News

ATM attacks, bank robberies take a 50% bump in Brazil

August 23, 2012

In the first half of this year, bank robberies and ATM attacks soared 50 percent, according to a recent study by Brazil's National Confederation of Security Guards and the National Confederation of Workers in the Financial Sector.

An AP-reported story in the Montreal Gazette said numbers had increased from 838 incidents reported between January and June of 2011 to 1,261 for the same period in 2012.

No theory was offered to explain the increase. However, the study has prompted the two organizations that conducted it to call for increased security measures by banks, and tighter control by the Brazilian army over the transportation, storage and use of dynamite, which is often used in attacks on ATMs.

For more on this topic, visit the trends/statistics research center.