Loss prevention and safety/risk employees can benefit from occupancy analytics, especially during the current health crisis. But beyond the pandemic, employees in operations, marketing, and merchandising can benefit considerably by learning all about the foot traffic in their stores.
One thing has become clear; to abide by the “new normal” restrictions, organizations need to be constantly aware of their environments’ compliance, in real-time. To do that, they need to improve their security and situational awareness, so they can quickly assess evolving situations and respond when violations occur.
The results of a global study examining the financial impact of data breaches reveals that the incidents cost companies $3.86 million per breach on average, and that compromised employee accounts were the most expensive root cause.
Retailers today face a number of security challenges, including shoplifting, shrink and theft at the point of sale, protecting the premises after hours, slip and fall lawsuits and much more. Adding complexity to the security challenge is that retailers face these threats in a variety of locations within stores, each of which comes with its own unique requirements. Today’s flexible, intelligent surveillance cameras offer a variety of form factors and capabilities that allow them to address the range of security and operational challenges.
Security professionals are often challenged by the view that physical security is a cost, more than a benefit. How can big data change that perception?