Asset Retention Technology: the A.R.T. of Security

Asset Retention Technology, or A.R.T., defines the new platform of  Rigsecure, a Florida Corporation’s product line for 2008. For every vulnerability to truck theft or loss, there is an appropriate deterrent that can reduce that risk to a manageable level. No product alone can replace prudent security best practices and no one can ever guaranty to neutralize all threats. By layering your security technology and processes to address known threats to corporate profits, you do stand the best chance to reduce conditions of loss and turn security costs into profit centers. To choose the most dynamic approach possible to loss control, you must first define your threats and prioritize solutions to them in such a manner as to maximize the crossover affect of each remedy to every defined or known threat. This process is an A.R.T. form in itself and one that pays big dividends for those clever enough to use it. Here’s how:

The areas of theft control that best define the value of our products are associated with tractor, straight truck, dolly and trailer door vulnerability. Each of our products has been thoroughly field tested through professional attacks on them to refine their effectiveness to real world conditions and offer the highest deterrent value to the user. We predicate the effectiveness of our products and technology in two distinct areas, penetration rates and deterrent value against a specific area of risk. By monitoring current threats and knowing your adversary though theft analysis and business intelligence, we have carefully mapped out each of our products effectiveness against such threats and we can easily prove that we offer the state of the A.R.T. in each product we manufacture or sell.

Rigsecure., now transacting as Rigsecure Corporation,  products are all patented and most are made in the United States. Rigsecure, now transacting as Rigsecure Corporation is a Florida based Corporation not to be confuse with CGM-AST a New Jersey Corporation whom we represent for many of their fine products.   In many cases we not only originated the use of many of these concepts but we can take credit for the introduction of the initial iteration of the product into the market. Many of our original designs were conceived by users such as drivers, mechanics and engineers and then refined into the products you see today by a collective design effort. By intimately knowing the equipment that needs protection and understanding the psychology of the potential crimes against that equipment, our products are able to directly address loss control from a dynamic prospective.

Losses are defined differently by the person analyzing the loss. Countermeasures are typically implemented by those who have experienced a loss (once burned twice shy) or those who proactively recognize risk as a potential loss of profits and act to mitigate that probability to a reasonable level (prudent assessment of business risk). Regardless which category you fall into, a loss is a loss and how that loss affects your ability to remain viable will determine how much effort you will put into theft reduction tools. Many readers will simply stop here because their lack of understanding of the real costs of loss is jaundiced by budgetary constraint or a simple misunderstanding of the risk. With a minimum of $15 billion annually in National cargo and vehicle losses, failure to embrace loss control as a business strategy is just unacceptable in today’s economic climate.

An example of misunderstanding conditions of loss, is a carrier who may see the theft of a full tractor and trailer as an equipment loss, where the owner of the cargo will view it as a supply chain catastrophe. Not only has he lost his cargo, but through its’ misuse he could face exponential losses in contingent liability, lost profits, empowering diversion and counterfeiting of his brand and alienation and dissatisfaction of his customers. Further a loss of certain irreplaceable products could spell economic disaster for the owner and his client. Many carriers fail to see their potential losses in this same manner. The loss of equipment for many small transportation business owners can spell their own demise in that without these assets, their ability to serve their clients is lost. The financial recovery for such a loss can be compounded by deductible thresholds. That is the inability to replace the asset in a reasonable time because of a lower asset valuation by their insurance carrier. Many older vehicles still in service are rarely able to be assessed beyond minimal value, although their use to their owner is still 100%. If vehicles are stolen and used in another crime, the nexus to the original owner is legal grounds for subrogation and further loss. Contingent liability can be the single most significant threat to the carrier as his vehicle and its prominent logo are both his brand and responsibility regardless of how the vehicle is used. If someone was to die at the hand of this vehicle in an accident or property was to be destroyed by the vehicles misuse, the original owner still risks compounded losses. With a vehicle stolen and used in an act of domestic terrorism, the harsh consequences of the Patriot Act on all parties can quickly put the company out of business and render that brand the culprit in the public eye.

Hardening the target to a criminal, best serves to protect unattended assets. Recovery needs to take a secondary role in mitigating loss as protecting against the initial theft is of a far greater concern. When GPS calls, who’s listening? Law enforcement views these crimes as asset based thefts, and since a property crime ranks far below violent crime, the immediacy of the investigation is rarely in ever in time to effectuate a sure recovery. Professional thieves immediately disable GPS systems, remove cargo and dump tractors. If your dump truck is stolen it may be chopped for parts or shipped the South America in day’s, thereby precluding recovery by electronic means. Hardening the target helps avoid the initial loss at a far lower cost of prevention than electronics. Logistically, electronics is an excellent platform, but it fails to prevent the initial physical theft of logistic assets.

The psychology of theft is a process that encompasses a combination of rational and irrational concepts on the part of the thief. Each of these concepts affects how he will react to countermeasures and whether or not you need to bolster your protection level to employ products or merely processes. A thief who wishes to steal a truck can do so in seconds without some deterrent in his path. Whether the driver took the key or left the truck running, the thief sees the truck as an easy target. He may want just a truck, or he may want your truck. He may have no preference and will find the easier target of opportunity, so if your truck is unprotected and your neighbors is … you will suffer the loss. If on the other hand, he wants your vehicle, then without effective deterrents in place and active, you’re going to loose your vehicle and trailer if they are attached. Visual deterrents are a far better choice than covert deterrents, as theft avoidance products play a role in his decision to try or not to try to get your vehicle. The rule of thumb is 90 seconds in and out. If he does not feel he can get the vehicle in 90 seconds because of a device he has to figure out, you’re probably that much safer. By making a thief work and spend more time than he would like, you help deter theft. By letting the technology run interference for you when these assets are unattended you get the biggest possible impact from it. The appropriate technology choice is the key to escalating its’ deterrent value.

Thieves are not stupid; in fact they are among the most creative people on the street. They spend 100% of their time trying to out outthink you and develop faster and better ways to steal. You probably never think of that, which means you need to work with a company that has spent 37 years thinking the same way. Thieves continually have to concern themselves with not getting caught and yet achieving their illicit goal seamlessly to avoid attention and subsequent apprehension. That’s harder to do when your busy trying to figure out how a product works rather than the smash and grab approach which is normally the method of operation of a truck or cargo thief. Keep it simple is the rule for choosing an effective countermeasure. The more complex the solution or product is to actually use it in the field, the less effective it will be, simply because it will not be employed. Drivers are your key to hardening the target because they are the ones who leave the vehicles, and it is in their care and control most of the time, making them your conduit to effective protection or ultimately, the loss. The solutions we provide fill this void as they were designed by drivers and made to be seamless to the operation or storage of the vehicle, trailer or yard dog using it.

Simplicity, effectiveness, high deterrent value, robust nature, cost effective and operationally suitable defines our products. Please ask us if we can help reduce your losses through the proper selection of a deterrent technology. Remember that the A.R.T. of protection starts with the decision to employ appropriate technology. Please allow us to provide these products to you in order to help secure your unattended assets!