Bank Robbery on the Decline

Posted by Amy Hite on April 26, 2013

In the past decade, more and more bank robbers have traded in the protection of a black ski mask for the privacy of a computer screen. Data released by the Federal Bureau of Investigation shows that while bank robberies nationwide are dropping at a speed that far exceeds the average national crime rate, complaints of Internet crime in 2011 were five times what they were 10 years prior.

High Risk, Low Reward

Bank robbery has been on the decline since the 1990s, when banks started stepping up their security measures and federal sentencing guidelines were revamped. And as an increasing number of banking transactions are performed online, thieves are seeing cybercrime as a more lucrative option.

The FBI said that bank robberies in 2012 resulted in a total of $29.5 million lost, or $7,600 per heist (which is down from $12,400 per heist in 1997), while the American Bankers Association estimated that robbers got away with a staggering $1.8 billion in check and debit-card fraud in 2010 alone.

Fight Crime by Protecting your Property

If your business has been having trouble with theft or other types of crime in recent years, then you should consider investing in the live video surveillance services provided by Stealth Monitoring. As opposed to on-site guards, who cannot be in two places at once, and alarm-based systems that are purely reactive, Stealth Monitoring takes a proactive approach to security. Our technicians monitor multiple live video streams and have been trained to identify suspicious activity, giving us a chance to alert the police before a situation has a chance to escalate. To find out how Stealth Monitoring’s live security video monitoring can help you, contact us today.