Just like about everything else in the world, the loss prevention/asset protection space has been hugely affected by the pandemic and the “traditional” threat landscape for security professionals in this area has evolved over the past year and half. Let’s take a look at pain points, best practices and COVID-19’s impact on loss prevention.

Implementing a number of technologies within the retail setting can help organizations improve the customer experience, but more importantly, reduce shrink, mitigate fraud and improve security.

Identifying and reducing excessive costs and overheads while limiting asset loss are needs synonymous with asset tracking technology. But, how can asset-heavy enterprises deploy asset tracking to aid in their efforts and enable efficient operations?

Security budgets are tighter than ever, and security professionals need to leverage existing investments smartly, and use innovative security solutions that maximize ROI. Here are seven safety and security solutions that security and loss prevention leaders should consider:

The 16th annual (Organized Retail Crime) ORC study released by the National Retail Federation found 75% of loss prevention executives at a cross-section of large and mid-sized retail companies said ORC activity had increased in the past year, up from 68% last year. 

Do an image search using the terms “security manager,” “security director,” “CSO” or “security professional,” and the results will be fairly predictable. With its roots in law enforcement, the security industry has long been dominated by men, whether in management, sales, or technical positions.