Employee Theft Consequences: Risk vs. Gain Theory

Herman Laskey, Jr., LPQ, CFI from losspreventionmedia.com When associates properly understand employee theft consequences, they may not ever take the risk of being dishonest in the first place. I have found that discussing with associates the risks of theft and comparing them with the potential gains greatly reduces their potential to steal from their employers. Most associates do not consider the punishments and … [Read more...]

Do Retailers Make Better Loss Prevention Managers Than Security Personnel?

Employing someone with a police or investigation background in the role of loss prevention manager was once seen as a logical choice for retailers. Faced with the realisation that people, both internal and external, were stealing company assets, it made perfect sense to employ someone who was already catching thieves for a living. However, loss prevention has become a reluctant expense for many retailers due to the … [Read more...]

Loss Prevention Tips For The Peak Sales Season

So, the peak Christmas sales season is already upon us! For many retailers, the months of November and December offer the benefit of making a high dollar return on full-priced merchandise, while January provides the best opportunity to clear aged or seasonal inventory. In terms of cash passing through the registers, a retailer’s sales can be expected to rise sharply throughout the peak Christmas period. Along with the … [Read more...]

Teaching Sales Staff To Respond Effectively To EAS Alarms

Most readers are familiar with electronic article surveillance (EAS) systems and their utilisation as a fundamental loss prevention (LP) tool. A recent article stated that approximately 80 percent of American retailers utilise some EAS tools, but only 44 percent of LP professionals describe it as effectively executed. This article focuses on addressing one of the biggest downfalls when utilising EAS systems – the lack of … [Read more...]

A LOSS PREVENTION INTROSPECTIVE

The modern retail loss prevention/risk management function can be described as a multifaceted role that, to achieve sustained success, requires a multifaceted approach. Fundamentally, it is a hugely influential and important role that has the potential to deliver significant savings to the company’s bottom line if performed to its full capacity. In recent times, the role of loss prevention has shifted dramatically, moving … [Read more...]

THE PANAMA PAPERS – A BLOW FOR TAX CHEATS WITH CONSEQUENCES

The Panama Papers have caused major reverberations around the world; in governments and businesses. There has been massive media and public interest in the content of this huge tranche of commercial documents. The disclosure of the off shore tax details of over 214 000 shelf companies has some quite extraordinary implications - including in Australia. The fall out has spurred politicians and tax agencies around the … [Read more...]

Harmonisation Of The Security Industry – Is It A National Disaster?

At a recent security industry meeting, the question was raised, yet again, why more had not been done to standardise (harmonise) regulation and training of the private security industry across all Australian states and territories, especially by industry peak bodies and associations. Harmonisation of job skills and regulation has been an industry topic since regulatory changes commenced in the early 1990s; however, … [Read more...]

Retail Loss Prevention On A Budget: The Power Of Staff Networking

  For small to medium and possibly even a large retail business, is it possible to operate a wide-ranging loss prevention program which consistently delivers company best results, under a very limited loss prevention budget? The answer is a resounding yes! To set about achieving the above, it is first necessary to look at the setting up stage and what the retail business should consider in order to get off to … [Read more...]

The New Video Compression – HEVC / H.265

  Video compression has come a long way since the introduction of the first digital transmission, the Integrated Services Digital Network (ISDN), back in the 1980s. Utilising (now long forgotten) H.261, a video compression standard used mostly for video conferencing, it was introduced by the CCIR (Consultative Committee on International Radio) group, which later became known as ITU (International Telecommunication … [Read more...]

Resilience And Identifying Potential Disruptions

As noted in the previous columns, definitions of the concept of resilience vary within different disciplines and sectors, such as critical infrastructure, homeland security and emergency, and disaster management response. However, the common characteristics of adaptability, transformation and flexibility appear generally consistent. While resilience has been described as “the capacity for complex systems to survive, … [Read more...]

Reader and Card Security Considerations

It should come as no surprise that not all access control systems are created equal. An Access Control System is made up of many elements, beginning with  a  panel  which  incorporates  a feature set designed to facilitate proper verification and enrolment procedures. The panel should also enable continued credential maintenance procedures for the maintenance of both the approved credential lists and unauthorised … [Read more...]

Civil security and civil defence in the spotlight

The not-for-profit organisation behind the Australian International Airshow and Aerospace & Defence Exposition has added a new string to its bow. Its latest venture is CIVSEC, will be a major showcase of expertise, ideas and technology in the fields of civil security and civil defence. The event will be a congress of conferences, seminars and workshops that will address the complex and increasingly important … [Read more...]

Check Out This Great New Body Worn Camera From Transcend

  https://youtu.be/9KuZBrwSdSI Transcend, a worldwide leader in storage and multimedia products, recently launched what is sure to be the first of many innovative new products aimed at the security market, the DrivePro Body 10 body camera. We take a look at his feature rich and affordable body-worn camera, available from www.signalone.com.au. … [Read more...]

Secure your entry, as your event, the Security Exhibition & Conference returns to Melbourne in July

Registrations are now open to attend the 2016 Security Exhibition & Conference, Australasia’s premier security industry event, which is returning to the Melbourne Convention & Exhibition Centre from July 20 to July 22, following another outstanding event in 2015.  The Security Exhibition & Conference connects a community of leaders and showcases the most innovative solutions to hit the Australian market … [Read more...]

Top 10 Tips For Building The Most Ineffective Security Risk Management Systems In The World

By Julian Talbot. After more than 25 years working in security risk management on four continents, I believe I can safely say that I know every trick in the book – except the one they are using right now! Years of working in interesting parts of the world, such as Asia, Africa and parts of Australia that most people never see, has given me some insights into the minds of the people who seek to breach our security … [Read more...]

Integrity Measures: What Works, And What Doesn’t

By Mark Jarratt. Integrity is a term often cited as a quality indispensable for those with power to approve or deny benefits and access to valuable assets including cash, equipment and information. But how is integrity assessed, and what approaches maximise workforce integrity? This article briefly presents the vital elements of integrity assessment, commenting on measures which are effective and other approaches … [Read more...]