I See You. . .

Fight high-tech thieves with high-tech weapons
Magazine Contributor
1 min read

This story appears in the December 2000 issue of Entrepreneur. Subscribe »

Like everyone else, thieves have gone . A new study finds crooks who prey on retailers go straight for the high-tech items.

crime is big in the United States: In 1998, it cost businesses more than $30 billion. According to Robert Blackwood, vice president of Winter Park, -based Loss Prevention Specialists-Prevention Strategies Group, which released the study in September 1999, the best way to prevent losses and reduce crime is to fight back by training employees to use theft-prevention . "The [businesses] that do will have a distinct advantage in the marketplace over their competitors," says Blackwood. Look for more electronic "smart tagging" and sophisticated video surveillance equipment to help catch the crooks.

The study, which surveyed a 25-member panel of mostly retailers, also found that new technology could help employers with pre- screening to better predict potential employees' integrity.


Ellen Paris is a Washington, DC, writer and former magazine staff writer.

Contact Source

loading...

More from Entrepreneur

Get heaping discounts to books you love delivered straight to your inbox. We’ll feature a different book each week and share exclusive deals you won’t find anywhere else.
Jumpstart Your Business. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level.
Let us help you take the NEXT step. Whether you have one-time projects, recurring work, or part-time contractors, we can assemble the experts you need to grow your company.

Latest on Entrepreneur