When it comes to preventing the loss and theft of mobile assets within the enterprise, there is no one-stop-shop security solution. However, the need has never been greater as mobile devices become more prevalent and hold more sensitive data.
Money moves from bank to retailer and back to bank. Just as important, personal information accompanies any electronic transaction. Security magazine editor Diane Ritchey and SDM magazine editor Laura Stepanek brought together financial, banking and retail professionals and a security integrator to discuss how their industries are similar but yet have such differing security needs from other segments.
Retailers have a systemic problem. They know that a percentage of the people walking into their stores are there solely to steal. But with full knowledge, they still welcome all as if they will be paying for their purchases. They also know that unbridled access to goods leads to higher sales, but allowing that also creates a gateway for higher theft.
The National Retail Federation’s 2011 Loss Prevention Conference announced that J. Paul Raines, CEO of GameStop and Albuquerque Chief of Police Ray Shultz will address more than 2,600 retail loss prevention executives during the three-day event.
Facial recognition and video based biometrics continue to be a hot topic with security professionals. While shows like CSI, Law & Order and 24 make it seem that technologies exist that can pick a terrorist out of a crowd in Times Square or spot a criminal the moment he steps foot on the street, the reality is that we're not quite there...yet.
When loss prevention directors first brought security video into their stores, an initial aim was to deter shoplifters or, if that failed, use the recorded video to make the shoplifter agree to restitution, or to fight slip and falls.
As video surveillance systems continue to grow in size and functionality with new technologies driving even higher levels of performance, there’s still one basic premise that applies to each and every one of them: if the power goes down, your system is of little practical value.
According to the Global Retail Theft Barometer, retail shrink accounted for $107.284 billion in 2010. As retailers begin to determine their goals and initiatives for 2011, they need to consider how to identify and prevent the margin-robbing activities that are cutting into their bottom lines. Here are a few commonly missed fraudulent activities and operational errors, along with some tips on how to combat them.
The National Food Service Security Council (NFSSC) and the Loss Prevention Foundation (LRF) announced an agreement where all regular NFSSC members can receive a one year membership into the Loss Prevention Foundation.
This month, Security magazine brings you the Security 500 Report, Rankings and Thought Leader Profiles. How does your enterprise compare to others? Which security programs are leading the way? Also this month, we highlight artificial intelligence, ransomware attacks, vaping and cybersecurity regulations.