On Wednesday night 4th of May, Security at Brent Cross Shopping was breached and two jewellery stores were robbed. Smash-and-grab is becoming a common occurrence and many will simply click to the next story with a shrug, but this raid has important lessons - so what can we learn?
Firstly, although the thieves were caught later, the raids were successful. According to reports, security of both Brent Cross and at least on of the two stores were breached with little more than sledgehammers and pick axes and stock was stolen, so any security measurements are clearly not providing a deterrent.
Secondly, the raid occurred at 2:30 in the morning. This shows the thieves are part of organised crime gangsthat are adapting their M.O. Recentreports of members of the public intervening and recording the raids on mobile phones are forcing the thievestoavoid busy times and work under cover of darkness. It also gives them more time to overcome strengthened doors and glass.
What is the result? The stores will be activating their Insurance to cover loss of stock, damage to fittings and business interruption - raising premiums for themselves and the industry in general.
Why the industry as well? because the thieves are adapting their M.O., the Insurers are obliged to keep premiums high to mitigate risk until an effective deterrent brings the number of raids down.
What can we learn? Thieves always check the premises before the raid - its called ‘hostile reconnaissance’ looking for security measures or lack of them. If they see the Medusa logo on the showcase they know that any attempt to smash open the showcase will result in a fast acting foam filling the showcase to cover the stock and hardening immediately so removal of individual items will be impossible. As a result, the thieves will pick a softer target and your store will remain a safe and enjoyable environmentfor staff and customers.
Insurers will benefit from reduced number raids on Medusa protected showcases and a 90% reduction in payouts because the stock never leaves the premises no loss is recorded. The only payout is for for cleaning of the stock. The Brent Cross raid shows thieves still see the jewellery store as a prime target - only Medusa can change their minds.