'Inside the LPRC IMPACT Conference' 2018
An Eight-Episode Series Presented by Sensormatic

Assessing The Real-World Impact of LP Efforts
The LPRC Delivers Evidence-Based Solutions and Actionable Results

Driving RFID in Retail

The Impact and Value RFID Can Deliver for Retail

Joe Coll, Vice President of Asset Protection Operations & Administration, Macy's
Ned McCauley, Director of Retail Strategic Accounts, Tyco Integrated Security

In our 6th episode, we sit down with two RFID subject matter experts at the LPRC Impact Conference at the University of Florida, getting their thoughts on how RFID is progressing and impacting the retail industry.

Ned McCauley, Director Retail Strategic Accounts at Tyco Integrated Security, provides some background on Sensormatic's role in RFID deployment, their current market position, the benefits of RFID applications and long-term industry predictions.

Joe Coll, VP of Asset Protection Operations & Administration for Macy's, walks us through the retailer's 6-year RFID journey that has evolved over time from merchandise visibility in stores to additional use cases like out-of-stock replenishment that turns Macy's stores into fulfillment centers.

With Sensormatic's help, learn how RFID has revolutionized how Macy's manages asset protection and drives sales.
 

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See more of our 2nd LPRC series here. Watch our 1st series here.
Take the time to learn. As this is the LP/AP academic "Think Tank".

Apply Now for Vector Security
Loss Prevention Foundation (LPF) Scholarships

$233,460 awarded to date to support loss prevention certification;
up to 25 recipients to be selected

PITTSBURGH, January 15, 2019 - Vector Security, Inc., the provider of intelligent mobile security and automation solutions to homes and businesses, is accepting applications for its Loss Prevention Foundation (LPF) scholarship program from now through March 31, 2019. Applications can be submitted via the Vector Security website at www.vectorsecurity.com/lpfscholarship.

The scholarships provide financial support to loss prevention professionals - or those who have an interest in loss prevention - seeking to obtain LPQ and LPC certifications. Vector Security began awarding the scholarships in 2009 in support of career development and continuing education for professionals in this important and rapidly-growing industry.

"As the security needs of multi-site businesses continue to change, including the need to integrate IT and network solutions into loss prevention more closely, it becomes increasingly important for LP professionals to stay current on industry trends and solutions," said Michael T. Grady, LPC, Executive Vice President, Vector Security Networks. Continuing education and certification, such as LPQ and LPC, in this field will help LP professionals meet the challenges of their profession, while providing the best talent."

"We value the contributions loss prevention professionals make to this industry and our commitment to this profession remains strong," Grady added. "Through our scholarship program, we're honored to assist individuals who otherwise may be hindered by the costs associated with obtaining this certification."

Vector Security has awarded 231 scholarships totaling $233,460 since the program began in 2009. The scholarships cover all course and examination fees for retail loss prevention professionals who wish to obtain LPF's Loss Prevention Qualified (LPQ) or Loss Prevention Certified (LPC) certifications.

In 2012, the scholarship program was expanded into Canada and will continue this year as well. A total of 10 LPQ and 10 LPC scholarships will be awarded to U.S.-based professionals, while another five LPC scholarships will be awarded to Canadian-based professionals.

Anyone currently in the loss prevention industry, or has an interest in the industry, may apply for an LPQ scholarship. Those applying for the LPC scholarship must meet certain eligibility requirements. Detailed information can be found at www.vectorsecurity.com/lpfscholarship.

Average Cost of Cyberattack Now Exceeds $1 Million
A new report by Radware shows that the average cost of a cyberattack now exceeds $1 million.

The 2018-2019 Global Application and Network Security Report noted that for those organizations that calculate (versus estimate) the cost of an attack, that number increases to $1.67M. The top impact of cyberattacks, as reported by respondents, is operational/productivity loss (54%), followed by negative customer experience (43%). What's more, almost half (45%) reported that the goal of the attacks they suffered was service disruption. Another third (35%) said the goal was data theft.  securitymagazine.com

Customer data over two years impacted in OXO International data breach
OXO International, a US-based manufacturer of homeware, has disclosed a data breach which may have exposed customer information over the course of two years.

The incident involved "sophisticated criminal activity" that may have exposed customer's personal information, and customers who entered data on the oxo.com domain between June 2017 and October 2018 according to the manufacturer.

Specifically, data entered between June 9, 2017 -- November 28, 2017, June 8, 2018 -- June 9, 2018, and July 20, 2018 -- October 16, 2018 has potentially been exposed.

The business added that names, billing and shipping addresses, as well as credit card information were involved in the data breach. OXO blamed the incident on "unauthorized code" which found its way on to the company's website. Beyond the code being "malicious", OXO has not revealed any further details concerning how the malware landed on the oxo.com domain or who may be responsible. thepaypers.com

Shutdown a Threat to IT Security Recruitment
As the US inches toward a full month of a government shutdown, concerns over the impact on national security and cybersecurity continue to mount, and according to security experts from Juniper Networks, Untangle and Vectra, the shutdown may affect government IT recruiting and hiring.

With the skills gap being one of the hurdles every company must clear in order to mature in their overall cybersecurity posture, most organizations are trying to get more creative when it comes to recruitment. The government, though, is in its 25th day of a shutdown.

"The biggest impact of the shutdown, in my opinion, is that furloughing cybersecurity analysts creates a vulnerability for government networks. As we all know, the top problem in security today is the shortage of trained cybersecurity professionals, and the cybersecurity skills shortage was already getting worse in 2018 with millions of unfilled cybersecurity jobs," said Nick Bilogorskiy, cybersecurity strategist at Juniper Networks. infosecurity-magazine.com

The quiet threat inside 'internet of things' devices
As Americans increasingly buy and install smart devices in their homes, all those cheap interconnected devices create new security problems for individuals and society as a whole. The problem is compounded by businesses radically expanding the number of sensors and remote monitors it uses to manage overhead lights in corporate offices and detailed manufacturing processes in factories. Governments, too, are getting into the act - cities, especially, want to use new technologies to improve energy efficiency, reduce traffic congestion and improve water quality.

The number of these "internet of things" devices is climbing into the tens of billions. They're creating an interconnected world with the potential to make people's lives more enjoyable, productive, secure and efficient. But those very same devices, many of which have no real security protections, are also becoming part of what are called "botnets," vast networks of tiny computers vulnerable to hijacking by hackers. Read more at: homelandsecuritynewswire.com

UK Banks Finally Issue New Cards After Ticketmaster Breach

Why Cyberattacks Are the No. 1 Risk

Advanced Phishing Scenarios You Will Most Likely Encounter This Year

Panasonic Introduces New Tech Solutions For Manufacturing, Logistics, Retail

You May Want to Turn Off Your Face Unlock on Android Phones

In a recent test, several Android smarts phones were unlocked with just a photo of its users without the user even being present. For some, this is a significant concern. A simple fix is to go back to a passcode until a fix is found.

Alibaba claims success in fight against fake goods on Taobao
Just over one in every 10,000 orders on Alibaba's Taobao marketplace last year involved suspected fake goods, the Chinese tech giant has said as it claimed success in reducing piracy on the world's largest e-commerce platform. In its annual intellectual property (IP) protection report last week, Alibaba said big data analysis and closer cooperation with brands and law enforcement had snuffed out counterfeiting on Taobao.

In recent years, Alibaba has publicly intensified its fight against counterfeit goods, even going as far as establishing a research institute - on World Intellectual Property Day last April - to set rules in IP protection.

While the USTR noted that Alibaba had taken positive steps to fight piracy, it said a high volume of infringing products reportedly continue to be sold on Taobao. Experts said counterfeiters have evolved their tactics in their cat-and-mouse game with IP-protection countermeasures on Taobao.

Last November, trademark law journal World Trademark Review found that Taobao remains the go-to platform for fake consumer goods.

A casual check on Monday (Jan 14) showed that fake luxury goods were still easily available on Taobao but under creative code names. Counterfeit Gucci Jackets were labelled "G-house" and knockoff Ralph Lauren polos were peddled under "Little horse brand". Both logos were blurred out or pixelated to prevent automatic flagging by Taobao.

To cater to international buyers, counterfeiters were also increasingly hawking their goods on foreign social media, such as Whatsapp and Instagram, and through third-party image hosting sites such as Yupoo. straitstimes.com

Digital Merchants Too Focused on Fraud at Checkout: Report
E-commerce merchants still focus most of their fraud prevention efforts at the point of the transaction rather than expanding those efforts to meet an evolving threat, a new report asserts. Online retailers will lose $130 billion over the next five years, according to U.K. research firm and consultancy Juniper Research, while they continue to fight an increasingly complex, cross-channel threat using obsolete technology.

In addition to technology that assesses the likelihood of fraud at checkout, researchers said an effective layered solution should include systems that verify identity during login and monitor behavior while shoppers are interacting with the site. According to Online Payment Fraud: Emerging Threats, Segment Analysis & Market Forecasts 2018-2023, merchants are hesitating to implement comprehensive fraud detection and prevention systems like this because they perceive the cost to be too high. As CNP fraud becomes more sophisticated, however, newer layered fraud detection and prevention systems that incorporate authentication and behavioral analytics will provide more ROI than merchants think, said the report's author, Steffen Sorrell. cnpexpo.com

Bethlehem, PA: AT&T thief caught stealing $8,000 in iPhones said he needed money to pay brother's bail; Connected to another AT&T store theft
Pennsylvania State Police in Bethlehem are searching for a man they say cut $8,000 worth of iPhones from a Hanover Township, Northampton County cellphone store display and fled with the goods. The thief used pliers to snip the four phones from displays in plain sight of store employees. When confronted, he told police he needed cash to bail his brother out of jail, police said. Police believe the Northampton County theft is connected to another similar theft at an AT&T store in East Greenville, Montgomery County. lehighvalleylive.com

Chicago, IL: Convicted felon pockets $7k ring from jewelry store
Previously convicted of multiple felony retail thefts
A man was charged with allegedly stealing a ring worth nearly $7,000 on Monday from a jewelry store in the South Loop. James Winston, 55, appeared in bond court Saturday, five days after he pocketed a ring that had a price tag of $6,699 from Kay Jewelers. The jeweler handed him the ring to look at, which Winston took over to a magnifier in the store where he pretended to examine it. Winston then allegedly slipped the ring into his pocket and handed another ring back to the jeweler. The jeweler noticed the difference immediately and questioned Winston, at which point he fled the store. suntimes.com

Exeter Township, PA: Woman diagnosed with kleptomania sentenced
for 13th retail theft
As he prepared to sentence an Exeter Township woman for her 13th retail theft conviction Monday, Judge Patrick T. Barrett said he didn't know if there was anything he could do to help change the diagnosed kleptomaniac. The 63-year-old woman's retail theft history dates back to 1995 and includes stints in prison, on house arrest and on probation. Her most recent sentence in June 2016 called for a year of house arrest during six years of probation and for Heller to undergo psychiatric treatment and continue therapy throughout the entirety of the sentence. readingeagle.com

Decatur, IL: Man swaps barcodes to pay 48 cents for $300 in Walmart items
A man who switched barcode labels in a Decatur store and tried to walk away having paid 48 cents for items valued at nearly $300 was caught before he made it out the door, police said. The affidavit quoted the man as telling officers he had been told "about a scam" involving swapped barcodes and wanted to see if it would work. The affidavit described how he switched codes from Kool-Aid packets for a KitchenAid food mixer and a Lego toy set together valued at $298.97. herald-review.com

Middletown, CT: Pair arrested for $1,000 theft from Bob's Store; Police discover stolen merchandise, two handguns, five crack pipes & 2.66 grams of crack cocaine

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