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loss protection strategies

Loss Prevention Strategies for Effective Collaboration

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Frank Costa, President Nexgen Protection Services – 

 

The most effective loss protection strategies are those that engage every level and department within an organization.

The essence of this collaborative approach is to move beyond the traditional confines of asset protection. It’s about breaking down the silos and fostering a culture where asset protection is seen as a shared responsibility.

To be effective, asset protection leaders must ensure they are seen as valuable partners rather than roadblocks. This involves actively seeking ways to support other departments’ goals and finding solutions that benefit the entire organization. When others see you as a collaborator rather than an obstacle, they are more likely to include you in critical meetings, ideation sessions, and decision-making processes.

 

SOURCE: 

Shugan, D. Collaborative Approaches to Asset Protection: Engaging All Stakeholders. Loss Prevention Magazine, 08/01/2024
#protectionservices #securitystandards #publicsaftey  #mobilesecurity #securitythreats

 

Physical Security Provides a Secure, Stable and Healthy Workplace

Physical Security Provides a Secure, Stable and Healthy Workplace

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Frank Costa, President Nexgen Protection Services – 

 

The range, value, and tampering sensitivity of merchandise passing through e-commerce portals is vast, throwing up new challenges for security details.  Protection against theft, against threats to staff, and against tampering, sabotage and the reputational damage resulting are the top priorities.

Physical security serves as a shield for such workers against unauthorized access while protecting against theft, vandalism, and violence.

In workplaces, educational facilities and other public spaces, physical security is the first line of defense. It not only prevents unauthorized entry but also creates a sense of safety and calmness. Providing a secure, stable and healthy workplace is an asset to retention and productivity.

 

SOURCE: 

Fisher, M. Distribution Facilities Ramp Up Safety Measures. The Urban Developer, 09/222024
#protectionservices #securitystandards #publicsaftey  #mobilesecurity #securitythreats

 

Today's integrated technologies are transforming school safety approaches, enabling districts of all sizes to implement effective, scalable security solutions.

Integrated Technologies are Transforming School Safety

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Frank Costa, President Nexgen Protection Services – 

 

An active shooter situation is often cited as being extremely rare among school violence incidents in our country. Nevertheless, when one occurs, it’s always devastating, often unpredictable, and evolves quickly. Whether at a school, a house of worship, or anywhere for that matter, one is still too many.

Today’s integrated technologies are transforming school safety approaches, enabling districts of all sizes to implement effective, scalable security solutions. These systems address unique local needs and facilitate compliance with emerging legislation. By leveraging the power of interconnected systems and devices, real-time communication, and data insights, schools can create a flexible and responsive security infrastructure that is efficient and effective.

SOURCE: 

Securing K-12 Schools From the Inside Out. Security Today, August 2024.
#protectionservices #securitystandards #publicsaftey  #mobilesecurity #securitythreats

 

Identity Threat Detection and Response Protocols

Identity Threat Detection and Response Protocols

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Frank Costa, President Nexgen Protection Services – 

 

To effectively safeguard against identity attacks, organizations must address a range of use cases for both human and non-human identities, including but not limited to:

  1. Account Takeover Detection: Detect any of the numerous variants that indicate an identity has been compromised.

  2. Credential Compromise Detection: Identify and alert on the use of stolen or compromised credentials within the environment.

  3. Privilege Escalation Detection: Detect unauthorized attempts to escalate privileges within systems and applications.

  4. Anomalous Behavior Detection: Monitor for deviations from normal user behavior that may indicate malicious activity.

  5. Insider Threat Detection: Identify and respond to malicious or negligent actions by internal users.

 

SOURCE: 

Identity Threat Detection and Response Solution Guide. The Hacker News, 08/15/2024.
#protectionservices #securitystandards #publicsaftey  #mobilesecurity #securitythreats

 

Retailers-Must-Implement-Ironclad-Loss-Prevention-Strategies

Retailers Must Implement Ironclad Loss Prevention Strategies

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Frank Costa, President Nexgen Protection Services – 

One of the biggest threats to retail profits is “shrink,” or preventable losses due to theft or human error. Retail shrink accounts for billions of dollars per year in lost revenue, so it’s in retailers’ best interests to have a comprehensive set of standards designed to avoid these losses. 

The rise of retail organized crime, cyberattacks, and new methods of theft have made reducing shrink harder than ever for retailers. In order to be prepared for these modern threats, retail store owners and managers must have ironclad loss prevention strategies in place, as well as the tools to enforce them.

SOURCE: 

Shein, M. Reassessing the role of loss prevention, Security Magazine, 04/04/2024.
#protectionservices #securitystandards #publicsaftey  #mobilesecurity #securitythreats


Security Guards Employ Body Cameras for Theft Prevention

Security Guards Employ Body Cameras for Theft Prevention

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Frank Costa, President Nexgen Protection Services – 

Body cameras are just the latest in a slew of security measures retailers have taken, such as locking up products behind glass cases and removing self-checkout stations. 

When people know that their actions are being recorded they tend to behave differently. The advertisement of body worn cameras in use can deter members of the public from behaving antisocially, abusively or aggressively.

Retailers are also working more closely with law enforcement and devoting more internal resources to investigating theft.

 

SOURCE: 

Store security guards employ body cameras for theft prevention, KTV FOX 2, Jun 6, 2024.
#protectionservices #securitystandards #publicsaftey  #mobilesecurity #securitythreats



Organizations-need-guidance-and-direction-from-a-strong-security-leader

Organizations need guidance and direction from strong security leadership.

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Frank Costa, President Nexgen Protection Services – 

“The greatness of a leader is measured by the achievements of the led. This is the ultimate test of his effectiveness.” — Gen. Omar Bradley

Organizations need guidance and direction from a strong security leader. To mitigate threats the security team needs to prioritize the risks and threats that are of the utmost importance to the business and then devise a strategy to mitigate those risks and threats. 

Strategy should result in a number of initiatives designed to improve the security posture of the business. The security team should gear up to implement those initiatives, staying true to the strategy and plan along the way.

 

SOURCE: 

Altizer, A., Crowder, S. Leadership is more than a noun, Security Magazine, 07/01/2020.
#protectionservices #securitystandards #publicsaftey  #mobilesecurity #securitythreats



Mitigate-Workplace-Violence-By-Promoting-A-Culture-Of-Safety

Mitigate Workplace Violence By Promoting A Culture Of Safety

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Frank Costa, President Nexgen Protection Services – 

Workplace violence is an increasingly recognized safety issue. An act or threat occurring at the workplace that can include any of the following: verbal, nonverbal, written, or physical aggression; threatening, intimidating, harassing, or humiliating words or actions; bullying; sabotage; sexual harassment; physical assaults; or other behaviors.

Mitigate workplace violence by establishing support from human resources, staff, legal services, security, risk management and other areas of support. Promote a culture of safety to create a healthy work environment, which leads to improved job satisfaction, less absenteeism, reduced turnover and nurse retention.

 

SOURCE: 

Moro, J. Mitigating workplace violence through duty of care, Security Magazine, 06/07/2023.
#protectionservices #securitystandards #publicsaftey  #mobilesecurity #securitythreats


The Presence of Security is Still The Best Deterrent to Crime

The Presence of Security is Still The Best Deterrent to Crime

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Frank Costa, President Nexgen Protection Services – 

CVS, Target and other chains have barricaded everything from toiletries to cleaning supplies. It’s backfired in almost every way. Different products experience different theft rates, depending on store location and other factors. 

Beyond the financial impact of these crimes, the violence and concerns over safety continue to be the priority for all retailers. Professional security services is a strong deterrent, forcing criminals to think twice before they try to steal something. Security guards also handle vandalism and disturbances, ensuring customers’ shopping experience remains peaceful.

 

SOURCE:  Mull, A., Retailers Locked Up Their Products—and Broke Shopping in America, Bloomberg.com, 8/01/2024.
#protectionservices #securitystandards #publicsaftey  #mobilesecurity #securitythreats

Employee-Safety-in-the-Face-of-Organized-Retail-Crime

Employee Safety in the Face of Organized Retail Crime

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Frank Costa, President Nexgen Protection Services – 

The rash of flash-mob-style robberies in Los Angeles prompted several task forces of local and federal agencies to target the thefts, as well as work with retailers to enhance security and deterrence measures.

To overcome the ongoing threat of organized retail crime, pairing safety technology and ongoing safety training can keep employees and customers safe.

 

SOURCE: 

Hernandez, S. Smash-and-grab robbers coordinated crimes on social media. Eight culprits now face prison, Los Angeles Times. 7/30/2024.
#protectionservices #securitystandards #publicsaftey  #mobilesecurity #securitythreats