Tom Meehan, CFI, is retail technology editor for LP Magazine as well as CEO of CONTROLTEK. Previously, Meehan was director of technology and investigations with Bloomingdale’s, where he was responsible for physical security, internal investigations, systems and data analytics. He currently serves as the chair of the Loss Prevention Research Council's (LPRC) innovations working group. Meehan is a published author of his book titled Evolution of Retail Asset Protection: Protecting Your Profit in a Digital Age. He can be reached at TomM@Losspreventionmedia.com.
Though retail loss prevention has changed a lot in recent years, it is important to remember the basics of physical security, and that starts with maintaining good physical security hygiene. If you work with your LP professionals to create a smart physical security strategy, you can stretch your LP budget even further than you might originally think.
Cash logistics and visibility is critical to business. Packages sent to your home are tracked efficiently, so you know exactly where and how they move. Shouldn’t it be possible to track your money the same as your packages? Significant changes to cash handling are in the works.
Over 430 people made their way to the University of Florida’s Gainesville campus for the Loss Prevention Research Council’s 2019 Impact conference. The three-day event focused heavily on learning and collaboration, as well as research on evidence-based tactics and strategies to reduce retail crime and loss.
Recently in the news you probably saw, read, or heard something about FaceApp—a mobile application that takes a picture and uses artificial intelligence to...
When the threat is not immediate, we can take our time to verify the information. For the dozens of news sources that covered the Momo challenge, if only one of them had taken a few minutes to fact check the threat, the hoax would not have become as widespread.
Managing cybersecurity risks while balancing the appropriate prevention will continue to play a major role throughout all sectors. The need to have advanced response plans to a cyber incident come to the forefront in 2019.
Download this 34-page special report from Loss Prevention Magazine about types and frequency of violent incidents, impacts on employees and customers, effectiveness of tools and training, and much more.