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LPM Survey: Conducting Employee Bag Checks - LPM
LP Media's website has posted a survey about bag checks for employees.
This is a really short survey, but the questions hit on the question about who should pay for the time to do a proper bag check.
With most major retailers looking for ways to trim store and labor costs with laser precision, knowing exactly how the policies work in your company, and across the industry, is extremely important!
Tesco fraud trial: Case discontinued after defendant suffers heart attack - Business Insider
After inflating earnings by more than $331 million in 2014 fraud trial against three former Tesco executives has been dismissed after one defendant suffered a heart attack.
https://www.youtube.com/embed/7bXJ_obaiYQ?wmode=transparent
There were plenty of suspenseful moments in the 2002 film, The Minority Report. Car chases, fight scenes, plot twists, and humans that could predict murders before they happened. That being said, this one minute clip terrified me. Here, Chief Jon Anderton is walking through a public hallway and he is hit by dozens of facial and retinal scan prompted advertisements calling out his name, questions about previous purchases, and even offering him a cold beer.
For those of us who have worked in the fraud prevention industry, we know that scene will play out for real in the not too distant future.
What are your thoughts on the ethical implications when these technologies are no longer science fiction?
Does your company use advance ID tracking methods including facial recognition?
What is next?
Theranos CEO and former president charged with massive fraud
There is a lot of attention being paid to "Pharma Bro" Martin Shkreli, but how about the $750 million to be paid back to investors of the highly touted Theranos after the CEO Elizabeth Holmes admitted to giving misleading statements about the viability of a new mobile blood testing lab. Thanks to investigative reporters from the Wall Street Journal, regulators and SEC investigators looked closer at the claims made by Holmes and Theranos.
The details might be complex and convoluted by the characteristics of an industry most people do not understand, but the scam is nothing new. A pitch-man (pitch-woman in this case) has an innovative new product that will turn an entire industry on it's head, but when the bill's come due, the customer is left with a bottle of snake oil and an empty wallet.
Retailers Are So Wary of Fraud They’re Rejecting Real Customers - Bloomberg
Insult rates vary widely between industries and companies. While Loss Prevention teams work tirelessly to make their rules based security work more like spear fishing than casting a net over wide swaths of risky orders, insult cancelled orders are accepted just a part of doing business.
Where this article takes a crazy turn is the direct correlation between "good orders" being canceled and potential data breaches.
Are they confused or am I?
In your respective businesses, how concerned are you about data breaches through your online POS platform?
Hello All and Welcome Back!
The last couple months have been quite a ride for me. When I left for TC17 I was a Tableau customer and unable to share my work outside of private forums, by the end of that week I became a consultant and even got Viz of the Day while in Vegas. I am now a Sr. Data Visualization and Analytics Consultant with Cleartelligence based near Boston, MA and absolutely loving it!
As you may know, my professional passion is FRAUD. Everything and anything related to with the deliberate human behavior expressed by theft, deceit, and general mayhem fascinates me. The most interesting element of fraud is its omnipresence in all forms of commerce. No matter who is selling, buying, or trading anything from publicly traded stock to Holy Water blessed by the Pope himself, there is some quantifiable loss due to fraud.
If your professional is focused on fraud, and you use Tableau to see and understand how it is impacting your business, this is the place for you!
Now I want to keep this a safe space for sharing, but not for solicitation. Yes, at Cleartelligence we are building a fraud detection analytics system ideal for retail, finance, and supply chain companies, leveraging great partners like Tableau, Atleryx, and DataRobot. No, I will not use this space to shamelessly plug my own work; well, accept for this time!
Feel free to reach out with suggested content, discussions, or to share your success stories of fighting fraud with Tableau. I am always on the hunt for redacted data to share, so if you have some old retail or finance transaction data that has been scrubbed of PCI and/or sensitive company details, please send it my way!
Thanks,
Will-