France has witnessed an unprecedented decline in physical attacks by criminals on ATMs, thanks to cutting-edge developments in security technology. Over the past decade, the implementation of Intelligent Banknote Neutralization Systems (IBNS) by Oberthur Cash Protection has played a pivotal role in this transformation.
IBNS technology, which renders banknotes unusable when ATMs are attacked, has become the cornerstone in the successful fight against criminal attacks. The results speak for themselves:
- Explosive gas attacks have plummeted by 90%, from 84 incidents recorded in 2015 to just nine in 2024.
- Overall physical attacks have been reduced by 83%, falling from 179 in 2015 to 30 in 2024.
This steep decline highlights the effectiveness of these cash protection systems, which have not only enhanced ATM security for financial institutions but also reduced risks to the general public.
A turning point for ATM Security
Reflecting on the state of ATM security a decade ago, an article published in Le Parisien on January 6th , 2014, described an alarming surge in gas attacks’. At that time, these violent attacks posed a severe threat to banks and the surrounding areas, which lead to significant financial losses as well as an increased threat to the public.
A collaborative effort
The success in the deployment of IBNS technology is a testament to the importance of the collaboration between the private sector and public authorities. By investing in state-of-the-art security measures and sharing expertise, there has been a significant reduced in both the frequency and impact of ATM attacks.
Beyond the financial benefits, the improved security environment contributes to greater peace of mind for the general public when using an ATM together with a reduced impact on law enforcement agencies.
IBNS in ATM environment
The use of IBNS has led to a marked decline in physical attacks on cash operations in countries like France and Malaysia. By decreasing the value of stolen cash, the system helps enhance the safety of cash handlers and lowers associated costs, such as insurance premiums and ATM damage repairs.
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As technology continues to evolve, the financial industry remains committed to staying ahead of emerging threats. The French experience serves as a role model for other countries grappling with ATM security challenges; it highlights how by combining innovation and collaboration it can deliver impactful solutions. The dramatic decline in ATM attacks stands as a remarkable achievement—and a testament to the determination of all those involved in safeguarding the public and their access to cash.
Patrice Rullier, Managing Director, Oberthur Cash Protection
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