Keeping Predators at Bay: Protecting Company Assets from Outside Threats

No matter what industry you are in, no matter whatreclaim your livelihood.
your assets include, inventory, money, information andI'm not suggesting paranoia, I'm preaching survival.
other resources critical to you and your business areAwareness, understanding, and prevention are
vulnerable to predators, outside of your company, whoabsolutely essential in order to defend yourself against
will go to great lengths to steal them.these losses; once you are aware that these thefts
All businesses suffer from fraud and theft:occur and you understand how they are committed
· The retailer is susceptible to shoplifters, checkthen, and only then, can you identify and develop
and credit card fraud, counterfeiters, quick-changemeasures to prevent them.
artists, vendor theft, robbers and burglars.As alluded to in the previous examples, fraud and theft
· The contractor may have building materialstypically include:
stolen from the job site, confidential bid information that· Shoplifting
gets compromised, or has his business checks stolen.· Check Fraud
· The hotdog vendor could lose his credit rating· Credit Card Fraud
to an identity thief.· Refund Fraud
· The corporate headhunter isn't immune from· Robberies and Burglaries
these external attacks either; sensitive client lists,· Counterfeit Currency
candidate databases, and office equipment, are all up· Insurance Fraud
for grabs.· Corporate Espionage
What business is not subject to scams that run the· Vendor Theft/ Delivery Shortages
gamut from simple charities fraud to the much more· Scams and other Frauds including Identity
complicated credit fraud schemes?Theft and Credit Fraud
The U.S. Department of Justice predicts that losses toOf course not all businesses are subject to every type
business crime surpass $200 billion dollars each yearof theft, but all businesses are subject to at least one
and that shoplifting alone costs the American publicon the list. My hope is that you research further to gain
over $27 billion dollars annually.an awareness and an understanding of each type of
The most important point to understand is that it willloss so that you may be proactive in identifying and
continue to happen unless you decide not to be apreventing these crimes in your business.
victim any longer; until you get angry and fight toIf you need help, contact a professional.