One minute and thirty-six seconds. That’s all it took for seven thieves, both men and women, dressed in hoodies and jackets that adequately concealed their identity, to enter an Apple store in Natick, Massachusetts, in a carefully coordinated heist. They were able to disable security tethers and make off with 19 iPhones, worth about $13,000.
Global retailers can expect a 12 percent growth in online fraudulent activity in the upcoming holiday season, compared with the same period last year—and lower ticket prices on fraudster-targeted gifts and products.
One cyber company is predicting a significant increase in card-not-present fraud—fraudulent transactions where a credit card is not physically presented to a merchant—from Black Friday to Cyber Monday when compared to past years.
Start off the new year with an exclusive look at the innovative security technology in the U.S. Bank Stadium in Minneapolis in our annual Security Technology & Innovations Report. This issue also includes guides for retail security leaders on video surveillance techniques, tips for retrofitting your access control systems, and recommendations for the new U.S. president on cybersecurity and terrorism.