Cash and Valuable In Transit (CVIT) robberies are on the increase according to a survey by industry intelligence unit SaferCash.

In the first 10 months of 2009 there were 911 CVIT robberies, up 15% from the same period in 2008.
 
The survey also revealed that the most common time for a robbery to take place is while the cash is being carried from the transport to the store, rather than in-store or while the provider is on the road. SaferCash also estimates that up to £2bn of cash and valuables are transported to retailers everyday in the UK.
 
In an effort to help prevent CVIT robberies the British Retail Consortium (BRC) has published a set of guidelines detailing how retailers can look at in their business including conducting regular assessments, staff awareness training and ensuring that the CVIT provider is doing its job properly.
 
“This is retail crime at its most extreme,” said BRC director general Stephen Robertson. “It often has devastating consequences for those involved and their families – long lasting trauma, permanent disability and occasionally even death. Encouraging retailers to use these guidelines to assess their processes and set-up can make a significant contribution to reducing the human and financial costs. I encourage every business concerned to use them fully and swiftly.”

Retailers can download the checklist and guidelines here
 
 
 

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