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.
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.
According to a new study by Zebra Technologies, nearly two-thirds (67%) of retail shoppers are concerned with surface sanitation or social exposure in stores. To better accommodate customers, retailers must deploy technologies that aid in compliance with social distancing measures, mask mandates, and sanitation practices. Through the use of security solutions, like hands-free two-way audio, video surveillance, access control, and artificial intelligence (AI)-driven analytics, business owners can better protect employees and customers.
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.
With the world transitioning to ecommerce, your online store is vital for ensuring your products are moving and sales are coming in. While you “can’t sell what you don’t have” in the retail world, you certainly can’t sell without a working online store in the ecommerce arena. Take the steps needed to ensure that all the goodwill and progress you made strengthening your online presence in 2020 is not wiped out in the coming year.
Cyberpion released research today showing that most (83%) of the top U.S. retailers have connections to a vulnerable third-party asset, and nearly half of them (43%) have vulnerabilities that pose an immediate cybersecurity risk.
