Isaac Whitaker promoted to Vice President Asset Protection & Field Audit for BJ's Wholesale Club Previously, Isaac held the role of Director of Field Audit for over two years for BJ's Wholesale Club, and before that he was the retailer's Manager of Field Audit for over 16 years. He earned his Bachelors of Science degree in Accounting from Franklin Pierce University. Congratulations Isaac!

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2019 - CIS IS CELEBRATING 30 YEARS
IN THE LOSS PREVENTION INDUSTRY

Since 1989, Peter Morello, president of CIS (Computer Imaging Supplies) and CIS Security Solutions, has been providing loss prevention solutions for the retail industry. He began inventing and patenting new products to help prevent return fraud, internal theft and external theft of cash and merchandise.

Peter's first patent, in 1989, was for the multi-colored ribbon, for ensuring the receipts were genuine. In 1996, Scratch & Secure ink was created to prevent return fraud. In 1998 he created the Annunciatior to protect cash drawers from unauthorized entry. In 2003 he created the EAS core to protect theft of register rolls. In 2014 the Mousetrap alarming recoiling tether was invented and has since evolved into the Gen5 alarming recoiling tether with added IR protection. In 2016 the Tape Tag came along, as well as the Convertible, a changeable alarming padlock tag, using either loop or pin. In 2018, the new and improved Tick-R-Tape Tag was born, with unlimited lifespan and unlimited potential.

Peter Morello and CIS Security Solutions have been providing Loss Prevention products and Solutions to the Retail Industry for the past 30 years, and is considered the most knowledgeable of experts when it comes to Counterfeit Currency, Refund Fraud and Fraudulent Receipts . The CIS team has now focused their expertise on developing new UV and IR protected products, along with easy to use, easily updateable, and cost effective counterfeit currency detection machines. He even designed a counterfeit detection machine that will verify both USD and CAD (paper and polymer bills) for the US border states and Canada.

CIS Security Solutions is now Located in Stuart, FL and Hobe Sound, FL, with our newest NE location in Coventry, Connecticut. The plans include expanding to locations in the Midwest and West Coast.

CIS Security Solutions would like opportunity to service your needs. CIS Security Solutions believes that our clients' needs always come first.

At CIS Security Solutions we offer: security solutions and security products, currency detection equipment, counterfeit protection, counterfeit currency detectors, counterfeit bill detectors as well as counterfeit detection, scanner, pull boxes, alarming pull boxes, recoilers, retail anti-theft devices, receipt fraud, money scales for quick counting of cash drawers and more...

Crypto CEO dies with the password to unlock $200+ million of customers' Bitcoin
Digital-asset exchange Quadriga CX has a $200 million problem with no obvious solution -- just the latest cautionary tale in the unregulated world of cryptocurrencies.

The online startup can't retrieve about C$190 million ($145 million) in Bitcoin, Litecoin, Ether and other digital tokens held for its customers, according to court documents filed Jan. 31 in Halifax, Nova Scotia. Nor can Vancouver-based Quadriga CX pay the C$70 million in cash they're owed.

Access to Quadriga CX's digital "wallets" -- an application that stores the keys to send and receive cryptocurrencies -- appears to have been lost with the passing of Quadriga CX Chief Executive Officer Gerald Cotten, who died Dec. 9 in India from complications of Crohn's disease. He was 30.

Cotten was always conscious about security -- the laptop, email addresses and messaging system he used to run the 5-year-old business were encrypted, according to an affidavit from his widow, Jennifer Robertson. He took sole responsibility for the handling of funds and coins and the banking and accounting side of the business and, to avoid being hacked, moved the "majority" of digital coins into cold storage. bloomberg.com

Huddle House fast food chain announces breach of POS system
Huddle House says POS vendor got hacked and hackers used a vendor tool to deploy malware on restaurants' POS systems.

US-based casual dining and fast food restaurant chain Huddle House announced late Friday last week a security breach that impacted its point of sale (POS) system.

"Criminals compromised a third-party point of sale (POS) vendor's data system and utilized the vendor's assistance tools to gain remote access-and the ability to deploy malware-to some Huddle House corporate and franchisee POS systems," Huddle House said in a security alert listed on its front page.

The restaurant chain says it found out about the infection after receiving notifications from a law enforcement agency and a credit card processor. Huddle House notified users right away. An investigation is still ongoing, with the help of third-party forensic experts and federal law enforcement. zdnet.com

Exposed Consumer Data Skyrocketed 126% in 2018
Business Sector Hit With Most Breaches, But Least Data Compromised
According to a new report from the Identity Theft Resource Center, there were 1,244 breaches reported in 2018, marking a 23% drop from the year prior. But the reported number of consumer records containing personally identifiable information (PII) significantly increased from 197.6 million to 446.5 million - a 126% jump. ITRC notes the actual total number of records exposed is likely higher, given that only half of reported breaches disclose the number.

Sensitive PII wasn't the only type of data tracked for this year's report. The number of non-sensitive records (email addresses, passwords, usernames) exposed in data breaches amounted to an additional 1.68 billion compromised records exposed in only 37 of 1,244 incidents.

The lowest rate of exposure was in the business sector, which was hit with the most data breaches (571) but had the smallest amount of data compromised in each. Healthcare had the second-highest number of breaches (363) but had the highest rate of exposure at 9.92 million records total. darkreading.com

Deep Dive: MIT Technology Review
This is how AI bias really happens-and why it's so hard to fix
Bias can creep in at many stages of the deep-learning process, and the standard practices in computer science aren't designed to detect it.

Over the past few months, we've documented how the vast majority of AI's applications today are based on the category of algorithms known as deep learning, and how deep-learning algorithms find patterns in data. We've also covered how these technologies affect people's lives: how they can perpetuate injustice in hiring, retail, and security and may already be doing so in the criminal legal system.

But it's not enough just to know that this bias exists. If we want to be able to fix it, we need to understand the mechanics of how it arises in the first place.

How AI bias happens
Why AI bias is hard to fix
Where we go from here technologyreview.com

Proposed NYC biometric data privacy law could lead to deluge of lawsuits

Inside the Battle: How Reducing Theft Penalties
Impacts Community Safety

California's Prop 47 & Raising Felony Thresholds

The negative consequences of California's Prop 47 and the raising of felony thresholds across the U.S. have been unmistakable for retailers. Nearly all are experiencing a rise in shoplifting - some by as much as 15%. With more states evaluating similar measures, what's a company's defense?

Kathleen Smith, VP of Asset Protection, Albertsons-Safeway, and Anne Marie Schubert, District Attorney, Sacramento County, discuss how these laws have impacted employee safety and violence in stores, and what retail LP investigators and executives can do to make shoplifting and ORC cases easier to prosecute.

Episode Sponsored By:

Karl Langhorst - ALTO Alliance - Quick Take 8

Karl Langhorst, Executive Vice President, ALTO US, talks with Joe LaRocca about increased felony thresholds, repeat shoplifting offenders, and how ALTO Alliance's three-pronged approach - based on intelligent prosecution, deterrent marketing, and comprehensive analytics - can help break the recidivist cycle.

Facebook, Friendly Fraud And Friction
What enabled Amazon to outstrip its competition in its early years? While there were many reasons, the ecommerce firm's ultra-easy ordering process was a key contributor. From the start, founder Jeff Bezos was obsessed with "frictionless shopping." This led to the firm's patented one-click ordering process.

From an ecommerce standpoint, reducing friction is one of the easiest ways to boost sales. But, there may be times when a little friction could offer a benefit to users and customers. Facebook's early process for in-game purchases is one such example.

An investigative report by Nathan Halverson in Reveal, a publication of The Center for Investigative Reporting, shows the social media giant allowed something akin to one-click ordering in games like Angry Birds and Petville despite being aware that some of these purchases were made by minors without their parents' knowledge. The report examined documents dated from 2010 to 2014, neatly bracketing Facebook's 2012 initial public offering.

Friendly Fraud. Facebook called this "friendly fraud." The report shows that not only did the firm know that minors were spending thousands of dollars, often unknowingly, but the firm then fought parental attempts to get refunds.

The route to spending real money in these games made Amazon's one-click process look sluggish. The ecommerce firm, at least, showed you a confirmation screen clarifying what you bought, what it cost, and when it would be delivered. Minors racked up hundreds and even thousands of dollars in charges before parents discovered the charges.

Friction Fix. Facebook engineers quickly devised a solution that would reduce the extraordinarily high chargeback rates on in-app purchases. They would turn the effortless purchasing process into something a bit more difficult by asking for the first few numbers of the credit card to be entered. Not only would this make it crystal clear that money was being spent, it would require access to the credit card number. forbes.com

Amazon added first-ever warning about counterfeit products to its earnings report
Amazon is warning investors of one of the biggest problems facing its online marketplace: counterfeit products.

Under the "risk factors" section of its annual report, Amazon added a new line addressing counterfeit problems on its marketplace.

"We also may be unable to prevent sellers in our stores or through other stores from selling unlawful, counterfeit, pirated, or stolen goods, selling goods in an unlawful or unethical manner, violating the proprietary rights of others, or otherwise violating our policies," the filing said.

The disclosure reflects Amazon's increased concern over the counterfeit problem on its marketplace, as the words "counterfeit" and "pirated" were never mentioned in its annual filing before. While Amazon publicly says it has a "zero tolerance" policy for counterfeit products and has built new technology to deal with the problem, its marketplace that allows third-party merchants sell goods continues to be plagued by knockoffs. cnbc.com

Australia: NSW Men Arrested Over $2M Electronic Goods Theft
Police have charged three men over the theft of $2 million worth of electronic goods, stolen from break-ins affecting JB Hi-Fi, The Good Guys, Harvey Norman and more. On Monday, detectives from the Robbery and Serious Crime Squad's Strike Force Buttre and Mt Druitt and Fairfield City police raided homes within Wetherill Park, Rooty Hill and Mt Druitt. Police have seized allegedly stolen items worth over $500,000 encompassing; mobile phones, tablets, TVs, cameras, headphones, power tools and more. The arrest follows an ongoing investigation into the theft of over $2 million worth of electronic goods affecting Sydney and Central Coast retail stores and commercial properties. channelnews.com.au
 

Jasper, IN: Employee suspected of stealing $100k worth of electronics According to Jasper Police, Chris Farley, 36-years-old, is suspected of stealing thousands of dollars worth of merchandise from Kimball Electronics over the course of six months. 14news.com

Houston, TX: 2 men cut holes through walls to steal at least 50 iPhones at Verizon
Houston police said two men cut their way into a Verizon store to steal dozens of iPhones. It happened at the store off the North Freeway and East Crosstimbers around midnight. Police said they cut holes through the drywall of a neighboring vacant business to get into the Verizon store and stole at least 50 iPhones. abc13.com
 

Hamden, CT: Police Attempt to ID Man, Woman Accused of Stealing from Multiple Home Depot Stores The Home Depot Loss Prevention Division said the pair are responsible for numerous thefts at their stores in Connecticut and Massachusetts. nbcconnecticut.com

Cody, WY: Former Walmart employee gets probation for $1,000 electronics theft

Vero Beach, FL: 5-time convicted shoplifter steals again at Dillard's

Gwinnett County, GA: Shoplifters take $2,800 in Tommy Hilfiger coats from Sugarloaf Mall
 

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