In 2003, the Loss Prevention Research Council (LPRC) worked on a three-year international research project with the University of Leicester, UK. The research was focused on the impact of organized retail crime (ORC) on communities, businesses, and individuals. This became the pivotal point when retailers transitioned away from using the
About the Author
Articles by Tom Meehan, CFI
The only surprising thing about Facebook’s recent privacy fiasco is that anyone was actually surprised. Those of us who use social media and other free online services traded our privacy for convenience sometime in the early 2000s. How many of us are there? Out of 330 million Americans walking this
Technology is not here to eliminate us; it’s here to make our jobs and lives easier.
In the July-August 2017 issue of this magazine, I wrote an article titled “Brick-and-Mortar Is Not Dead; Amazon Just Proved It.” That statement continues to hold true. But when I read business publications or mingle at industry events, I still notice a lot of doom and gloom about the supposed
LP Magazine’s columnist Tom Meehan, CFI, shares his top five predictions for cyber risks retailers can expect in 2018:
1. Ransomware attacks will increase in 2018 and will become more sophisticated. Ransomware has been more prevalent in the past two years. In the first quarter of 2017 alone, these attacks have
Work experience doesn’t necessarily mean you are a subject-matter expert. It could mean you know more than some people. A true subject-matter expert (SME) must have deep understanding of a particular process, function, or technology; must have studied the field; and must have spent hundreds—even thousands—of hours mastering a specific
When you think of hacking, breaches, or cyber security, what do you think of? Probably software or technology. We often forget the human side. But humans continue to play a big role. In fact, more than half of breaches and cyber-security events start with a human error or social engineering.
When planned, innovation is an essential part of the evolution of retail. But when innovation is forced on a retailer, it can be a toxic time burglar. In this article, I will review two types of forced innovation: “keeping up with the Joneses” and “can it be done?”
Do Customers Really
Brick-and-mortar didnt die, and Amazon just confirmed it with its purchase of Whole Foods. Unless you live under a rock, you have seen the news related to Amazon’s purchase of Whole Foods for more than $13 billion. Over 90 percent of retail purchases are made in-store today. So why all
A ton of great smart tech was on display at the National Retail Federation’s Big Show in January, from wearables to the Internet of Things (IOT). My team was invited to a small get-together. I noticed several people had sharp-looking ski jackets. As a trained investigator, I knew there was