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