Tag: gift card fraud
Organized retail crime (ORC) is continuing to grow, with nearly three-quarters of retailers surveyed reporting an increase in the past year, according to the 14th annual ORC study released recently by the National Retail Federation.
“Retailers continue to deal with increasing challenges and complications surrounding organized retail crime,” said NRF Read More
As this holiday season approaches, are you ready to stand with your IT security counterparts and protect the brand? How many of you have a working relationship with your IT security department? Do you collaborate on “like” issues, share information, or sit at the table together to strategize and defend Read More
Rhett Asher is the executive vice president and director of retail solutions for Fortalice Solutions. He has over 25 years of leadership experience in the fields of retail, sales, and business development. Prior to joining Fortalice, Asher served as the director of business development for CONTROLTEK, USA and was vice Read More
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. Read More
According to online statistics database Statista, the value of payment fraud losses in the United States rose from $5.6 billion in 2012 to an estimated $9.1 billion in 2018. Read More
Enough is Enough: Consecutive RILA Conference Sessions Aim to Put Shoplifting Prevention Back on Track
“”One of the goals is to get people with competing interests together and ask them: ‘What would be palatable to you?’ ‘What are the things you need?'” Read More
By Chris Trlica
Just as the word “e-commerce” has come to refer to a menagerie of different specialized markets, so e-commerce credit card fraud comes in many different guises. As the great pace of retail evolution dictates that retailers’ transaction processes are constantly changing, so the frauds change with them.
In a bid to Read More
Deep inside the data warehouses of companies across the world, billions of dollars are trapped in the subtle variations between the binary 0s and 1s that make up fraud and loss prevention data.
For Retail Industry Leaders Association (RILA) asset protection conference in 2014, JCPenney approached the University of Texas at Read More