2018 Emerging Trends in Cyber Risk for Retail

(This article originally appeared in Loss Prevention Magazine) LP Magazine‘s columnist Tom Meehan, CFI, shares his top five predictions for cyber risks retailers can expect in 2018: 1. Ransomware attacks will increase in 2018 and will become more sophisticated. Ransomware has been more prevalent in the past two years. In the first quarter of 2017 […]

How to Become a Subject-Matter Expert

(This article originally appeared in Loss Prevention Magazine) Work experience doesn’t necessarily mean you are a subject-matter expert. It could mean you know more than some people. A true subject-matter expert (SME) must have deep understanding of a particular process, function, or technology; must have studied the field; and must have spent hundreds—even thousands—of hours […]

The Danger of Forced Innovation in Retail

(This article originally appeared in Loss Prevention Magazine) When planned, innovation is an essential part of the evolution of retail. But when innovation is forced on a retailer, it can be a toxic time burglar. In this article, I will review two types of forced innovation: “keeping up with the Joneses” and “can it be […]

Brick-and-Mortar Is Not Dead; Amazon Just Proved It

(This article originally appeared in Loss Prevention Magazine) Brick-and-mortar didnt die, and Amazon just confirmed it with its purchase of Whole Foods. Unless you live under a rock, you have seen the news related to Amazon’s purchase of Whole Foods for more than $13 billion. Over 90 percent of retail purchases are made in-store today. […]

When Ordinary Things Get Smart

(This article originally appeared in Loss Prevention Magazine) A ton of great smart tech was on display at the National Retail Federation’s Big Show in January, from wearables to the Internet of Things (IOT). My team was invited to a small get-together. I noticed several people had sharp-looking ski jackets. As a trained investigator, I […]