By Celine and Josh.  A loss caused by customer theft, fraudulent payment, or nonpayment  Shoplifting costs retailers 15-37 billion dollars a year, according.

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Presentation transcript:

By Celine and Josh

 A loss caused by customer theft, fraudulent payment, or nonpayment  Shoplifting costs retailers billion dollars a year, according to the National Retail Federation  Causes higher prices due to need to pay for security personnel, cover inventory shortage, and install theft prevention systems

 Caused by the use of questionable accounting techniques by management  Also due to employee theft and shrinkage  Can be prevented with loss prevention training, and the use of an anonymous way to report those suspected of it  Causes bankruptcy in companies and a loss of public trust

 In the food service industry, this is generally a failure to prepare food properly, or other tampering with it  Can be on the job injuries in any industry, causing lengthy and expensive Worker’s Compensation lawsuits  Also includes customer injury, such as a passenger on a train falling onto the tracks  stress, sexual harassment, illness, and threat of violence in the workplace are also risks

 Malware, viruses, spam, etc… are all computer related crime  Cyber thievery, bullying, and the anonymity of the internet also pose a serious threat to many companies and the mental well being of their employees  Is considered a growing, and potentially the most dangerous threat at this point in time  Proper training is key in this situation