G4S Cash Solutions (UK) Confirms Field Trials of 'Glue' Cash Degradation System
24 September 2010
G4S Cash Solutions (UK) today announced that it has started to deploy a cutting edge glue cash degradation system in its cash boxes for its operations across the London area. This new technology is the very latest in the campaign against cash in transit crime in the UK.
Kevin O’Connor, Risk Director, G4S Cash Solutions (UK) said, “We are currently conducting extensive field trials for an innovative glue cash degradation system which renders stolen bank notes totally unusable. Our tests show that the glue will ensure that an attack on a G4S cashbox will be completely worthless to the perpetrator.
“This new technology will compliment our existing degradations systems of dye and SmartWater. Criminals caught following an attack on one of our CIT couriers already face a high probability of being convicted with the aid of SmartWater evidence, which has an impressive 100 percent success rate in securing convictions when used in criminal cases. Glue is the latest in a series of high tech solutions we have developed to reduce the number of attacks on our CIT crew and vehicles.
“The deployment of glue is another example of a successful partnership between the Met Police and the private sector in developing an effective deterrent against violent attacks on CIT couriers. We continue to work closely all police forces, trade unions, the Government, customers and local communities to develop ways to curtail these attacks.”
The technology works by releasing a glue that delaminates the bank notes inside the cashbox if a robber tries to open it. Bank notes in the cash box are rendered completely unusable, meaning the robber has committed a theft for absolutely no gain.
This initiative is one of a number of steps being taken by G4S and the security industry to combat CIT crime. G4S alone has invested around £100 million over the past five years in crime prevention measures such as armoured vehicles, body armour and innovative technology.
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About G4S
About SmartWater
G4S has already partnered with SmartWater Technology Ltd, specialists in forensic security, to incorporate a unique forensic anti-theft system into cashboxes to protect its cash delivery couriers. As a result, criminals who break into these G4S cashboxes will unavoidably become contaminated by SmartWater, which cannot be seen by the naked eye. A DNA-style code stays on the offender for up to six months and can link him to a specific attack, giving the police robust forensic evidence. SmartWater currently has a 100% conviction rate when used as evidence in a court of law.
About G4S Cash Solutions (UK)
A subsidiary of G4S plc, G4S Cash Solutions is the leading UK provider of cash solutions, including secure cash transportation, ATM outsourcing solutions and outsourced till management. In the UK we deploy more than 7,000 employees and utilise a fleet of around 2,000 vehicles throughout a network of 43 cash transportation branches and 10 cash and coin centres.
About G4S
G4S is the world's leading security solutions group, which specialises in outsourcing of business processes in sectors where security and safety risks are considered a strategic threat. G4S is the largest employer quoted on the London Stock Exchange and has a secondary stock exchange listing in Copenhagen. G4S has operations in more than 110 countries and over 595,000 employees. For more information on G4S, visit www.g4s.com