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Contactless Payment Fraud: How to Protect Yourself and Your Business

Contactless Payment Fraud: How to Protect Yourself and Your Business

by | | LP 101

What is Contactless Payment Fraud? Contactless payment fraud occurs when unauthorized individuals exploit contactless payment technologies to make fraudulent transactions. This type of fraud can take various forms, including card skimming, where thieves use devices to...
Cargo Theft Trends: What Every Loss Prevention Professional Should Know

Cargo Theft Trends: What Every Loss Prevention Professional Should Know

by | | LP 101

The Rising Tide of Cargo Theft Cargo theft isn’t a new phenomenon, but its scope and sophistication have grown significantly in recent years. According to recent industry reports, the value of stolen cargo has reached alarming levels, with losses running into...
What is an Audit in Retail? A Comprehensive Guide for Loss Prevention Professionals

What is an Audit in Retail? A Comprehensive Guide for Loss Prevention Professionals

by | | LP 101

Basics of Retail Audits Explained A retail audit is a systematic examination of a store’s operations, inventory, and compliance with company policies and industry regulations. It’s like a health check-up for your retail business, helping you identify...
Understanding and Combating Mob Theft in Retail: Strategies for Success

Understanding and Combating Mob Theft in Retail: Strategies for Success

by | | LP 101

What exactly is Mob Theft? Mob theft is a coordinated effort where groups of individuals target retail stores to steal high-value items quickly. Unlike traditional shoplifting, which often involves solitary thieves, mob theft relies on teamwork and planning. These...
Retail Store Audit Checklist: Your Guide to Effective Loss Prevention + Checklist Sample

Retail Store Audit Checklist: Your Guide to Effective Loss Prevention + Checklist Sample

by | | LP 101

Why You Should Conduct Regular Store Audits Store audits are not merely formalities; they are vital for the health of your retail business. Conducting regular audits allows you to spot trends, address problems before they escalate, and maintain consistency across...
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