The Loss Prevention Foundation (LPF) awarded 12 American Military University (AMU) students scholarships designed to benefit veterans enrolled in AMU programs related to retail loss prevention and asset protection.
A study of small and medium-sized retail business owners found that theft of merchandise by customers, vandalism, break-ins and online security were the top concerns for retailers.
June 1, 2014
Reflecting on the state of their business at the end of 2013, only 32 percent felt they were “extremely” or “very secure from theft” prior to the holiday season, according to the Harris Poll survey, commissioned by ADT.
In business, anomalies (events that differ from the norm) should get your attention. From a loss prevention perspective, one of the most effective ways to counter theft and fraud is to identify and track POS transactions that differ from the norm.
Security experts at Unisys Corporation predict that the coming year will usher in broad-based adoption of encryption as enterprises respond to recent disclosures that unencrypted data traffic inside enterprises is vulnerable to detection from outsiders.
Businesses lost $30 billion a year to organized retail crime, according to The National Retail Federation. Several Cook County enterprises are teaming up to get crime data and investigation material out to retailers in seconds, not days.
How do you measure a proactive means of what can be done to mitigate the unique risks of retailing? On the front end; by setting the foundation through relevant, strong policies, clear procedures and guidelines, developing a policy/compliance/validation audit program focused in on physical security, loss prevention measures.
Back in the day, convenience stores were as convenient to robbers as to customers. It once was estimated by law enforcement officials that six percent of all robberies of businesses in the U.S. involved convenience stores.
Savvy, confident organized retail crime gangs -- who steal billions of dollars worth of merchandise each year only to sell that merchandise online or at brick-and-mortar or fencing locations – continue to test retailers.
Our special report this month features 26 security leaders who are changing the industry, inspiring many and leading with innovation. Security experts discuss the CCPA, public-private relationships, mobile device security and how aware employees can mitigate active shooter events and workplace violence.