Keeping bank bags secure when transporting money

Criminals have been known to target people who handle money as they walk out of their place of business.

If you walk out of a business with a bag of money that is marked as a store bag, you’re basically wearing a big bulls-eye on your back. Whether you’re talking out of the business heading to the bank to make your daily deposit or you’re heading into the bank, you need to protect your deposit. A quick and simple tip is to disguise the deposit bag.

A safety tip that a female bank employer uses is that their all-female management crew was feeling particularly vulnerable when going to make deposits. They needed a way to disguise their deposit bag. They ended up coming up with the idea of using old purses and handbags to disguise the bag.

When they were ready to take their daily deposit to the bank, they would place the bank deposit bag inside one of their purses or handbags. They would remove their name tags to disguise themselves as just a typical customers when they walked out of the store.

At Hydeman Financial Equipment, we know handling cash is risky in any situation. If you are looking for easier ways to secure your cash,  contact Hydeman Financial Equipment today! Consult us for safer ways to transfer cash from businesses to where they need to go!

Movie Security: The Dark Knight Rises

Some of the best American films have focused on security, whether it be money or secret documents. This blog series will talk about the security questions posed in movies from flaws and or successes of specific security systems.

Earlier this week, we talked about The Dark Knight, which features a major bank robbery. The Dark Knight Rises is similar, except the villains use Bruce Wayne’s stock in his company to destroy Wayne Enterprises and take control of the city with the company’s assets. These assets, of course, include an energy source that can be used as a nuclear bomb.

The first scene including Mr. Wayne is when Selina Kyle (aka Catwoman) breaks into Bruce’s safe to take his mother’s pearls. But as Bruce soon finds out, she dusted for finger prints and took his finger prints.

Bruce mentions to Kyle that the safe is uncrackable.  Perhaps Mr. Wayne should have been using some of our safes.

Later on, Kyle sells Bruce Wayne’s fingerprints to people associated with the main antagonist, Bane. Bane then infiltrates the Gotham City Stock Exchange. Where this occurs:

[youtube http://www.youtube.com/watch?v=BAjEW2zgs_o]

In the real world, this would be clearly attributed as fraud and Bruce Wayne’s “reckless stock trading” would be reversed because of common sense. Unfortunately for Wayne, this is not the real world and Bane is able to put Gotham City in lockdown with the nuclear bomb now in the villain’s hands.

So there are a few lessons here:

• Make sure your safes are really uncrackable. 
• Don’t let someone steal your identity by keeping your fingerprints safe if someone can make trades on your behalf with them
• Don’t let a madman take control of Army-level weapons and vehicles

We’re aware that you or your business is not as high profile as Bruce Wayne and Wayne Enterprises and that a super villain is not going to target your business. However, you should still protect your business as best you can with security features. Many of our products are about making your bank or business more secure. If you would like to talk more about some of these products and how they can make your business or bank more secure, give The Hydeman Company a call at (913) 384-2620 today.

Movie Security: The Dark Knight

Some of the best American films have focused on security, whether it be money or secret documents. This blog series will talk about the security questions posed in movies from flaws and or successes of specific security systems.

The Dark Knight and The Dark Knight Rises feature two robberies in their movies. Unfortunately for Gotham City and Bruce Wayne, the bad guys got away with their robberies.

The first scene of The Dark Knight is a robbery.

You’ll notice that the bank robbers are able to get away with the crime because they were able to cut the bank’s emergency silent alert system. This is a typical bank security measure. Although, in this movie, these robbers are stealing from a bank that is mainly used by the mob so the silent alert system is actually going out to the bank, not 911 (as noted by the robbers).

The next security issue is brought up when the robbers try drilling into the safe to steal the money. The vault is protected with 5000 volts so when the robber tries to drill into it, he’s electrocuted.

Later on, we are shown a scene where Batman investigates the crime scene with the police. He takes out a device and scans a pile of cash. He notes that these bills are those he marked and gave to the police, confirming his suspicions that the mob is definitely involved.

While the police and Batman were not able to stop bank robberies (during these particular bank robberies), there were a lot of security measures put in place that made it difficult for the average bank robber to complete his or her plan. Eventually, Batman is able to capture everyone behind the bank robberies

As you can see, there are many types of ways banks can secure themselves. Many of our products are about making your bank more secure. If you would like to talk more about some of these products and how they can make your business or bank more secure, give The Hydeman Company a call at (913) 384-2620 today.

The next blog post, which will come out later this week, will discuss the bank security of The Dark Knight Rises.

Movie Security: Catch Me If You Can

Some of the best American films have focused on security, whether it be money or secret documents. This blog series will talk about the security questions posed in movies from flaws and or successes of specific security systems.

Catch Me If You Can was released in 2002 and it was a movie based on the life of Frank Abagnale (played by Leonardo DiCaprio). By his 19th birthday, he was conning millions of dollars by posing as a pilot for Pan American, a doctor in Georgia and a parish prosecutor in Louisiana. He successfully completed cons by forging checks.

Eventually, Frank Abagnale is caught when he was 21. I will not ruin the ending for you but Abagnale was able to reduce his time in prison by working for the the FBI and helping them create checks which are unforgeable.

The real Frank Abagnale is still alive and well. After serving less than five years in prison, Abagnale was released in 1974 under the condition that he would help the federal authorities with crimes committed by fraud and scam artists. He did not receive pay for this work. Because of his criminal record, it was hard for him to get and keep a job. However, he ended up getting a job with a bank after approaching them with an offer. He asked for $500 to speak to the bank about various tricks with “paperhangers” that are used to defraud banks. He then asked the bank to give his name out to other banks and Abagnale & Associates was formed, which was a security consultant agency that advises businesses on fraud.

Because of his work with legal fraud detection and avoidance consulting, Abagnale is now a legitimate millionaire. He still works with the FBI to this day and has been associated with them for over 35 years, teaching at the FBI Academy and doing lectures at FBI field offices in the UNited States. He is a faculty member at the National Advocacy Center, a member of the Board of Editors for Bank Fraud and IT Security and the Financial Fraud Law Report. His website states that his business has helped over 14,000 financial institutions, corporations and law enforcement agencies by using his fraud prevention program.

Here are just a few of his many accomplishments in security:

• Standard Register Company–since the early 1980s worked with and developed security features used on car titles, birth certificates, doctors’ prescription pads, negotiable instruments, packaging and luxury items.
• Novell–helped develop identity management software used by thousands of corporations, governments and financial institutions.
• Affinion Group—helped develop PrivacyGuard, a credit monitoring service now used by over 6 million Americans, as well as in Canada and the United Kingdom.
• ADP—designed their current payroll check issued more than 800 million times a year for the payrolls of thousands of corporations.
• First Data Corp (FDC)—designed the Integrated Payment Systems (IPS) Check currently the official bank check of over 3,000 financial institutions.
• Safechecks, Inc.—designed the SuperCheck and SuperBusiness Check considered to be the most secure checks in the world and used by thousands of municipalities, mortgage companies, title and escrow offices, and corporations.
• Appleton Papers—designed the Frank W. Abagnale signature watermark paper. One of the most secure papers in the world with numerous security features built into the paper stock and distributed exclusively by Standard Register Company, USA.
• Audemars Piguet—designed the anti-counterfeiting technology incorporated in one of the world’s most luxurious watches.
• Leigh-Mardon (Australia)—one of the world’s most sophisticated secure document printers and manufacturer of credit cards and smart cards. Helped design the Australian passport, Australian postal money order and numerous official international bank checks.
• The 41st Parameter—partnered with and help develop ImageMask—software that digitally blocks information on checks and documents from being seen online. This technology is used by some of the nation’s largest banks.
• Staples, Inc.—partnered with the world’s largest office supply store bringing security products and solutions to their consumer and business customers.
• Sanford uni-ball—helped develop the uni-ball 207 writing instrument. The only pen in the world that cannot be altered by chemicals or solvents. Over 20 million sold annually in the United States alone.
• In the past 31 years Mr. Abagnale has worked with 65% of the Fortune 500 Companies in America.
• Author of three books on white collar crime and identity theft—“The Art of the Steal”, “The Real U Guide to Identity Theft”, and “Stealing Your Life”
• Designed SequrZ secure number font used by thousands of corporations, government agencies and financial institutions to secure the written and dollar amounts on negotiable instruments. Click here to see image.

As you can see, Abagnale’s work is very prestigious. Many of our products have been produced because of his research and commitment to making this a more secure world. If you would like to talk more about some of these products and how they can make your busienss or bank more secure, give The Hydeman Company a call at 913.384.2620 today.

Benefits of Currency Recyclers Part 3: Security

According to the FBI, more than 38 million dollars was stolen from banks and financial institutions during 2011 in almost 5,000 robberies. That’s a lot of cash and a lot of crime. Clearly, when dealing with money, security is a major issue.

When it comes to security at any financial institution, there are common measures taken across the board. Security cameras, alarm systems, security guards and well-protected vaults are many ways that a bank keeps its employees and its assets from harm. While all of those are good things, though, there are clearly still ways to beat the system, which is why almost 40 million went out the door last year. That’s why anything a bank or financial institution can do to increase its security is usually a good thing—especially when security is one of the side benefits to an overall great product.

In our previous two blogs, we at Hydeman Financial have been talking about the benefits of automated currency recyclers, specifically the Glory RBU-11, which is what we believe to be the best on the market. These small machines dispense, accept, sort and store currency through a single source and function as a teller drawer. They are space- and time-saving devices that allow tellers to remain at their stations without having to go to and from vaults all day and are designed to increase productivity, save space, increase accuracy, boost customer service and, of course, increase security.

With the Glory RBU-11 Currency Recycler, bank notes spend less time out in the open and more time in secure storage. Because tellers don’t have to carry cash to and from their stations, it remains hidden from sight and less at risk. The currency recycler also comes with a UL291 24-hour safe, which means that money can be stored overnight without being transported to a vault. Its powerful alarm system allows for increased security alerts and can be connected into the bank’s existing alarm system. The Glory RBU-11 also maintains an electronic journal of all transactions, which decreases the possibility of employee theft.

In addition to the security features of the currency recycler, the device also allows banks and financial institutions to reduce the amount of cross-shipping across branches, which means fewer visits from the armored transportation companies—obvious security risks. Overall money sees less daylight, which makes for a safer, less threatening environment.

At Hydeman Financial Company, we want our customers to have the best equipment available so that they can succeed in business. It’s a challenging time, and our job is to help you overcome those challenges by connecting you to the right products. When it comes to the most value and best deal in a piece of financial equipment, we believe that the Glory RBU-11 Currency Recycler tops the list. Yes, it can enhance your security, but there’s so much more to it that it truly is an incredible investment. To find out more about the Glory RBU-11, either call us or visit our products page. And, if you’re curious about how it increases teller efficiency, we encourage you to read our previous post.

Stay tuned to the blog, as next week we’ll be talking about the RBU-11’s ability to transform your customer service. In the meantime, we at Hydeman Financial will be here to take your calls should you need us. Contact us today!