PNB to roll out e-surveillance system to thwart ATM theft

Image
Press Trust of India Chandigarh
Last Updated : Dec 23 2013 | 5:55 PM IST
With over Rs 41 lakh cash looted from its four ATMs within a week in Punjab, public sector lender Punjab National Bank (PNB) today said the bank will launch e-surveillance system to prevent theft attempt at its ATMs in future.
"We are taking steps to thwart theft of ATMs. We have finalised a vendor (for laucnhing) e-surveillance system which will help in stopping such attempts in future," PNB General Manager (Punjab) Harpal Singh told PTI today.
Under this new system, sensors will be installed at all the ATMs, including onsite and offsite.
"Whenever an attempt for burglary is made, the sensor will trigger an alert which will be forwarded to our centralised control room which will be set up in Delhi. Thereafter, response team will be activated for necessary action," he explained, adding that it might be rolled out nationwide within a month.
Though he refused to divulge name of vendor which developed e-survelliance system, Singh said all the ATMs in the country will be covered.
However, he said so far this technology may have not been introduced by any bank in the country. "We have not seen it (e-surveillance) in other banks. It is not in our knowledge," he said.
In second such attempt within a week, unidentified miscreants looted Rs 18 lakh from two unguarded PNB ATMs at Dadwindi village and Talwandi Chaudhriya village in Kapurthala district in Punjab on Sunday.
On the night of December 17, burglars had struck two ATMs in Hoshiarpur district of Punjab and decamped with cash to the tune of over Rs 23 lakh.
The modus operandi in both incidents were same as burglars with covered faces broke open the ATMs with gas cutters and blocked the view of CCTV camers by spraying black paint on it prior to their crime.
"Complaints have been lodged with the police and CCTV footages have been provided to them," Singh said.
PNB has over 500 ATMs in Punjab. PNB GM said it has deployed guards at offsite ATMs but there are no guards at onsite cash dispensing machines.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 23 2013 | 5:55 PM IST

Next Story