Oct 30, 2018
According to Cifas, the UK’s leading fraud prevention service, a startling number of young people are falling victim to identity fraud.
According to Cifas, the UK’s leading fraud prevention service, a startling number of young people are falling victim to identity fraud.
The UK government has warned that in the event of a no-deal Brexit, consumers would face slower and more costly credit card payments when they buy European Union products, while British citizens living abroad could lose access to their bank accounts altogether.
A new report highlights a rise in voice-activated fraud, and the problem is set to get worse with the rise of synthetic speech powered by artificial intelligence.
The Four-Month Hunt for Innovation in Loss Prevention.
How can retail benefit from advances in Artificial Intelligence that are revolutionising justice and healthcare?
Rising substance abuse in the workplace prompts increase in UK testing market and need for “amnesties”.
Crime, shrinkage and security are key interests across the retail sector. Portsmouth Business School is working with Crime&tech srl (www.crimetech.it), a spin-off company of the Università Cattolica of Milan, to carry out a study on retail crime across 11 European countries: Belgium, Finland, France, Italy, Germany, the Netherlands, Poland, Russia, Spain, Sweden and the United Kingdom.
The latest headline figures for incidents of identity fraud, which represents more than half of all recorded fraud incidents, have shown the first decline since 2014, according to CIFAS, the UK’s leading fraud prevention service.
Worldpay is developing a proof-of-concept drone that incorporates contactless payment technology to help combat the growing issue of parcel fraud.
The National Business Crime Solution (NBCS) is urging logistics companies to do more to halt the rapid escalation in tobacco theft from the rear of delivery vehicles.
US survey results reveal how women view their current roles in the industry
More rigorous drugs testing required to provide staff with a safe working environment
Why regulation of feature recognition goes beyond face value.
The Information Commissioner's Office (ICO) plans to create a "regulatory sandbox" – a safe software testing environment - as part of its first ever technology strategy to help organisations build adequate data protection into their products before they are released.
Fraud is increasing in cost and complexity, according to the latest report from PricewaterhouseCoopers (PwC).
Christmas closed off a very lean year for spending, according to the latest survey from Visa.
Diversity, some may argue, is an over-used word in the workplace.
There’s an old Irish Proverb that says, “You can’t plough a field by just turning it over in your mind.”
Sainsbury’s and Unilever have joined a new international initiative that will test whether blockchain – the critical part of the bitcoin peer-to-peer payment system - can help reward sustainability in the supply chain.
Read any retail trade publication or mainstream news-media article about our industry, and chances are that you will walk away feeling bearish on the future of this business.
Game Changers is a brand new series of what will be regular articles in LP Magazine Europe focusing upon inspirational risk practitioners.
Global threats are set to continue to push demand for authentication and brand protection devices such as holograms, predicts a leading global industry trade body.
Competition is expected to grow in the European payment card market as issuers are taking advantage of the wider acceptance enjoyed by Mastercard and Visa by pushing ahead with the upgrade of Maestro and Electron cards, new research from RBR has found.
With one of the Government’s flagship rules on pay equality scheduled to come into force in 2018, just one per cent of the UK’s large companies have complied with the new pay transparency rules so far, according to a new study from the Chartered Management Institute (CMI).
ORIS has scooped the coveted Vendor of the Year award at the 2017 Retail Risk Awards which took place at the King Power Stadium, Leicester on 5th October.
In his best-selling management title The World is Flat, business journalist and Pulitzer Prize-winning author Thomas Friedman prophetically framed the rapid development in technology and communications thusly, “Remember, in 2005: Facebook didn’t exist for most people, Twitter was still a sound, 4G was a parking space, and Skype was a typo!”
Opposites attract. In life as in science, polarity generates a need to pull together, and a positive always needs a negative.
The international tax stamp industry has expressed concerns over how the implementation of the track and trace and security feature requirements of the EU Tobacco Products Directive (TPD).
River Island has reported a reduction in retail theft of 60 per cent on garments at its flagship store on Oxford Street following the introduction of new security tag technology.
New guidelines on the legal installation and use of CCTV systems have been introduced by the Surveillance Camera Commissioner.
The UK Government should step up to the plate in terms of parity with the European Union (EU) with respect to data protection in order to ensure unhindered data flows between the UK and the EU post-Brexit, according to the EU Home Affairs Sub Committee.
There's an old saying that you can't teach an old dog new tricks. Like many similar pearls of wisdom, it is no longer fit for purpose in the twenty-first century, particularly when dogs have an inexhaustible appetite to learn.
The Government must refresh its Brexit strategy and reach out to a wider community in order to build consensus for its negotiating priorities, according to security industry trade association ADS.
New research reveals that organised crime groups (OCGs) are twice as prolific as official figures indicate.
LP professionals are being asked to nominate someone from their ranks for acts of bravery in the line of duty as part of the prestigious City of London Sherriff’s Award.
Someone recently asked why the ECR Community Shrink & OSA Group has kept going for so long.
Mythology about European laws not impacting the UK post-Brexit has resulted in more than a quarter of British businesses in the retail sector cancelling all preparation for the EU General Data Protection Regulation (GDPR) on the misunderstanding that it will not apply.
A report predicting a continuing rise in counterfeiting will sound fresh alarm bells for producers and suppliers of goods, warns the International Hologram Manufacturers Association (IHMA).
While the new “anti-establishment” world is rejecting globalisation, will CCTV technology integration provide the panacea to retail risks?
Overseas travel, particularly business travel, can be seen as glamorous by the uninitiated.
Fraud now costs UK organisations a staggering £125 billion each year, with cyber playing a part in most incidents, according to a new report.
The still largely male-dominated world of loss prevention could this year placed under the gender pay spotlight.
The UK Government is carrying out an extensive survey of retail and cyber- crime to help drive and target harden crime-fighting policy.
It has proven to be another interesting year for the European retail industry as it continues to grapple with an unstable economic outlook, growing competition, greater complexity, and the proliferation of technological innovation with omni-channel and e-commerce seeing rapid growth in many countries.
Continuing demand for effective security devices to meet global threats will drive growth for authentication and brand protection holograms in 2017, says the industry trade body.
The tectonic plates of Europe underwent a seismic shift on 23 June when Britain decided in a referendum to be the first ever country to exit (Brexit) the European Union (EU).
Successful loss prevention executives must have a broad knowledge and skill base well beyond just understanding cameras, tags, investigations, and other loss prevention tactics.
Phone scams are on the increase, but consumers are failing to hang up on fraudsters.
Sadiq Khan, the new mayor of London is target hardening the capital against the threat of terrorist attack.
There is no ‘one-size fits all’ risk strategy, and recognising that fact is one way of assisting businesses to combat the mushrooming trend in cyber-crime.
There are few upsides for those predicting the future, as it is a certainty that any wrong prediction will live forever. Just ask Bill Gates about his prediction that 640 KB of memory ought to be enough.
In the UK Chancellor's July 2015 Budget, George Osborne surprised many political commentators by announcing that Britain would be following the example set by Germany last year with the introduction of a National Living Wage (NLW) of £7.20 per hour for people over twenty-five years old. Furthermore, this figure would rise to £9 per hour by 2020.
ORIS Forums, the not-for-profit collective of retail-led forums that share best practice and intelligence to reduce risk and crime in the retail sector, celebrated its 10th anniversary in style this month with its party-themed annual Risk Summit.
Small businesses in the UK are losing more than £9bn from invoice fraud every year.
Understanding the Link Between On-Shelf Availability, Sales, and Loss
Risk and regulatory work is now the fastest-growing consulting service in the UK, breaking the £500 million barrier for the first time.
Britain would be landed with £11bn in new tariffs if it left the EU and did not get a free trade agreement, according to Lord Stuart Rose, the CEO of online supermarket Ocado.
The latest BDO FraudTrack report shows that the total value of reported fraud in 2015 was £1.5 billion, representing an increase of 110% from the previous year and the highest value recorded since 2011.
One of the most respected criminal behaviour research bodies in the UK is carrying out a study into the role of private and corporate security in addressing the threat of cyber-crime.
The Importance of Adopting a Collaborative Approach to Shrink Management
UK Trade and Investment, the Government department that supports UK-based exporters, has signed agreements with five top Chinese e-marketplaces to widen access to China's market of more than 650 million Internet users to British retailers.
When It’s Not Business as Usual in the World’s Most Troubled Territories
ORIS Media is holding a unique 2-day Cyber-crime, Online Investigations & Security course that is being run in partnership with two well-respected organisations that are experts in their field; Cyber-crime experts – The Risk Management Group, and the leading providers of non-confrontational interview techniques training – Wicklander-Zulawski.
The value of fraud in the UK has risen by 22 per cent to £385 million, according to the latest figures from the respected KPMG Fraud Barometer.
Children as young as 10 years old have been arrested for shoplifting in Glasgow stores, according to shocking official figures.
The compensation claim culture reached a new high after a report revealed that the number of insurance liability frauds - including so-called 'slip and trip' accidents - jumped by 75% last year.
A new report has for the first time attempted to put a figure on the cost of counterfeit goods to industry and the collective Governments of Europe.
This article set out to answer the question—what next for EAS? Reflections on Current and Future Developments in Product Protection by Colin Peacock, ECR Europe
LP Magazine EU sniffs out examples of where man’s best friend is on the front paw of risk management as public law enforcement retreats from front line detection in favour of an increased role for so-called “private pooches.”
A successful initiative that has helped to raise the profile and improve public and private sector collaboration in the fight against business crime is now joining forces with a not-for-profit crime intelligence sharing platform that it helped to create.
What you can tell about a store’s shrink rate from the state of the staff washroom.
The protection of international customer data as provided by the so-called ‘Safe Harbor Program’ operating between the EU and the US, is under threat from within, which will mean that companies need to consider alternative methods of protecting cross-border sensitive information such as credit or debit card details.
Recorded incidents of fraud increased by 25 per cent last year, according to the latest report from the UK’s fraud prevention service - CIFAS.
A PwC report says that global economic crime impacting the retail and consumer markets is on the rise, with almost half of respondents to a global survey being impacted.
Retail is one sector where businesses may fall under scrutiny of the far-reaching Bribery Act. Sainsbury’s has already fallen foul of the Act, but any retailer that deals in millions of euro supplier contracts in the UK, or overseas, will fall under scrutiny.
Major changes to EU data security legislation are expected to become law in 2015; however many UK organisations have yet to ensure they are compliant, according to one expert.
A new group has been launched to provide a forum through which Police and commercial security organisations can work closer together in London.
How do you compare?
Future Proofing the World of Biometrics in a Mobile Age
The Royal United Services Institute (RUSI) has announced the launch of a new strategic hub designed to explore and tackle serious and organised crime by way of high level research both in the UK and overseas.
Shop theft in Germany has reached such a level that retailers are investing in more technology and innovative ways of protecting stock, according to research from Cologne-based EuroHandelinstitut (EHI).
The UK’s Information Commissioner’s Office (ICO) has warned CCTV operators that surveillance cameras must only be used as a necessary and proportionate response to a real and pressing problem.
Colin Peacock from the ECR Europe Shrinkage and On-shelf Availability (OSA) Group outlines some of the key learnings from the extensive work undertaken by this group over the past 15 years.
Offender profiling is taking a different shape, as investigators grapple with increasingly ‘social’ criminal activity.
Loss prevention is probably the most schizophrenic of all retail jobs. Its personalities are numerous and its masters are manifold. Even the titles are different. Some refer to themselves as loss prevention, others asset or profit protection, and still others as security managers. An increasing number are identified as business risk executives, looking after the broader range of issues to include business continuity, brand protection, and the health and safety of thousands of workers and customers. This may even include those customers who enter a store with the sole intent of…
Amazon’s UK sales growth has slowed over the past year as consumer perceptions of the brand fell after criticism of the amount of tax the firm pays.
There is no longer a glass ceiling for women in retail loss prevention - and, controversially, some say there never was, according to some of the most prominent women working in the sector.
Radio frequency identification (RFID) has not so much had a difficult birth, but also a troubled and tormented upbringing and has often been referred to by cynics as suffering from the “Kennedy Syndrome.”
It could be argued that social media, the Internet sensation that allows real-time peer-to-peer communication, has become a troubled adolescent who has very much grown up in the public.
US and British spy agencies routinely try to gain access to personal data from Angry Birds and other mobile applications, according to a new report.
There is a saying about women in business—If you are going to break through the glass ceiling, don’t wear a skirt! Although said by a man, there is a secondary, more implicit message that you have to “wear the trousers” and somehow become “de-feminised” if you want to get on. The unlikely “poster girl” for this image was perhaps the late Baroness Thatcher who was said to have more testosterone than most of her all-male Cabinet, and was loved and loathed in equal measure for her tough approach to opponents and other world leaders.