Retail security - Expert commentary
For businesses today, loss prevention is no longer just about safeguarding inventory from theft. While retail theft makes frequent headlines in the United States, and is indeed the leading cause of shrinkage, The National Retail Foundation (NRF) has reported that process failures, operational inefficiencies and employee theft also drive significant losses. Legacy security systems In 2022, the shrink loss is estimated to be $ 120 billion in the United States, and that’s for reta...
Amidst the challenges of a prevailing economic downturn, the retail sector finds itself grappling with an unparalleled rise in incidents of shoplifting, theft, and burglaries. The disconcerting scenes witnessed on London’s Oxford Street in August 2023, where crowds gathered, looting as many stores as possible, sent shockwaves across the nation’s retailers. This alarming surge in retail crime has put retailers on high alert, as they contend with a rising tide of security concer...
The average business owner or investor has some kind of security precaution in place, especially in the after-hours when there are fewer deterrents to inhibit criminal activity. Security guards, video surveillance systems, motion sensor lights, or even just fake cameras placed around the property are some of the common options people choose. Future of overnight security Smart business owners are starting to realise, however, that some of these traditional security measures are becoming...
It’s no secret that the data security sector is constantly changing. It has an annual CGR of about 12.3%. Future trends in data security Much of this has to do with the rise of cybercrime in recent years, with reports showing that cyberattacks happen as often as every 39 seconds. To combat the growing rate of cybercrime, data security has been on the rise. As we journey further into this era, it becomes evident that a spectrum of significant trends is molding the future of data se...
Daniel May of Consort reviews the integration of access control systems in healthcare settings, outlining the benefits and key considerations decision-makers must make throughout product specifications. From patient safety and traversal to the protection of sensitive data and pharmaceuticals, healthcare environments are faced with several operational challenges. And where security remains at the forefront of decision-making, modern access control systems may often hold the answers. Physi...
Security systems represent a significant investment, yet many organisations still only use a small percentage of their physical security systems’ capabilities. That’s before we even begin to consider the different ways that the likes of video, access control and ANPR can add additional value beyond security by serving the needs of other business functions. Whether that be to obtain additional insight, streamline compliance or drive operational efficiencies. Consumption...
Global transportation networks are becoming increasingly interconnected, with digital systems playing a crucial role in ensuring the smooth operation of ports and supply chains. However, this reliance on technology can also create vulnerabilities, as demonstrated by the recent ransomware attack on Nagoya Port. As Japan's busiest shipping hub, the port's operations were brought to a standstill for two days, highlighting the potential for significant disruption to national economies and supply cha...
There’s been a long history of people thinking of “gates, guards, and guns” when referring to physical security. And for a long time, this was the norm. When analogue cameras required significant amounts of wiring and a dedicated guard to watch said feeds (think about any action movie from the 90s), the assumption was that security was protecting assets, but had little to do with the overall business. Defining security with recent advancements Fast forward to more rec...
We work with and buy from “middlemen” all the time, yet the term remains loaded with negative connotations. It’s telling that the term remains gendered, no one has tried very hard to normalise the term “middleperson” in the same way as “chairperson” or “police officer.” Why? It’s easy to see a middleman as an inconvenience, someone who skims profit off the top while offering no real value to the end customer. Think of the second-hand c...
The promise of electric vehicles is closer to reality than ever before. New plans and investments at the federal level designate billions of dollars to move our country toward clean energy, including $2 million to help auto manufacturers retool facilities to increase EV production. Additionally, the Biden Administration has announced a goal to create 100% carbon-free electricity by 2035 and a net-zero carbon economy by 2050. Domestic EV marketplace The domestic EV marketplace has grown from...
What should be done to stop organised retail crime (ORC)? That’s the big question for retail businesses nationwide, as widespread concerns about ORC have sparked a multitude of strategies spanning everything from state-of-the-art surveillance technology, to advocacy for new state and federal legislation, to products locked up within theft-prevention cases — and, in some extreme cases, even the decision to outright close certain brick-and-mortar locations. Retailers are spending mill...
Integrated security solutions are so often recommended by security specialists, while this sounds impressive, what does it actually mean? The short answer is: combining all aspects of security in a layered approach that leaves no vulnerable points. In this article, I will unpick the meaning behind this well used phrase, exploring the key components that make up an effective integrated security solution, while also revealing my top tips when it comes to maintenance and how to specify a solution...
The UK’s future depends on our children. Within the four walls of classrooms around the country, young minds are inspired, practical skills are learnt, and new passions are established; these will be tapped into by pupils for decades to come. To make sure outmoded security measures are not having an adverse effect on the performance within, we must first examine the limits and physical safeguards around these educational institutions. When planning and building any facility for the educat...
We believe in integrated security solutions, so while a solid gate could prevent sight lines from the house, combining it with other measures such as alarms, motion sensing lighting, and CCTV will allow a good level of surveillance to keep you and your valuables safe. Burglary prevention tips Very few burglars are opportunists; instead, they may be regularly scanning and looking for weaknesses to capitalise on. It is therefore crucial never to give a burglar an opportunity to strike. Of cours...
With shoplifting up, 21% in 2022, Peter Jackson, managing director of Jacksons Fencing explores how retail businesses can better protect their premises from opportunistic thieves. We think of shoplifting as people walking out of a store, pockets bulging with unpaid-for goods. However, in town centres and retail parks, the rear doors of shops and delivery areas can be an opportunity for theft on a much grander scale. Thefts and break-ins It’s not uncommon for thefts to be perpetrated fr...
Residential burglaries and break-ins are a problem for many homeowners. The FBI estimates there were approximately 1,117,696 burglaries in 2019 in the United States, which accounted for 16.1% of property crimes. Having proper home security can not only protect your home and belongings, but it can also keep your family safe. Even if you’re new to the idea of having and using smart home security devices, it’s easy to get started. This guide will provide the information and actionable...
With Black Friday on the horizon and shops and warehouses busier than ever, Elliot Roddy, Operations Director at CDX Security Group has shared some tips on how to keep the must-have gift items safe and secure: Regular monitoring and CCTV, Stock control and audits, and Partner with a trusted security firm. Staying alert with the must-have items Each year, we see certain items gain popularity and become the year's must-haves. This year, social media and the rise of TikTok have accel...
In the past five years, the retail landscape and the relationship between consumers and businesses has shifted drastically. It wasn’t too long ago when shopping at malls was considered a family activity and consumers shopped at local stores where they knew and interacted with sales personnel. Today, however, malls and interactions with employees are relics that accurately portray the way retail used to work. Retail companies have shifted their consumer model to focus on the online market...
The outlook for advancements in door security solutions is proving to be an extension of the positive trends that have emerged over the past few years and that continue to evolve in exciting new ways. That’s a good sign as we make our way along the road toward an ever-safer world. Improvements in a hybrid workforce Here’s what we’re seeing: More and more companies are rethinking the office space and how electronic access control (EAC) security and data can help better s...
At the start of the millennium, GRC was still very much in its infancy. Fast forward to 2022 and it is no longer seen as a siloed process. Now it is an organisation-wide concern that permeates every decision from C-suite to the shop floor. And its evolution shows no sign of slowing down as modern solutions are changing the way that GRC processes are delivered and embedded into day-to-day operations within organisations. So, what does the future look like? In an era where risk is accelerating, w...
Although video camera technology has been around since the early 1900s, it was not until the 1980s that video started to gain traction for security and surveillance applications. The pictures generated by these initial black and white tube cameras were grainy at best, with early colour cameras providing a wonderful new source of visual data for better identification accuracy. But by today’s standards, these cameras produced images that were about as advanced as crayons and coloring books....
Cloud-based video surveillance as a service (VSaaS) is in a period of significant growth at present. In fact, the global VSaaS industry was valued at $2.2 billion in 2020 and is expected to reach $4.7 billion by 2025. Part of the reason for this growth is the increased adoption of the technology within shops, restaurants, and other retail settings. A cloud-based video management system can be valuable for businesses of all kinds, but those in the retail or restaurant industries are often able t...
The banking market continues to evolve through the growing use of digital and mobile devices, as more branch operations aim to enhance convenience and service for the customer. These advancements also create more significant opportunities for fraud and loss. Together, these two trends come full circle: Increasingly sophisticated fraud techniques require organisations to pursue new approaches to preventing and detecting such activities. Digital transformation But before we lead down that path,...
In the UK there is a new data reform act working its way through the legislative process. As the law changes, the market changes – so this year will see many companies trying to read the tea leaves and adapt their offerings to take advantage of the emerging changes. The security marketplace is, apparently, constrained by the need for great privacy – it appears to be a zero-sum game – you can have privacy, or you can have security, you can’t have both. In the second half...
There is little doubt that security concerns have heightened in the near two years since the pandemic first swept across the globe. A report from Pro-Vigil reveals that nearly one in five companies experienced more physical security incidents since the start of the COVID-19 pandemic, and one in three of the 124 respondents surveyed anticipate further increases in 2021. The tragic terrorist attacks experienced during this period in the UK have caused many organisations to make changes to their...
As we navigate the new normal, the power of choice and flexibility continues to take centre stage. We’ve grown accustomed to the choice to work from home or virtually anywhere and the flexibility to have everything delivered (sometimes even right into your fridge!). Seamless access control With this, we are seeing heightened demand for seamless access control through smart locks and mobile credentials. This powerful combination creates exciting new opportunities to meet resident demand f...
COVID-19 has undoubtedly impacted all industries, leaving its mark for years to come. Multiple lockdowns forced businesses across multiple sectors to reassess the way they worked, with many adapting to working from home due to the various stay-at-home orders. Data from a 2021 ONS survey revealed that 25.7 percent of the UK workforce, or 8.4 million people, worked from home during the pandemic, more than doubling the 2019 figure of 12.4 percent. A further nine million people were placed on furlo...
Business owners know the security of their properties is one of their most important daily concerns, and that leads many of them to work with professional security integrators who can design and deliver robust systems that provide protection and peace-of-mind through modern technologies and services. That’s why security integrators, by their very nature, have an invaluable tool that can be leveraged into bigger jobs: clients’ trust. As highly-trusted partners with extensive experien...
In the new era of work, our relationship with the workplace is defined by flexibility and mobility. Employees are working across the home, office, and blended spaces more than ever before, as well as working varied hours to suit the modern work schedule. This new hybrid workforce model holds the potential for more diverse talent and better productivity, but it also comes with its challenges – one being how to ensure security, health, and safety in the workplace. Strong a...
Technology has certainly become an intrinsic part of our day-to-day lives, from the retail industry, to food and beverage outlets, and even within the health and fitness industry. It’s all around us, in varying formats, making processes more efficient. It has refined some of our older approaches, and in the hospitality industry, this is certainly true. Technological advances are leading the way forward for the future of hotels, and with the sector now free from COVID-19 restrictions, venu...
