ISBN 9789380828602,Bank & Cash In Transit

Bank & Cash In Transit



Vikas Publishing House

Publication Year 2011

ISBN 9789380828602

ISBN-10 9380828608


Number of Pages 338 Pages
Language (English)


We all grew up reading of bank heists by masked bandits, whom solitary security guards with cartridge belts were supposed to counter. Two developments have changed the scene. Computerisation of banking, in the first place, has spawned a whole new range of crimes, from ATM breakins to online pishing. Secondly, the growth of cash-in-transit banking business has put 5,000-plus, currency carrying banks on the road round the clock. These are exposed to raids from extremists as well as upcoming criminals looking for new avenues. This compilation of papers by banking security experts alerts common account-holders as well as administrators to the new threats and challenges and suggests methods of ensuring greater safety for our savings. Contents RBI Vision Statement Reserve Bank of India Bank Security in India Bank Security Vision & Response in the New Millennium Bank Security - A Paradigm Shift Information Security in Bank Arms Act, Arms Rules, Guns and Ammunition Bomb Threat Training Security Situation in the Country HRD Role in Security CIT/Bullion Movement Terrorist Threats on Banking Security Preventive Measures Cash Management Services: The New Paradigm ATM Protection for Today's Threat Fraud Prevention in Banking Industry On the Fake Currency Trail Case Study: Wage Fraud Motivating For Result Anti Terrorsim by System Design Motivating Different Levels of Personnel The Migration of Fraud to Customer provided Equipment Fraud Managing Performance Total Quality Management: A People Building Journey Reaction to Armed Robbery Self Development About the Author: Ravindra Kishore Sinha An internationally acclaimed trainer in the field of Security and Loss Prevention Management and Investigation, Ravindra Kishore Sinha founded the Security and Intelligence Services (India) Limited, popularly known as SIS, in 1974. A graduate of Political Science and Law, Sinha started his career as a journalist specializing in crime and political reporting. He is recognized as one of the most successful investigative journalist of his time. He also covered India-Pakistan war of 1971 in the Khulna-Khustia-Isardih sector. Having witnessed the student movement of Bihar, led by Loknayak Jai Prakash Narayan (1974-1975), he wrote a well-researched book titled Janandolan. Sinha's jest for learning took him far and wide. As a private security professional, he visited almost all states of the United States of America, Europe and China. His professional expertise and excellent training skills helped him hold many professional offices like the Regional Vice President of World Safety Organisation for South Asia (1989-1991); President, National Institute of Security Professional of India (1990-1995); Area Governor of Association of Security Organisation of India (1988-2001); Chapter Chairman, ASIS, for India Sub Continent Chapter (1990-2000), Executive Chairman and founder President and Director General of International Institute of Security and Safety Management and Founder Chairman of the Central Association for the Private Security Industry of India and Security Skills Council of India. Under his leadership, IISSM has in the past two decades become a truly representative body of security and fire services users, providers, manufacturers and consultants. During the NDA Government (1999-2004), Sinha was the Security Advisor to the Ministry of HRD, Science & Technology and Ocean Development, Government of India, looking after security concerns of seven ministries and more than 50 sensitive national level research laboratories. He has also been instrumental in the making of the Private Security Agencies Regulation Act (which was enacted in 2005) in the early 1990s when S B Chavan was the Minister for Home Affairs. A man of many hues, Sinha is the Founder Chairman of Indian Public School, one of the best boarding schools of Dehradun-Mussoorie Valley. He is also Chairman of Rituraj Resorts Limited besides being actively associated with several social and charitable organisations. Sinha was in the news recently for first ever PE Fund investment in Security Industry when US second largest PE Fund DESCO picked up 14 per cent stakes in SIS. Sinha also became the owner of the largest Security Services Provider with SIS buying Chubb Security Guarding Company of Australia, a 100-year old market leader with a total annual sales of over `2000 crore (US$ 500 million).