3 Review(s)

We all grew up reading of bank heists by masked bandits, whom solitary security guards with cartridge belts were supposed to counter. Two developments have changed the scene. Computerisation of banking, in the first place, has spawned a whole new range of crimes, from ATM break-ins to online pishing. Secondly, the growth of cash-in-transit banking business has put 5,000-plus, currency carrying banks on the road round the clock. These are exposed to raids from extremists as well as upcoming criminals looking for new avenues. This compilation of papers by banking security experts alerts common account-holders as well as administrators to the new threats and challenges and suggests methods of ensuring greater safety for our savings.