The recent bank heist at Standard Chartered’s Holland Village branch has raised concerns about complacency regarding security in Singapore, which has a low crime rate and a reputation for being one of the safest countries in the world.
The number of canings in Singapore remains high (around 2,500) and there is also the death penalty, which is used less frequently. The country’s legal system is stringent, but punishment after the crime cannot erase the damage done to the individual or organisation.
While many banks have invested in a variety of security products, including CCTV cameras, alarm systems, panic buttons and security guards, it is necessary to question whether they are working and if the bank is really protected.
(http://www.businesscapitalasia.com/security-threats-are-banks-leaving-the-doors-open/ - original article summarised by ChatGPT 3.5)
How Harshly are Crimes like Robberies Punished?
The recent bank heist at Standard Chartered’s Holland Village branch has raised concerns about complacency regarding security in Singapore, which has a low crime rate and a reputation for being one of the safest countries in the world.
The number of canings in Singapore remains high (around 2,500) and there is also the death penalty, which is used less frequently. The country’s legal system is stringent, but punishment after the crime cannot erase the damage done to the individual or organisation.
While many banks have invested in a variety of security products, including CCTV cameras, alarm systems, panic buttons and security guards, it is necessary to question whether they are working and if the bank is really protected.
(http://www.businesscapitalasia.com/security-threats-are-banks-leaving-the-doors-open/ - original article summarised by ChatGPT 3.5)