An average of 14 bikes are stolen in Dublin everyday, according to the Bike Theft Group set up by Dublin City Council.
The group, which was set up by Lord Mayor Críona Ní Dhálaigh to combat this specific crime, has reported that 4,950 bikes were reported stolen in 2014, and bike theft has gone up 167% over the last five years.
According to Dublin Cycling Campaign, 66% of bike thefts in 2014 were due to cable locks and 'sub-standard' locking mechanisms, which has led to the group recommending cyclists to use U-locks with the "sold secure" accreditation.
College Green, Dame Street, Parnell Street and roads behind St Stephen’s Green were listed as the most common areas for bike theft in the city.
Via Irish Times