Items Tagged with 'organized retail crime'

ARTICLES

Fraudulent Holiday Returns Expected to Rise in 2013

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The retail industry will lose an estimated $8.76 billion to return fraud this year, and $3.39 billion during the holiday season alone. Overall, 5.8 percent of holiday returns are fraudulent, up slightly from 4.6 percent last night.


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Shrink in 2012 Cost Retailers $112 Billion, Averaging 1.4% of Sales

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Shrink, comprised of shoplifting, employee or supplier fraud, organized retail crime and administrative errors, cost the retail industry more than $112 billion globally last year, according to the 2012-2013 Global Retail Theft Barometer, and represented 1.4 percent of retail sales, on average.


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Finding Creative Ways to Mitigate Retail Theft Risks

As if the retail industry hasn’t suffered enough in recent years, growing in severity, number and type, retailers are reporting that organized retail crime (ORC) has become more troublesome than ever before.
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As if the retail industry hasn’t suffered enough in recent years, growing in severity, number and type, retailers are reporting that organized retail crime (ORC) has become more troublesome than ever before.


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Cook County, Motorola, JCPenney Join Forces to Fight Organized Retail Crime

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Businesses lost $30 billion a year to organized retail crime, according to The National Retail Federation. Several Cook County enterprises are teaming up to get crime data and investigation material out to retailers in seconds, not days.


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Eight in 10 Retailers Agree Organized Retail Crime Activity Has Increased in Past Three Years

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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.


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Michigan Gov. Signs Organized Retail Crime Act

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Up to five years in prison faces anyone guilty of knowingly committing organized retail crime, such as reselling stolen items to other stores or on the Internet.


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More Than $35.28 Billion Lost to Theft in 2011

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Employee theft, shoplifting/organized retail crime and administrative error are the main sources of loss affecting retailers.


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From Simple Shoplifting to Organized Crime, Retailers Face It All

By Dave Merrick
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Retailers have a systemic problem. They know that a percentage of the people walking into their stores are there solely to steal. But with full knowledge, they still welcome all as if they will be paying for their purchases. They also know that unbridled access to goods leads to higher sales, but allowing that also creates a gateway for higher theft.


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British Shoplifters Steal $600,000 A Day

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Shoplifters in Britain make off with goods worth almost £400,000 (approx. $637,000) every day, British retailers have said.


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The Cost of Organized Retail Crime? $30 Billion a Year

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It’s a telling case: a few years ago, members of two criminal organizations in California were charged for their role in a large-scale fencing operation to buy and sell over-the-counter health and beauty products—as well as other items like camera film, batteries, and infant formula—that had been stolen from major retail chain stores. The merchandise was then passed off to crooked out-of-state wholesale distributors, who just sold it back to unsuspecting retailers.


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ASIS 2013 Product Preview

ASIS International 59th Annual Seminar and Exhibits, September 24-27 in Chicago, Illinois, will include an exhibit hall packed with innovative security solutions. Here are some of the products that will be shown at ASIS this year.

Podcasts

Virtualization and Data Center Security: What You Need to Know for 2014

Data centers are increasingly becoming the center of the enterprise, and data center and cyber security is following the same path for security departments. According to Justin Flynn, a consultant at the Burwood Group, the virtualization of data centers allows enterprises to scale more easily and faster, with a smaller footprint.

However, hosting enterprise data in the cloud can make intrusion detection more difficult – how can enterprise security leaders team up with other departments to keep aware of cyber risks and traffic, and physical and data compliance during the virtual transition? How can CISOs and CSOs discuss cyber threats with the C-Suite to get the resources they need? And how can the proper infrastructure test and verify possible malicious attacks? 

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Security Magazine

September 2014

2014 September

In the September issue of Security Magazine, find out who this year's most influential people are in the security industry are. Also, take a peek at the technology products that ASIS 2014 will be showcasing at the upcoming event. Read about the lessons learned from security at the World Cup, find out why tactical medical training is a must for your enterprise and how Atlanta increased security by sharing surveillance.
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CompTIA Security+ Certification Study Guide
CompTIA's Security+ certification is a globally-recognized, vendor neutral exam that has helped over 60,000 IT professionals reach further and higher in their careers. The current Security+ exam (SY0-201) focuses more on being able to deal with security issues rather than just identifying them.
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criticalhomepagethumbFrom terrorism to vandalism, it’s preparedness, response, training and partnerships. Learn about some of the critical security issues facing this sector.

Visit the Critical Infrastructure page to read more.  

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