Get a Pentest and security assessment of your IT network.

News

Organized retail crime: Whose fault is it, anyway?

A while back we ran an interview with John Talamo, VP of loss prevention for Limited Brands, who owns Victorias Secret, Limited, Express, and Bath & Body Works. Arshad Noor, who works for an identity management and compliance company called StrongAuth, says pricing model encourages organized retail crime. Scalet asks: How much theft of their products could Limited Brands have prevented by pricing these bras at $24 [the price consumers may pay for stolen merchandise] in the first place? What are the costs to society that could be avoided (prosecutors, police, courts, etc.) if these criminal activities did not occur due to the lower profit incentive for criminals?”]

Source: https://www.csoonline.com/article/2135605/organized-retail-crime–whose-fault-is-it–anyway-.html

Related posts
News

Ashley Madison 2.0 Hackers Leak 20GB Data Dump, Including CEO's Emails

News

Art of Twitter account hacking

News

BlackEnergy exploits recently fixed flaws in Siemens WinCC

News

Google Chrome will block code injection from third-party software within 14 months