Just like about everything else in the world, the loss prevention/asset protection space has been hugely affected by the pandemic and the “traditional” threat landscape for security professionals in this area has evolved over the past year and half. Let’s take a look at pain points, best practices and COVID-19’s impact on loss prevention.

Amazon is bringing its palm-scanning payment system to one Whole Foods store in Seattle, with plans to expand quickly.

Implementing a number of technologies within the retail setting can help organizations improve the customer experience, but more importantly, reduce shrink, mitigate fraud and improve security.

The Neiman Marcus Group Inc., needed an access management software solution that could work with the retailer's existing access control technology, while allowing it to add new technology and sites into the future.

The Restaurant Loss Prevention & Security Association (RLPSA) is converting its annual in-person conference to a “To Go” (virtual) format March 2 – 4, 2021. The “To Go” format will provide the foodservice community a virtual way to obtain relevant loss prevention, safety and risk content. 

The 16th annual (Organized Retail Crime) ORC study released by the National Retail Federation found 75% of loss prevention executives at a cross-section of large and mid-sized retail companies said ORC activity had increased in the past year, up from 68% last year. 

For retailers, a rapid shift to e-commerce means significant opportunity to increase sales margins, in an effort to end the year strong as COVID-19 continues to rattle the industry. However, this opportunity also comes with significant risk, as malicious actors are highly-motivated to exploit holes in retailers’ digital platforms for financial gain this holiday shopping season. To achieve strengthened eCommerce software security, here are four best practices retailers should implement, not just throughout the holiday shopping season, but year-round.