Topics: identity theft, fraud protection tips, Whitepaper, fraud news, fraud prevention protection
Organized Retail Theft - a $30 Billion-per-year Problem
Posted by Sean Trundy on Mon, Mar 19, 2012 @ 02:00 PM
Most loss prevention and asset management personnel make the mistake of thinking that shrinkage only comes from outside shoplifters. However, organized retail theft is growing, resulting in estimated losses of anywhere from $15 billion to $30 billion per year for supermarkets, chain drug stores, independent pharmacies, mass merchandisers, convenience stores, and other retailers. In fact, around 90 percent of retailers have been victims of these theft rings! This isn't the work of average, petty shoplifters; on the contrary, this is the work of professional theft rings that travel across state lines to pilfer large amounts of merchandise and resell it. Even worse, these theft rings utilize employees on the inside to help steal goods right out from your nose.
To prevent organized retail theft, there are a few things you can do that all require arming yourself with knowledge - about your employees, your customers, and theft rings themselves.
Topics: verification of ID, fraud protection tips, Whitepaper, fraud prevention protection, fraud prevention
Breakthrough Practices in Identity Authentication
Posted by Gary Satanovsky on Fri, Oct 15, 2010 @ 07:49 AM
Rounding out our October spotlight on identity fraud and identity authentication, we have recently published a comprehensive white paper report presenting a 360-degree perspective of the issue, and the most cost-effective solutions. Below are some highlights from from the paper. You can download the entire report free at http://www.fraudfighter.com/
A Plethora of ID Types
Topics: verification of ID, Whitepaper, bank secrecy act, Webinar