When it comes to corporate theft, the call may be coming from inside the house. It’s estimated that 75% of employees have stolen from their employer at least once, while 33% of business bankruptcies can be traced back to employee theft. When left undiscovered and unresolved, workplace theft can gradually erode enterprise capital over time until it snowballs into a significant loss.
These instances of internal theft can be dangerous as well — consider hospitals and pharmacies that are fully stocked with substances that are hazardous if abused. Or banking institutions that are trusted with sensitive personal data that could ruin customers financially if placed in the wrong hands. Protecting assets from both internal and external theft is absolutely critical, making security and access controls a number one priority for facilities teams.