CAP Helps Regional Bank Optimize Security and Spending

Effective bank security requires understanding that risk can vary significantly from one branch to the next. By using objective crime risk data, this regional bank can tailor security measures across its extensive footprint, helping protect employees, customers, and assets while making more strategic use of security resources.

A regional bank uses CAP Index, a trusted partner of 23 of the top 25 financial institutions in the U.S., to assess and address the security risks at all of their branches.

With over 1,400 branches across 15 states, a regional bank needed a way to cost-effectively implement security countermeasures that keep company assets and, more importantly, company employees and customers safe. The problem is that implementing the same security measures across all locations is very expensive. Additionally, for branches in safer locations, unwarranted security measures may lead to wasted manpower and resources. Likewise, for elevated-risk locations, those standard measures may not be sufficient. This regional bank wanted to deploy the optimal countermeasures to make the most effective use of their security  spending while keeping people safe – and they used data from CAP Index to do it.

“Even if I was responsible for a smaller bank, I would still want the data from CAP Index.” – SVP & Director, Physical Security Solutions at a regional bank

THE VALIDATED INDUSTRY STANDARD

“As a member of the ABA Bank Security Committee, I can tell you that the overwhelming majority of the committee agreed that CAP was a critical component that needed to be included in the newly developed guideline. In fact, it was determined that CAP should be listed as an important option for consideration for all banks when they’re developing risk profiles for their sites. CAP actually went above and beyond in assisting the committee with the development of these new guidelines. The committee had CAP test and validate the assessment process defined in the ABAToolbox. The CAP team was able to clearly demonstrate the value that their scores can provide when developing objective risk profiles for bank branches,” said the bank’s SVP & Director, Physical Security Solutions.

1,400 branches | 1,700 ATMs | 18,000 employees

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