The metal shutters or screens protect businesses from theft, say local business owners, but the Miami City Commissioner says they're an eyesore that deter pedestrian traffic.
The National Retail Federation’s ninth annual Organized Retail Crime (ORC) Survey found that 93.5 percent of retailers say they have been a victim of organized retail crime in the past year, down slightly from 96.0 percent in 2012.
It’s a balancing act. James Connolly wanted to significantly cut losses while having better images for liability and prosecution use. Tatiana Fokina, on the other hand, wanted to create a secure shopping experience that matches her inventory and customer profile.
An alleged international gang of cyber thieves managed to steal $45 million from thousands of ATMs in carefully coordinated attacks conducted in a matter of hours.
A Cisco Customer Experience Report found that customers want a more seamless and personalized experience from their bank and are mostly willing to share biometric information with bankers.
Successful asset protection is an integral building block in the success of any retail operation. However, controlling loss and theft continues to challenge retailers worldwide, with merchandise losses averaging close to $40 billion per year (Hollinger).
Nearly half (46 percent) of all card skimming reported by the FICO Card Alert Services occurred at bank-owned ATMs in 2012 – a vast jump over 2011, when 79 percent of skimming occurred at point-of-sale terminals.