Is internal theft really a big deal?

Spoiler Alert: It Is.

Ever have one of those clients chuckle when you mention internal theft? The one who says, "Nah, my employees are like family!" or "Shoplifters are the real threat." Yeah, we've been there. But before you write them off as naive, keep on reading.

Because while external theft grabs the headlines, the truth is, internal losses often dwarf shoplifting, leaving a silent dent in your clients' profits.

Now, hold your skepticism. We're not saying every cashier is a potential Bonnie and Clyde. But consider this: studies show employee theft accounts for 29% of retail shrink, compared to external theft of 36%. That's HUGE.

And unlike the easily identifiable grab-and-dash, internal theft can be subtle, insidious, and incredibly difficult to detect. Think sweethearting, return scams, skimming register change... the list goes on.

So, why the skepticism? Maybe it's the uncomfortable reality of facing potential dishonesty within an own team. Maybe it's the perception of cost versus benefit when implementing tighter controls.

But here's the thing: ignoring internal theft is like leaving the back door wide open while you guard the front with security systems. It's simply not a sustainable security strategy.

The good news? There are effective measures to mitigate internal risk. Think robust access/exit controls, clear policies, surprise audits, and employee training.

While not a silver bullet, RFID is a powerful tool in the fight against internal theft, adding a crucial layer of deterrence and detection to your security arsenal.

RFID provides an extra layer of transparency, making it harder for internal actors to slip under the radar. Combined with robust data analysis, it can pinpoint patterns and identify anomalies before losses mount.

Want to explore tech solutions tailored to your specific needs? Let's work together to create a safer, more secure environment for everyone.