Our mission is to help businesses connect, protect, and derive more value from their assets. As a leading global innovator, developer, and supplier of IoT solutions, we drive continuous innovation to enable our partners to deploy confidently at scale worldwide.
Automated Teller Machines or ATMs often contain substantial amounts of cash, making them attractive targets for criminals seeking an immediate and significant payoff. Stolen ATMs can also be dismantled and individual parts sold, providing another source of profit.ATM securityis crucial for financial institutes as they can be extremely vulnerable to theft and damage for several reasons:
- Accessibility: ATMs are designed to be easily accessible to the public, making them potential targets for theft. Their placement in public areas, including remote or less secure locations, can increase vulnerability.
- Cash Content: ATMs typically hold a significant amount of cash, which makes them highly valuable for anyone seeking immediate financial gain. The presence of cash in the machines increases the likelihood of theft attempts.
- Physical Security: While ATMs are built to withstand tampering and attacks, they can still be vulnerable to physical breaches. Criminals may employ various techniques, such as using explosives, cutting tools, or vehicles to forcefully remove the ATM from its location.
To prevent these risks, financial institutions and ATM operators can implement anATM security systemusing IoT.
Benefits of UsingATM GPSfor Security
Financial companies and banks utilizeATM trackersfor their machines for several reasons:
- Theft Prevention:ATM security systemsact as a deterrent for potential thieves. The knowledge that ATMs are equipped with an ATM tracker can discourage criminals from targeting these machines, as it significantly increases the risk of being apprehended.
- Rapid Recovery: In the unfortunate event that a machine is stolen, ATM trackers can be switched into a recovery mode that enables the authorities to quickly locate and recover the stolen machine. Real-time location information provided by GPS systems enhances the chances of a prompt response, increasing the likelihood of recovering the stolen ATM and minimizing financial losses.
- Preventative Maintenance:ATM GPSdevices allow financial institutions to monitor the status and usage of their ATM machines efficiently. They can track the machines’ locations, optimize cash replenishment routes, and ensure that ATMs are functioning properly.Preventative maintenanceenhances operational efficiency, reduces downtime, and improves customer service.
- Insurance and Risk Management:ATM security systemsmay be required by insurance providers as a risk management measure. By installingATM trackers, financial companies and banks can demonstrate proactive efforts in mitigating theft risks, potentially reducing insurance premiums, and ensuring compliance with insurance policies.
ATM trackersprovide an added layer of protection for the machines by deterring theft, facilitating swift recovery, aiding in criminal identification, optimizing operations, and satisfying insurance and risk management requirements.
Digital Matter Solutions
Digital Matter’sbattery-powered GPS trackers are ultra-rugged in their design with IP68-rated housing, allowing them to perform at the highest level in the most extreme conditions.
Our devices are engineered with a ‘deploy-once’ long battery life lasting up to 10+ years using off-the-shelf user-replaceable Lithium, Lithium Thionyl Chloride (LTC), or Alkaline batteries. Discrete and easy to conceal,ATM trackerscan be easily installed for a comprehensiveATM securitysolution.
AllATM GPSdevices are designed forflexible configuration, enabling banks and financial institutes to monitor important data accurately. Settings can be managed remotely for multiple devices to easily set configurations in bulk when provisioning.
Several of ourATM GPS devices are also equipped with Indoor/Outdoor location-solving technology. Supporting multiple location technologies (GNSS, Wi-Fi MAC Address Scanning, and Cell Tower location), these devices can perform where GNSS-only devices fail to accurately track ATMs indoors and outdoors or as they move between environments.
Create YourATM Security SolutionToday
Digital Matter’sATM GPS trackers provide a comprehensive and reliable solution to enhance yourATM security. Get access to the technology and support to help you track what matters most to your business.Get in touch with ustoday to chat about ourATM securitysolutions!
