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In retail, brick-and-mortar stores experience loss or shrink due to shoplifting, fraud, employee theft and human error. To mitigate against this, many have dedicated loss prevention (LP) personnel who use a variety of tools, including in-store video surveillance systems and point of sale (POS) systems, to deter and investigate theft. But, despite the continued best efforts of LP teams, shrink is on the rise.
Which security conferences have been canceled, postponed or going virtual in 2020 due to the coronavirus? Here is a list of security conferences for cybersecurity and physical security professionals, that are still proceeding as planned, going virtual or that have been postponed or canceled.
Loss prevention professionals as well as those who aspire to work in loss prevention in the United States and Canada can apply for Vector Security’s annual Loss Prevention Foundation (LPF) scholarship program now through March 31, 2020.
The U.S. Securities and Exchange Commission (SEC) has published guidance to help firms in the securities market enhance their cybersecurity preparedness and operational resiliency.
The Loss Prevention Foundation (LPF) announced a new partnership with the University of South Carolina that will benefit UofSC students and the Loss Prevention/Asset Protection industry.
Customer-facing businesses often have a host of reasons for wanting employees to undergo security screenings or bag checks at the start or end of their shifts.
Organized retail crime affects almost all merchants and more than two-thirds of those surveyed have seen an increase in the past year, according to the 15th annual ORC study by the National Retail Federation.
As we have done in previous years, the Security magazine team compiled our favorite articles from this year. As we head into 2020, we hope you take a moment to review some of 2019’s top articles about lessons learned, thought leadership, security challenges and good practices.
The data analysis best practices from years past are not irrelevant; in the Loss Prevention world, we’re simply able to build on them to keep getting better at reducing fraud and shrinkage within operations. How can Artificial Intelligence take the efforts of your best talent and your Business Intelligence plan and help make them better?
