Upon completion of this course, participants will be able to:

• Conduct a comprehensive **threat and vulnerability assessment** specific to cash-in-transit (CIT) and logistics operations.
• Apply a structured **risk scoring and prioritization methodology** to rank operational and security risks in transit.
• Design and implement **layered security controls** for CIT, including physical, procedural, and technological measures.
• Develop a detailed **Emergency Response Plan** for high-risk incidents (e.g., ambush, vehicle breakdown, natural disaster).
• Understand the legal, insurance, and **liability management** frameworks for cash loss or theft during transit.
• Utilize technology (GPS, telematics, remote disabling) to enhance real-time risk monitoring and mitigation.
• Establish a robust framework for managing the security and operational risk of **outsourced CIT providers**.
• Formulate a continuous risk review cycle based on incident analysis, threat intelligence, and internal audit findings.

• Security and Risk Managers for Cash Operations and Logistics.
• Cash-in-Transit (CIT) Managers and Supervisors.
• Internal Auditors focused on Operational and Security Risk.
• Contract Managers overseeing Third-Party CIT Services.
• Heads of Cash Center Operations and Distribution.
• Legal and Compliance Officers dealing with Security Liability.

• Risk Assessment Workshop: Applying a Quantitative Risk Scoring Matrix to CIT Routes
• Emergency Response Simulation Exercises (Tabletop and Full-Scale)
• Case Studies on Major Security Breaches and Root Cause Analysis
• Group Activities on Drafting Contractual Security Requirements for CIT Outsourcing
• Expert Lectures on Forensic Investigation of Cash Theft and Loss
• Individual Exercises on Designing a Layered Security Control System for a High-Value Route

Unit 1: Risk Identification and Assessment Framework

• Defining the scope of risk in CIT: security, operational, financial, and reputational risks.
• Methodology for conducting a systematic **Threat and Vulnerability Assessment (TVA)**.
• Analyzing attacker profiles, modus operandi, and evolving security challenges (e.g., cyber links).
• Establishing a clear, quantitative **risk scoring** matrix (likelihood x impact).
• Identifying single points of failure and high-risk segments in the logistics chain.

Unit 2: Layered Security Controls and Mitigation

• Designing the **layered security** system: vehicle armor, secure containers, route planning, escort protocols.
• Procedural controls: dual-crew requirements, non-predictable scheduling, and pre-departure checks.
• Technological mitigation: GPS tracking, secure communications, remote vehicle disabling, and camera systems.
• Personnel risk mitigation: rigorous background checks, training, and continuous surveillance.
• Protocols for minimizing the exposure of cash and personnel during loading and unloading.

Unit 3: Emergency Response and Incident Management

• Developing detailed **Emergency Response Plans (ERP)** for major CIT incidents (e.g., armed attack, hostage).
• Establishing clear command, control, and communication procedures with law enforcement and internal crisis teams.
• Post-incident procedures: forensic documentation, evidence preservation, and internal investigation.
• Managing internal and external communication during a high-profile security incident.
• Conducting regular tabletop exercises and full-scale simulations of ERP scenarios.

Unit 4: Outsourcing Risk and Contractual Management

• Assessing the unique security and operational risks introduced by **outsourcing CIT** to third parties.
• Establishing contractual requirements (SLAs) for security, personnel training, and insurance coverage.
• Protocols for ongoing security audits and performance validation of CIT vendors.
• Managing the transfer of liability and insurance coverage for cash in transit.
• Strategies for mitigating concentration risk when relying on a limited number of CIT providers.

Unit 5: Continuous Monitoring and Risk Review

• Establishing a system for the collection and analysis of **security incident data** (internal and external intelligence).
• Integrating real-time vehicle telematics data into the overall risk monitoring dashboard.
• Conducting periodic **re-assessments** of risk scores based on changing threat environments.
• The role of the internal audit in ensuring adherence to risk mitigation policies.
• Developing a continuous improvement cycle based on post-incident analysis and system hardening.