BROOKINGS, S.D. — The ATM Industry Association, a worldwide association of ATM deployers, manufacturers and service firms has offered an online assessment survey that deployers can take to assess their ATM risk.

The new online service is called ATM Risk Management and includes a 50 question ATM Risk Survey, covering five types of risk, namely, corporate risks, business risks, financial risks, crime and fraud risks and liability risks normally covered by insurance. Once the Risk Survey has been completed online, the respondent can immediately view his scorecard and risk rating, as well as a set of risk management recommendations related to the areas of risk which have been identified by the survey. These results and recommendations are then emailed to the member. The recommendations indicate industry reference material that can assist the member to implement procedures for risk mitigation.

"The system is password-protected to make sure the risk self-assessments are confidential," explained Mike Lee, CEO of ATMIA. "It is a completely automated system, a kind of self-service Risk Management exercise. I know of nothing like it in our industry. It will assist our members to implement steps to ensure they are protected against the different kinds of risk any ATM business faces in today's world."