heat of the moment. A security escort protects your workers. They can handle incidents and ensure that your technicians stay safe. Your workers can do their jobs without having to worry about their personal safety.

3. Protect Your Assets:

If you have a criminal incident on an ATM service or repair job, then your assets could get damaged. Criminals don't always simply target the cash in machines; sometimes, they damage or try to remove the machines themselves. A trained security escort also helps protect your assets. If they minimize incidents or reduce their impact, then criminals are less likely to get what they want. Your financial and equipment loss and damage costs will be much lower.

4. Manage Incidents More Effectively:

While security escorts make your ATM jobs safer, you might still have some incidents to deal with. A determined criminal might try to hijack a repair or service job even if you have trained security guards there.

If you use a professional security escort service, then they can manage incidents fast. They are on the spot, so they can call for backup immediately. Most services also use enhanced communication and tracking technologies which help them respond quickly and effectively.

Advantages of Hiring Professional Bank Security Guards:

                                                         Money is honey is a well-known proverb that applies. That means money is among the most vital thing in anyone’s life, it allows us to gain our basic needs, food, shelter, and healthcare. Fulfilling these essentials in life is important, and in case anyone is unable to earn enough money to do so Bank Security Guard are important, and their well-being as well as the community’s well-being suffers a lot.

Today success is measured in terms of money the more money you earn the more successful you are considered. Even respect is earned with money rather than your character. Being rich is not easy you have to work hard day and night to earn the wealth, and along with that, you have to keep your money safe and secure from any theft. Thieves and criminals usually attack rich people to get money from them so it’s not safe to keep all your money at home. There is a risk of theft or any criminal attack. Banks are an institute that keeps your all money secure and safe.

More Than Just Stopping Theft | Importance of Bank ATM Security

ATM security and monitoring systems do more than just stop thieves; they bring a bunch of benefits:

• Less Money Lost: Without proper security, criminals could steal customer’s card info, leading to big losses. The Importance of Bank ATM Security stops this from happening, making sure your money stays safe. 
• More Trust from Customers: Trust is crucial in banking. Knowing that a bank invests in strong security measures builds confidence in customers. 
• Stopping Problems Before They Start: ATM security finds and fixes issues before they become big problems, keeping customer’s money safe. 

FAQ:

• What encryption do ATMs use?

To protect the information stored on the card with a magnetic stripe, its encryption is used. In order for machines of the same bank to accept plastic cards with a magnetic stripe, they use one key for encryption. Currently, most ATMs use a triple data encryption standard.

• How secure are ATM machines?

Modern ATMs are equipped with reliable security features. The machine can run sophisticated systems and networks to perform transactions. Data processed by ATMs is encrypted, but attackers can use hacking devices to break into accounts, so the security of each machine must be approached comprehensively.

• Do bank ATMs have alarms?

Some banks do not install alarms on ATMs that are on their premises. Surveillance camera may be installed around ATM.

• How can I protect my ATM card?

There are several ways to protect your card. You should regularly check your bank statements, do not give your PIN code to anyone, and immediately notify bank employees if there is a problem (card theft, etc.).

• Can ATM be hacked remotely?

Yes. Remote machine hacking is possible via ATM jackpotting. This method involves the activation of malicious software, which leads to the withdrawal of all cash.

• What software do ATMs use?

Any ATM is a computer with an equipment manager and a banking application. The banking application is designed to collect data from the user, send it to the host, and execute the response from the host. Modern banks prefer to equip their devices with solutions for ATM security, dispute resolution and fraud prevention.

• How does ATM encryption work?

Machine PIN verification applies an encryption technique. Access to the PIN codes of some cards issued by the same bank can help a fraudster determine the encryption key used by that bank.

Deep Security Services Pte Ltd is a specialized security service providing armed escorts for ATM repair technicians. Our escorts provide a safe and secure working environment that permits the ATM technician to service the equipment and get the ATM machine up and running as quickly as possible.

Deep Security Services:

Our ATM security escort are highly trained officers that will provide custom plans that will meet the client’s needs. Our highly trained armed escorts are licensed and carry a registered firearm and, and we equip them with two-way means of communication for effectiveness with the Control Centre. You can engage the services of our ATM escorts in high-risk areas or at night while performing:

• Cash Replenishment
• Emergency Cash Replenishment
• First Line Maintenance (FLM)
• Machine Balancing

With years of experience and expertise, we are a reliable security guards company engaged in offering well organized. We have built a strong reputation across Edmonton city and the way in which we operate is based on our commitment to providing an environment that is safe, secure, and built with trust and loyalty. ATM repair technicians may request armed escorts at a time through our 24/7 operations centre. We also provide a wide variety of additional services such as:

• Door Keys
• Vendor Escorts
• Employee Exit Interview Presence
• Customer escort
• Property management
• Executive Protection

Final thoughts:

With crime rates increasing every day and the high-level amount of theft, strong-armed robberies, and mugging occurring,  We take it as a responsibility of safeguarding premium equipment with the protection their need. ATM repair technicians may request for our armed escorts at any time. We strive to provide outstanding security escort services to all those who need it around Singapore city.