Content about Crime

August 21, 2014

Retailers working to improve their security posture have a new threat to consider: Backoff malware.

By Deena Coffman, IDT911 Consulting

Retailers working to improve their security posture have a new threat to consider: Backoff malware. Although its appearances have been traced back as early as October 2013, Backoff is still inflicting harm in the retail sector by actively targeting point-of-sale systems, and the United State is its favorite target, according to TrendMicro’s analysis.

April 3, 2014

Family Dollar is rolling out electronic article surveillance (EAS) loss prevention technology from Checkpoint Systems across the retailer's more than 8,000 stores nationwide.

Thorofare, N.J. -- Family Dollar is rolling out electronic article surveillance (EAS) loss prevention technology from Checkpoint Systems across the retailer's more than 8,000 stores nationwide. It is one of the fastest roll-outs in the industry, with 3,500 installations already completed and deployments in 120 more stores each week, according to Checkpoint.

February 12, 2014

Microsoft Corp. announced three new global partnerships Wednesday with the Organization of American States, Europol and FIS to increase cooperation between international law enforcement and the private sector in combating cybercrime and helping build a safer Internet.

Redmond, Wash. -- Microsoft Corp. announced three new global partnerships Wednesday with the Organization of American States, Europol and FIS to increase cooperation between international law enforcement and the private sector in combating cybercrime and helping build a safer Internet.

January 14, 2014

Target Corp. will invest $5 million in a multi-year campaign to educate consumers about cybersecurity and the dangers of phishing scams.

Minneapolis -- Target Corp. will invest $5 million in a multi-year campaign to educate consumers about cybersecurity and the dangers of phishing scams.

January 10, 2014

Target Corp. on Friday cuts its profit forecast on the heels of disappointing fourth quarter same-store sales.

Minneapolis -- Target Corp. on Friday cuts its profit forecast on the heels of disappointing fourth quarter same-store sales. The retailer also disclosed that its previously announced data breach involved many more people was much wider than it initially thought.

December 2, 2013

Retailers usually measure the success of project spending by ROI, or “return on investment.” ROI measures how many dollars you get back for every dollar you invest. This is a prudent and necessary way of justifying investment in things like IT systems, facilities and processes.

But not everything of value can be measured by simple dollars and cents. How do you measure the return on hope given to hundreds of thousands of disadvantaged children, both in the United States and around the world?

June 6, 2013

Los Angeles, New York and Chicago top the list of the cities with the highest organized retail crime activity, with Miami and Atanta rounding out the top five, according to a study by the National Retail Federation.

Washington, D.C. -- Los Angeles, New York and Chicago top the list of the cities with the highest organized retail crime activity, with Miami and Atanta rounding out the top five, according to a study by the National Retail Federation.

The NRF’s ninth annual Organized Retail Crime (ORC) Survey found that while organized crime has inched down slightly, it remains widespread. Over 90% (93.5%) of retailers said they had been a victim of organized retail crime during the past year, down from 96% the prior year.

February 14, 2013

Tiffany & Co. has filed suit against Costco Wholesale Corp., alleging alleges trademark infringement, dilution, counterfeiting, unfair competition, injury to business reputation, false and deceptive business practices and false advertising.

New York -- Tiffany & Co. has filed suit against Costco Wholesale Corp., alleging alleges trademark infringement, dilution, counterfeiting, unfair competition, injury to business reputation, false and deceptive business practices and false advertising. Tiffany said it filed the suit “to prevent further sales of counterfeit diamond engagement rings and for damages associated with prior sales.”

November 20, 2012

By Greg Smith, Accudata Technologies

By Greg Smith

As companies brace themselves for the recently added holiday known to American shoppers as Cyber Monday, they should be aware of the potential security threats looming with the activity centered around the largest online shopping day of the year. 

October 18, 2011

Philadelphia -- A report released Tuesday by Checkpoint Systems and the Centre for Retail Research found that global shrink has reached its highest level since it began measuring the data in 2007.

According to the Global Retail Theft Barometer, shrink is up 6.6% globally and up 6% in the United States over last year. Costs globally are $119 billion and the overall shrink rate is 1.45% of sales. Driving the increases are rises in shoplifting, employee fraud and organized retail crime rates.

October 6, 2011

A report released Thursday by the Retail Industry Leaders Association found significant increases in shoplifting and pharmacy theft, in particular.

Arlington, Va. -- A report released Thursday by the Retail Industry Leaders Association found significant increases in shoplifting and pharmacy theft, in particular. According to RILA’s 2011 Crime Trends and Leading Practices Survey, more than half of respondents reported an increase in the frequency with which organized rings committed shoplifting, and 41% saw an increase in shoplifting by individuals acting alone.

Sixty-four percent of respondents reported an increase in theft of pharmaceutical products.

February 1, 2011

Retail is an evolving business that must constantly adapt to changing consumer demands, technologies and economic and demographic trends.

By Eric White, Doug Reynolds and Michael Rozin

Retail is an evolving business that must constantly adapt to changing consumer demands, technologies and economic and demographic trends. Retailers are extremely adept at this, and are perpetually reinventing the way they do business, both in terms of interactions with consumers and also how they streamline operations. This is a requirement for successful retailers because, like it or not, everything impacts retail: technology, weather, politics and even terrorism. 

July 11, 2010

Blockbuster Inc. has named Jeffery Stegenga as its chief restructuring officer, the Wall Street Journal...

March 29, 2010

Circuit court judges affirmed the dismissal of racketeering claims against Kroger Co. alleged in a...

March 29, 2010

A federal judge in Boston has sentenced a Florida man to seven years in prison...

March 21, 2010

EBay and the National Retail Federation trade group said Monday they are collaborating, with support...

January 26, 2010

Hundreds of thousands of law enforcement officers around the country will gain instant access to...

November 12, 2008

The level of global retail theft reached $104.5 billion in the past year, leading to...

May 26, 2008

A judge has denied a mistrial for two former CVS executives, the company said on...

May 18, 2008

Hillsboro, Ore.-based MTI-Andrews has introduced a “SmartKey,” a new, programmable, encrypted key and switch system...

November 30, 2007

No retailer wants to admit it has a shrink problem, and Pleasanton, Calif.-based Safeway Inc....

November 30, 2007

RankingCityPopulation Estimate July 20061Phoenix1,512,9862Riverside, Calif.293,7613Las Vegas552,5394Miami404,0485Dallas1,232,9406Sacramento, Calif.453,7817San Francisco744,0418Los Angeles3,849,3789Houston2,144,49110San Antonio1,296,68211Orlando, Fla.220,18612San Diego1,256,95113San Jose, Calif.929,93614Atlanta486,41115Denver566,97416Austin, Texas709,89317Memphis,...

November 14, 2007

London, 3i Group...

October 24, 2007

Washington, The Coalition...

October 1, 2007

Cambridge, Mass. -...