Preparing for Future Crises in Germany
Germany has been working over the past three years on a project known as BASIC, which aims to strengthen the resilience of the cash supply infrastructure in the event of an emergency or crisis, with part of the project focused on developing a security framework to secure the work processes of cash providers. The Bundesbank recently held a conference to give a summary of the programme and key recommendations.
BASIC involved four partners – the Brandenburg Institute for Society and Security, the Bundesvereinigung Deutscher Geld (German Federal Association of Services for Cash and Valuables), Cash Logistics Security and the Center for Applied Research on Supply Chain Services at the Fraunhofer Institute for Integrated Circuits IIS. The Bundesbank, European Security Transport Association, German Retail Federation and the Federal Office for Civil Protection and Disaster Assistance are associate partners.
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