More than 279,000 shoplifters and dishonest employees were apprehended in 2018 by just 20 large retailers who recovered more than $114 million from thieves.

Coworking spaces are extremely popular with millennials in particular (68 percent of coworking tenants are millennials), and two-thirds of coworking tenants in this age group are interested in unlocking doors with smartphones over traditional methods.

Masharn Franklin was in charge of garnishing money from the paychecks of city employees, and the government says she embezzled money by issuing checks in the names of her relatives.

US businesses impacted by employee theft lost an average of $1.13 million last year, according to the 2017 Hiscox Embezzlement Study.

Seventeen percent of employee theft in organizations with fewer than 500 employees occurs in the financial services industry, according to a new report. 

More than 1.2 million shoplifters and dishonest employees were apprehended in 2015 by just 25 large retailers.

Nearly 72 percent of U.S. federal actions involving employee theft in 2014 involved small businesses – organizations with fewer than 500 employees, according to the 2015 Hiscox Embezzlement Watchlist. Within that group, four of every five victim organizations had fewer than 100 employees, and more than half had fewer than 25 employees.

A new study from NRF PROTECT finds that retailers lose billions of dollars to shoplifting, employee and vendor theft and administrative error – collectively known as inventory shrink.