Social media has helped people learn more about current events, but it is not a traditional news source and shouldn’t be treated as such.
Civil unrest, such as riots and looting where destruction of property results, impacts retailers of all sizes. Some more than others.
Cyber crime has always been an issue, but recently bad actors have been taking advantage of both individuals and businesses during this vulnerable time.
Social media can be used as a tool for open-source intelligence, commonly referred to as OSINT, as an effective method of data collection for retailers.
OSINT existed before social media did, and a vast trove of publicly available information still exists beyond social media. We all know the information is out there, but few of us have the expertise, time, or patience to ferret out the parts we need. That’s where OSINT tools come in.
Technology is not here to eliminate us; it’s here to make our jobs and lives easier. Retail will continue to evolve with technology. As retailers, our responsibility is to focus our efforts on improving the customer experience using the new tools at our disposal.
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.
Artificial intelligence is a trending topic in both the tech and security industries, but how exactly can it help us in the retail loss...
Tom Meehan, CFI recently completed his first book-length publication titled "Evolution of Retail Asset Protection: Protecting Your Profit in a Digital Age."