NCJ Number
121476
Journal
Security Management Volume: 33 Issue: 9 Dated: (September 1989) Pages: 105-109
Date Published
1989
Length
5 pages
Annotation
The nine-member security staff of the First American Corporation -- a multibank holding company in Tennessee that currently operates 150 banking offices -- uses computer systems, staff training, security assessments, and employee screening to provide effective security for its assets.
Abstract
A computer program called the Kite Detection System (KDS) helps detect potential kiting schemes (taking advantage of uncleared checks to inflate an account balance artificially). KDS examines parameters such as number of deposits, dates of withdrawal, and dollars in float. If the checks match some of these parameters, they will show up on the printout of questionable accounts the software generates each day. Another computer system charts all the corporation's losses by robberies and fraud according to day of the week, age of the robber, time of day, and the month. Miscellaneous statistics cover such items as disguises worn, weapons shown, sex of offender, race, and mannerisms. This information is used to develop preventive measures. The nine-member staff develops and monitors security at all the banks by helping them develop and implement security policies, procedures, and planning; physical security; fraud investigations; embezzlement; and staff security training. The staff has developed a manual of security procedures for use by each bank.