Late in August, on a trendy stretch of one of America’s most iconic streets—King St. in Charleston, SC—a fired dishwasher returned to the restaurant where he had worked and shot and killed a former coworker. Announcing, “There’s a new boss in town,” he took another person hostage for several hours
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Articles by Garett Seivold
There is good news from the latest survey on data breaches. Last year, 19 percent of US retailers experienced a significant breach, down from 22 percent in 2015. The 19 percent figure is also well below the global average for retailers, according to the “2017 Thales Data Threat Report” by
It’s estimated that one-third of the 1.5 million retailers in the United States aren’t ripe for investing in new cash handling technology—they’re simply too small or don’t have the revenue to see any benefit from an investment. However, that leaves legions of retailers that can—should they be convinced of the
Reviewing current and historical fraud data reveals an implausible finding: despite the refinement of company fraud prevention programs and a corresponding sophistication in employee fraud schemes, the old bogus expense report is a bigger problem now than 16 years ago.
Semi-annual surveys conducted by the Association of Certified Fraud Examiners (ACFE)
Academics who examine crime and security-related issues aren’t always seeking practical solutions, but some recent research studies have pragmatic applications and impart some actionable advice on relevant loss prevention issues. Below are questions that researchers have recently looked at and what loss prevention should know about what they found.
You probably don’t follow Lady Gaga on Twitter, but you can probably guess that she has millions of followers. What’s surprising, perhaps, is how many people hang on the word of seemingly average folks.
Eva Gutowski, for example, seems like any other millennial who likes to make videos about beauty and
A comprehensive study of injuries and illnesses in retail several years ago surprised researchers at the National Institute for Occupational Safety and Health (NIOSH). They said that despite the perception of retail work being non-risky, they found that retail workers account for 20 percent of reported injuries and illnesses while
It has always been important for loss prevention executives to understand the top risks facing their businesses and to appreciate what keeps their CEOs up at night, but a report by the World Economic Forum (WEF) shows that times have changed. Now security risk is the top risk to business.
In the aftermath of the last holiday shopping season, brawls erupted in shopping malls across the country. Cell phone videos captured chaotic, frightening scenes that went viral and earned repeated play on television. The images may have solidified a burgeoning impression that many people hold—that the boundary between acceptable and
Listening to loss prevention leaders discuss their relationships with information technology (IT) departments and offer advice for strengthening them can seem a bit like eavesdropping on marriage counseling. There is admission of a “love-hate” dynamic, occasional hand-wringing over who gets final say, and counsel to “listen, don’t just talk” and