Written By ESR News Blog Editor Thomas Ahearn A report entitled “The State of Cybersecurity and Digital Trust 2016” has revealed that more than two out of three companies surveyed – 69 percent – experienced an attempted or successful insider theft or corruption of data during the prior 12 months, and that concerns from…
Written By ESR News Blog Editor Thomas Ahearn Employee theft in the United States accounted for 43 percent of lost revenue – about $18 billion – while dishonest employees around the world accounted for only approximately 28 percent of inventory losses globally, according to the Global Retail Theft Barometer 2014TM.
Written By ESR News Blog Editor Thomas Ahearn Thanksgiving week signals the official start of the holiday season. Along with turkey, football, presents, and good cheer, the holiday season brings an increase in seasonal hiring. However, fraud experts interviewed for an article posted on InsuranceJournal.com warn that businesses skipping their usual due diligence background checks…
Employee theft rose in the U.S. in 2012 as more than 70,000 dishonest employees were apprehended and over $50 million was recovered from employee apprehensions, according to the 25th Annual Retail Theft Survey by leading loss prevention firm Jack L. Hayes International. More information about the survey is available at http://hayesinternational.com/news/annual-retail-theft-survey/.
A study of 23 large retail companies found that 71,095 dishonest employees were apprehended for employee theft in 2012, up 5.5 percent from 2011, while more than $50 million was recovered in those cases, up 7 percent from 2011, according to the 25th Annual Retail Theft Survey conducted by Jack L. Hayes International. The survey,…
Large databases that track employee thefts and could prevent workers accused of theft in the past from finding new jobs in the retail industry will be examined by the Federal Trade Commission (FTC) for compliance with the Fair Credit Reporting Act (FCRA), according to a report from the New York Times. The article – ‘Retailers…
By Les Rosen, President of ESR & Thomas Ahearn, ESR Staff Writer Employers may have one less employment screening tool at their disposal if a federal bill banning credit checks during most employment background checks becomes law. Recent legislative efforts throughout the country have sought to ban credit reports from the employment screening process. Three states —…
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