Bike theft is a problematic high-volume crime, with upwards of 30,000 bikes stolen each year in Australia and less than 10% recovered by police and returned to their rightful owners.
Whilst some bikes are taken by opportunist thieves who steal bikes that are left unlocked or poorly locked, there is a growing trend of recidivist bike thieves who target bikes for financial gain, prowling streets and stealing high-value bikes from commercial and residential storage areas.
Quality bike locks like the VAULT premium range - ‘D’, Folding and Chain lock when secured to a solid object, will defeat most opportunists, unfortunately, on their own, they are less effective when it comes to the recidivist bike thieves who are known to carry tools, including in some cases battery operated angle grinders that can cut through any lock.
Targeted bike theft is fuelled by the ease that thieves and black-market traders (knowing handlers of stolen bikes) can profit from selling stolen bikes to unsuspecting purchasers, with little to no fear of the stolen bike being identified and them being caught and prosecuted by the police.
Rapid advancements in bike technology and the growth of the ‘E’ bike segment has led to ever-increasing bike values. This means greater profits for thieves and black-market traders and fuels an even stronger motivation for theft.
The cure to stopping the recidivist bike thieves and black-market traders is to make bikes too hot to handle.
Identification is the key and BikeVAULT in partnership with DataDot Technology have the ultimate solution.
Much more than just a simple database to store your bike details .......BikeVAULT part of PropertyVAULT provides a FREE expert service to both victims and police and a comprehensive online solution to combat bike theft before and after a bike is stolen, providing:
A secure custom-built portal enabling bike owners to comprehensively record their bike’s details and ownership.
A transferrable online date and time-stamped Log Book with blockchain encryption ensuring the bike’s identification and provenance is secured for life.
A registered bike sales platform that connects with buy and sell platforms and enables potential buyers to conduct a provenance check prior to purchase; potentially adding to a higher resale value when competing against bikes with no recorded history.
In the event of theft BikeVAULT is a powerful recovery tool that provides:
A custom-designed public and police accessible stolen report and search portal ensuring that a suspect bike can be searched and identified; regardless of where and when it was stolen and eventually located.
Tools, know-how and online victim support and advocacy from BikeVAULT’s police trained admins, who are experts in bike identification and asset tracing techniques.
Social media connectivity and support from BikeVAULT’s large online community made up of like-minded stolen bike spotters who match and report advertised bikes with stolen listings on our portal.
The manufacturer's frame serial number, whilst adequate for warranty purposes is not designed to defeat thieves. The majority of modern and high-value bikes now have a single frame serial number label, which some of the more cunning thieves exploit by either altering it or removing it altogether. In some cases, they replace it with a totally counterfeit label which can be very hard to detect by an untrained eye.
The photo below shows a bike seized by police that had the original frame number label removed from underneath the clearcoat and replaced with a crude fake label.
The thieves were more brazen with this bike below, recently sold at a police auction in Victoria. In this case, the label was painted over and the stamped frame number was ground down. Whilst these crude modifications, make it very obvious that the bike is stolen, it doesn’t help to identify the bike and trace it back to the owner.
Bike thieves are cunning - some alter and remove the bikes frame number and change parts to avoid a stolen bike being identified and them being caught.
The BIKE ID KIT+ with DataDotDNA® micro identification and high security labels with Ghost ID, makes it virtually impossible for the cunning thieves to de-identify your bike!
Not just advanced bike identification - the BIKE ID KIT+ ($34.95) sold separately and provided complimentary with VAULT premium locks also comes with the added bonuses below!