Retail security - Articles - Page 12

Michael Case Security Magazine November 2017

Michael Case: The Balancing Act in Retail Security

A Security 500 Thought Leader Profile

November 1, 2017

“Retail is never boring, and that’s a good thing,” says Michael Case, Director of Loss Prevention for Art Van Furniture Inc., an American furniture retail store chain.

Employee Theft Security Magazine November 2017

Employee Theft Costs U.S. Businesses $50 Billion per Year

November 1, 2017

U.S. businesses affected by employee theft lost an average of $1.13 million in 2016. Small and midsize businesses accounted for 68 percent of cases, and their median loss last year was $289,864.

More Than Half of American Consumers to Abandon Cash by 2020

September 15, 2017

Americans are getting ready for a cash-free existence, says a new report.

Retail Shrink Increased to $48.9 Billion in 2016

June 22, 2017

Thefts from retailers and other inventory “shrink” grew to $48.9 billion in 2016 from $45.2 billion the year before even as budget constraints left retail security budgets flat or declining.

Theft Takes a Toll on Retailers' Bottom-Line Profits

June 16, 2017

More than 438,000 shoplifters and dishonest employees were apprehended in 2016 by just 23 large retailers who recovered more than $120 million from these thieves, according to the 29th Annual Retail Theft Survey by Jack L. Hayes International.

Study Shows How Millennials Breathe Life into Retail

May 22, 2017

Millennials are breathing life into retail brands, according to research from The Harris Poll.

77% of all Ransomware Detected in Four Industries

April 25, 2017

A new report reveals that 77% of all detected ransomware globally was in four main sectors – business & professional services (28%), government (19%), health care (15%) and retail (15%).

Organized Retail Crime on the Rise; Perennial Challenges Remain

Major retail chains are working to upgrade their systems, policies to combat loss prevention threats.

Ed Finkel

March 1, 2017

An inexplicable rise in organized retail crime during the past couple of years, perhaps due to police passivity, has major retailers looking to upgrade their equipment, technology, policies and procedures, and training for employees to combat loss prevention.

Apparel Industry the Most Vulnerable Sector for Fraud Attacks

February 28, 2017

Forter, a fraud prevention company, said that online fraud attacks grew 8.9% in 2016 and early 2017 compared to 2015, a reduction from the 2015 increase when significant fraud moved from point of sale (POS) to online.