Objective documentation of internal theft and fraud and partnering with a third-party loss prevention firm can assure the restitution process, a retailer’s tool for recouping monetary losses, is fair and effective.
Open-source intelligence, subject vetting, civil demand, exceptions-based reporting, and strong relationships within law enforcement and the courts are central to establishing a comprehensive solution for combating organized retail crime (ORC).
Utilizing third-party analytics can reduce fraud, shrink and waste in the retail, food, and hospitality industries, and bolster the effectiveness of marketing efforts, with comprehensive data analysis.
Open Source Intelligence (OSINT) is an important but complex tool every loss prevention strategy should utilize. To manage OSINT, enlist a third-party provider who can navigate the darkest reaches of the web.