Tag: fraud
Everything Is Connected
When we're looking to grow a business at the store or enterprise level, we should strive to envision that entity's place and role in...
Outsmarting Cyber Criminals
Rhett Asher is the executive vice president and director of retail solutions for Fortalice Solutions. He has over 25 years of leadership experience in...
How ORC Fuels Human Trafficking
What comes to mind when you think of organized retail crime? High-shrink items with high-resell values, such as razors and baby formula - not human trafficking.
Machine Learning and the Evolution of Exception Reporting (Appriss)
Recent years have seen an explosion of consumer products that incorporate artificial intelligence (AI). Self-driving cars, Alexa, Siri, chatbots, Google search, and smart traffic...
The Loss Prevention Foundation (LPF) Announces Profitect as Newest Bachelor Level Partner
The Loss Prevention Foundation (LPF) has announced Profitect as its newest Bachelor-level scholarship partner.
Retailers Now Need to Watch for These Social Engineering Techniques
So what exactly is social engineering? It is the manipulation of people into performing actions or divulging confidential information. It is a confidence (con, for short) trick for information gathering, fraud, or system access.
Are Gift Card Scams Funding ORC?
As professionals in the retail space, it's our responsibility to keep up with the methods and tactics used by thieves when it comes to organized retail crime (ORC). These days, improving technologies equal potentially increased profits in the eyes of theft groups.