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Reducing Shoplifting in Retail: Exit Door Alarms

Do you want to hear a sad statistic? (Probably not, but I’m going to tell you anyway. Happy Tuesday!) According to the National Association for Shoplifting Prevention, approximately one-in-11 people in America shoplift. (Why, people? You can do better.) As much as I want the problem itself to disappear, it just won’t happen. The good […]

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Organized Retail Crime – The Challenges

The retail industry faces countless issues ranging from petty theft to credit card fraud, but no issue has grown more rapidly in recent years than Organized Retail Crime (ORC). The National Retail Federation (NRF) recently reported on its ninth annual Organized Retail Crime survey, finding that 94 percent of Loss Prevention executives say they’ve been victims of ORC […]

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NRF Attendees – We’re Bowling for Bourbon at Booth 1626!

Over the last 20 years LockNet has become a familiar face at each of the tradeshows we regularly attend. The team is in San Diego this week for the NRF tradeshow, National Retail Federation’s Loss Prevention Conference and Expo. Not only are we known as an industry expert, but for having one of the most fun […]

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Point Of Sale Terminals Vulnerable to Internet Hackers

  Security firm Rapid7 recently performed a study that found 114,000 point of sale terminal servers, mostly from Digi International or Lantronix, were configured to let anyone gain access to their underlying systems. A terminal’s server (also referred to as a network access server) makes any equipment with a serial port accessible through the Internet. […]

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Return Fraud – Sweeping the Retail Industry

The trees are coming down; the gifts have been opened in a frenzy of wrapping paper and bows, but what about all those gifts that weren’t exactly what we wanted? The National Retail Federation does a report each year canvassing return fraud and its effects on the retail industry. For 2012 return fraud will cost […]

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Downsides to Black Friday?

“The busiest shopping day of the year since 2003” “$52.5 Billion spent in 2011” “226 Million Shoppers in 2011” “$398.62 – Average dollar amount spent per shopper” “147 Million Shoppers expected in 2012” Thanksgiving Day (now referred to as Black Thursday to deal-seeking shoppers) and Black Friday have become bigger than ever. This is great […]

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Security Details – Loss Prevention Trends

http://www.retailfacilitybusiness.com/industry-voices/225-security-details-industry-voices.html Author: Martin Bnom – President of WSA Services, Inc. What’s the trend for losses due to shrinkage? Recent national retail security survey data (2009) show that retail operations experienced average annual shrinkage losses of 1.44%. This is down from the previous year, which showed an overall 1.51% shrinkage rate equaling $36.3 billion. When you […]

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