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How Does Risk Influence Buying Decisions For Security?
Risk is a core concept in the practice of physical security. However, the risk
is not always assessed effectively. Ideally, an organization's appetite for risk
guides its security strategy and action planning to the minutest detail,
including buying decisions for security equipment and systems. We asked this
week's Expert Panel Roundtable: How does the concept of risk influence
buying decisions in the security market?
Sean Foley - SVP, Customer Success,
Interface Systems LLC
In
the QSR (Quick Serve Restaurant) space we have seen an uptick in physical safety
risks to employees and customers from harassment and violence. In certain urban
environments, the risk becomes a wholesale inability to run the business. Major
QSR brands can be located just steps away from mini-tent cities where drug use,
violence, and general desperation bring panhandling, outbursts in dining rooms,
and provocation in the drive-thru. Instead of focusing solely on the business,
employees must police the premises. It's not uncommon to see high turnover and
employees refusing to show up to work. Some businesses have resorted to security
guards, but costs can be prohibitive, and the service is not always reliable.
Many QSRs are turning to virtual guard interactive remote video monitoring
solutions. This can include tours to clear areas of vagrants, escorting
employees to and from vehicles, and responding instantly to issues without
waiting on police at a fraction of the cost.
Larry Newman - Senior Director of Sales - Americas,
Axis Communications
In
considering the risks of a big purchasing decision, it is important to determine
the Total Cost of Ownership (TCO) of the investment. Strategic buyers who adopt
a TCO mindset understand the importance of looking closely at the long-term
commitment and costs associated with procuring, deploying, and operating a
system throughout its lifetime versus only focusing on the upfront investment
price. In taking the time to evaluate TCO, buyers are better positioned to make
informed decisions when comparing and ultimately purchasing systems. TCO takes
into account many factors, including risk management considerations, the
probability of various scenarios, and potential negative impacts. It also allows
buyers the opportunity to understand a manufacturer's level of expertise and how
they will operate as a strategic partner to aid in overall success. This upfront
due diligence uncovers and mitigates the cost of unforeseen risks so strategic
buyers can feel confident in their purchasing decisions.
Summer 2023 Weekend Shooting Analysis
America's Crime & Violence Surge Continues
502
Shootings - 130 Killed - 525 Injured in 15 Big Cities Over Last 4 Weekends
That's a 15% increase in shootings compared to last
year, though deaths have fallen by 16%
The D&D Daily's Big City Weekend Violence Study - Memorial Day to Labor Day
The Daily's annual study analyzes weekend
shooting data in 15 major U.S. cities from Memorial Day Weekend through Labor
Day Weekend 2023
Starting
Memorial Day Weekend, the D&D Daily compiled and analyzed
data from 15 major U.S. cities to get a snapshot of summer gun violence.
Over this past weekend, from June 16th
through June 18th, there were 113
shootings recorded in these 15 big cities, resulting in
28 deaths and
130 injuries.
In total, over the past four weekends, these cities have recorded 502
shootings, resulting in 130 deaths and 525 injuries.
Compared to last summer at this time in the study,
total shootings in these cities are up 15%, deaths are down 16%,
and injuries are up 14%.
The D&D Daily will continue to track this data throughout the summer to capture
the weekend violence trend in our nation's big cities as warm weather typically
brings about more crime and violence.
Click here to see the list of incidents per city and follow along each week
as this spreadsheet will be updated every Monday.
docs.google.com
Read more coverage about America's crime and
violence surge in the section directly below
The U.S. Crime Surge
The Retail Impact
Another Violent Weekend in America
There have been 307 mass shootings so far in 2023
Mass shootings and violence leave dead and injured across the US this weekend
Fatal shootings broke out in Illinois,
Missouri and Washington in a night of gun violence that injured more than 30
people.
Mass
shootings and violence killed and wounded people across the United States this
weekend, including at least 60 shot in the Chicago area alone. Four people
were found shot to death in a
small Idaho town, a Pennsylvania state trooper was
killed in an ambush, and bullets struck 11 teenagers, killing one, at a
party in Missouri.
The shootings happened in cities and rural areas alike, following a surge
in homicides and
other violence over the past several years that accelerated during the
coronavirus pandemic. Officers responded to mass shootings in Washington
state, Philadelphia, San Francisco, Southern California, Milwaukee and
Baltimore.
"There's no question there's been a spike in violence," said Daniel Nagin,
a professor of public policy and statistics at Carnegie Mellon University. "Some
of these cases seem to be just disputes, often among adolescents, and those
disputes are played out with firearms, not with fists."
Researchers disagree over the cause. Theories include the possibility that
violence is driven by the prevalence of guns in America,
or by less aggressive police tactics or a decline in prosecutions for
misdemeanor weapon offenses, Nagin said.
There have been 307 mass shootings in the U.S. in 2023,
according to the
Gun Violence Archive, a nonprofit project that tracks incidents. It defines
a mass shooting as a single incident in which at least four people - other than
the shooter - are shot.
washingtonpost.com
nbcnews.com
More
Coverage of America's Bloody Weekend
•
Shootings on Juneteenth weekend leave at least 12 dead, more than 100 injured
•
At least 11 killed, 63 others wounded over long weekend in Chicago
•
3 mass shootings reported in Chicago area over a single weekend
NYC Retailers Say Facial Recognition is Helping Combat Shoplifting Epidemic
But the City Council is now proposing a ban on the
software
Grocers cry foul as NYC weighs ban on face-ID tech that stops shoplifters
One store owner says facial recognition
technology saves him at least $150 per week per store
Big Apple grocers who have been using facial-recognition technology to battle a
citywide shoplifting epidemic are fuming over a City Council proposal
that would ban the software - just as shopkeepers
say it is beginning to prove effective.
The
proposed bill - which follows the city's feud with Madison Square Garden owner
James Dolan, who has used the tech to bar his legal enemies from events at his
sports and entertainment venues - would
require private businesses and residential buildings to obtain customers'
written consent before their biometric information is captured.
Such a rule would make it practically impossible for
supermarkets to use the technology to combat theft - even as Dolan
has grabbed headlines for using it at Radio City Music Hall, where he
barred one lawyer from attending the Rockettes' Christmas Spectacular with
her daughter's Girl Scout Troop.
"I hope this doesn't advance because I think it penalizes small businesses,"
said Councilman Robert Holden (D-Queens), who attended the hearing as a member
of the technology committee.
The security industry maintains that facial recognition
technology has improved so much that concerns about racial profiling are
outdated. Jake Parker, director of government relations for the
Security Industry Association said, "... Today's
software is very accurate, high-performing and uses artificial intelligence."
Earlier this year, a group of independent grocers
formed a political coalition to demand that legislators and law enforcement
clamp down on shoplifters, whose heists have multiplied since the
pandemic.
Scores of businesses, including
Fairway and Westside Market, have invested in facial-recognition technology.
Between 30% and 40% of all independent groceries are
using some version of the software, according to Jay Peltz, senior
vice president of government relations for the Food Industry Alliance of New
York.
The
stores are building databases of thieves who have stolen from them at least
once, identifying them initially on surveillance cameras. Images are then
plugged into the facial-recognition software, which becomes more effective over
time.
"We are losing a lot of staff because they are literally afraid to work in the
store," Garcia said. "It's insane that [the city] want to take this [technology]
out of my stores when it's cutting down on such confrontations."
Success stories like Garcia's convinced Morton Williams' owner to shop for
facial recognition software to install in his 16 stores in the city.
nypost.com
RELATED: Stores Protest NYC's Proposed Restrictions
on Facial-Recognition Software
Rampant Theft is Turning San Francisco Into
'Ghost Town'
Abandoned stores, streets overtaken by the homeless and drug-addled, theft so
rampant that candy is locked away
San Francisco tourism is down by 16% from
pre-pandemic levels, workers have abandoned their offices to work from home and
stores are empty
Today,
San Francisco's once bustling Union Square and downtown area is a shadow of
its former self: rows of empty stores, sparse crowds even on peak weekend
shopping days and nearby hotels - including a huge Hilton - unable to cover
their mortgage payments.
The historic Flood Building stands largely empty: Gap has gone along with
nearly every other business in the property with the exception of a tired branch
of Dr. Martens and an Urban Outfitters store offering 70 per cent discounts.
On the other side of Market Street is the soon-to-be sold Westfield San
Francisco Center - its doorways reeking of urine and every store staffed
by hulking security guards. Westfield announced its planned departure
on Monday and several occupants of the mall have already said they'll follow.
Days later AT&T announced its iconic flagship store around the corner at
1 Powell Street, one of the largest in the country, was to permanently close.
The local branch of Walgreens is boarded up, although still open, and was
recently the scene of a fatal confrontation between a homeless trans woman
and a security guard.
Ross Dress For Less and Saks Off 5th are operating a one-in, one-out system
to deter thieves while Nordstrom Rack is closing down altogether in
September - along with its sister Nordstrom and scores of other stores such as
T-Mobile and Payless Shoes.
An analysis of official figures and other research reveals
San Francisco may lose hundreds of millions of dollars through an exodus of
businesses and its failure to recover from Covid.
dailymail.co.uk
RELATED: Crime so out of control in San Francisco,
stores are locking up candy
Former Williams Sonoma VP Real Estate - $20M
in Kickbacks & Rebates to His Shell Company
New Jersey man admits to role in $12M scheme defrauding Williams-Sonoma
Defendant Admits to Paying Over $12 Million
in Kickbacks to Obtain Warehouse Logistics Business
SAN
FRANCISCO - Michael Podhurst, 62, of Monroe Township, pleaded guilty June 13 in
San Francisco federal court to charges related to his involvement in a
multimillion-dollar fraudulent kickback scheme that defrauded Williams-Sonoma
Inc. (WSI), the parent company of brands such as Williams Sonoma, Pottery
Barn and West Elm.
In the plea agreement, he admitted paying kickbacks in exchange for his
co-defendant, Eric Marsiglia, a former executive at WSI,
directing that company's business to three warehouse logistics companies where
Podhurst held executive positions and ownership interest.
Marsiglia was WSI's Vice President of Engineering,
Projects, Planning, Facilities, and Real Estate, and, as such, was
responsible for identifying commercial real estate opportunities for the company.
In his position, Marsiglia allegedly orchestrated the negotiation of real estate
contracts on behalf of WSI that required third parties to pay millions of
dollars in brokerage fee rebates to WSI. According to the indictment,
rather than ensure that WSI received the brokerage fee rebates, Marsiglia
instead created a shell company and then conspired with others to have the
rebates paid to his company. In addition, as part of this scheme, Marsiglia
allegedly paid a portion of the proceeds of this illegal scheme to his
co-conspirators. Separately, Marsiglia also allegedly received kickback payments
from another co-conspirator in exchange for directing contracts for business to
companies controlled by the co-conspirator.
In total, WSI awarded companies connected to Podhurst more than $48 million in
contracts for work done at warehouses around the country, and Marsiglia and
Podhurst arranged for more than $12 million in
kickbacks to be paid to Marsiglia's company, REM Group.
The indictment alleges that from approximately 2018-2022,
Marsiglia received nearly $20 million through his shell company, REM Group,
all of which was in the form of stolen broker rebate payments or kickbacks
received for awarding business to entities related to Podhurst.
"As alleged in the indictment and admitted to in the plea agreement, between
approximately October 2018 and July 2022, Podhurst worked for three companies
that provided WSI warehouses with forklifts, warehouse racking systems, and
machinery. WSI used these warehouses to store and distribute WSI goods around
the United States," according to prosecutors. "Using his position and
interest within the companies where he worked, Podhurst caused his companies
to pay his co-defendants kickbacks in exchange for his co-defendant causing WSI
to award and sign contracts with and make payments to the companies affiliated
with Podhurst.
"During a four-year period, Podhurst directed the three companies where he
worked to pay more than $12 million in kickbacks to a shell company owned
and controlled by his co-defendant," prosecutors said.
Podhurst faces a maximum of 20 years in prison for each of the wire fraud
conspiracy and money laundering conspiracy counts, as well as a $250,000
fine for the wire fraud conspiracy count and a $500,000 fine for the money
laundering conspiracy count.
Last month, another co-defendant in the scheme,
Kourosh Mirmehdi, pleaded guilty to wire fraud and money laundering
conspiracy charges. Charges against two of Podhurst's co-defendants,
Marsiglia - the alleged ringleader - and Augusto
Alizo, remain pending.
irs.gov
Another Big City Retail Store Crime Closure
Wawa in Philly's Headhouse Square to close
Neighborhood groups had complained to Wawa
about aggressive panhandling, crime, and drug use at the store.
The Headhouse Square Wawa will close July 16, a company official told the
Inquirer. The move comes after neighborhood associations had complained to Wawa
about aggressive panhandling, crime, and drug use at the store and outside on
the sidewalk.
The site will become the sixth Center City Wawa to
shutter since 2020.
Joe Dain, co-founder of the Delancey Square Town Watch, which was formed earlier
this year, said his group and other neighborhood organizations had met with Wawa
officials in April to discuss ongoing concerns at the Headhouse Square Wawa.
By that time, the company, he said, had already taken measures to curb
panhandlers and other public nuisance issues, including curtailing its hours,
hiring private security and working with city police to provide patrols.
Wawa notified the group that it would be instead closing the location, he said.
The closure will be only the latest vacancy to hit the historic cobblestone
district. A CVS across the street from the Wawa
also closed its doors in recent years. The drug store had been battling many of
the same concerns.
In October, when Wawa announced it was
closing stores at 12th and Market Streets and 19th and Market Street, the
company cited "continued safety and security closures. At that time, the
total number of reported thefts doubled in the previous two years. Wawas at
13th and Chestnut, Ninth and South, and Broad and Walnut have also closed in
recent years. And more Center City branches have been scuttling 24-hour service.
"We would have groups of kids coming in and ransacking the place at night,"
he said. Some of the panhandlers that often congregated outside the store had
become aggressive, he said. The store had also become a gathering spot for
people in addiction, he said, who would then camp in the historic Shambles
structure or by the Headhouse Square Fountain.
inquirer.com
Downtown Chicago Mag Mile Losing Retailers
AT&T closing store on Michigan Avenue, latest in retail exodus
AT&T is the latest in a line of stores to pull out of Chicago's Magnificent
Mile.
Other stores like Gap, Banana Republic and Verizon Wireless have already left
the stretch.
The Mag Mile Association said about 25% of its store lots are vacant right now,
similar to the 28% of vacant storefronts in the Loop.
abc7chicago.com
Memphis Smash-and Grabs Doubled in 2022
DA explains new approach to handling smash-and-grab thefts
Smash-and-grabs have become a real concern in Memphis. Business owners
have continued to plead for an end as the crime continues to make headlines.
"What we've been doing for the past 10 years, hasn't been working," Shelby
County District Attorney Steve Mulroy said. "We noticed a pattern. It's
happening a lot and a lot of businesses are reaching out to us and
explaining that you know the dollar amounts involved are really high."
He said they are now trying something new. All smash-and-grab cases will be
funneled through the same prosecutor.
"That prosecutor will be looking for patterns for repeat offenders,"
Mulroy said. They'll also be working with MPD's task force and other
agencies.
Shelby County Sheriff's Officer says they've responded to twice as many
smash-and-grabs last year compared to 2021.
msn.com
Another Retailer Facing Bomb Threats
Kroger Releases Statement After 7th Cincinnati-Area Bomb Threat in One Week
Another Kroger location, this one near University of Cincinnati's campus,
received a bomb threat around 4 p.m. on June 14.
The mega-grocer, which is headquartered in Cincinnati, received bomb threats at
six stores around Cincinnati and northern Kentucky on June 10 and 11, prompting
evacuations of customers and employees:
•
Oakley
•
Newport
•
Bellevue
•
Erlanger
•
Cold Spring
•
North College Hill
The threats were all determined to be false alarms. Kroger said it's working
with the FBI to investigate similar threats at Kroger stores in other parts of
the country, including an April threat at a Kroger in West Virginia.
citybeat.com
The Flip Side of Not-Stopping - 'Target is
teaching Youths it's OK to Steal'
Long Beach neighborhood wants Target to stop daily student shoplifting
When the bell to go home rings at
Long Beach
Unified's Stanford Middle School in East Long Beach's Los Altos Village
neighborhood, dozens of students from the 1200 strong diverse student body make
a bee line to the nearby North Los Altos Center that is home to the popular East
Long Beach Target .
There they congregate in the snack aisles: candy, chips, cookies, and the cold
drink section. The students often fill the area to hide the thefts.
Neighborhood leaders have witnessed students riding their own scooters or the
store handicap electric carts, throwing store items at each other, running
around, yelling and screaming, and of course stealing. According to the Target
staff it has been going on ever since the store started to ignore the petty
thefts. Students have figured out that the store staff does nothing to stop
them.
When any of the Target staff, including the lower managers and loss prevention
staff, are asked about why they are just watching the thefts they respond that
it is a corporate policy that they ignore the thefts.
Neighborhood leaders witnessed the student thefts being allowed and learned from
the store staff the store is allowing it to continue. Neighborhood leaders
are frustrated that by allowing the ongoing thefts, Target is teaching
the neighborhood youth that stealing is OK.
newsbreak.com
D.C. Violent Crime Spikes 21% in 2023 YTD
Fatal shootings of young people in D.C. are exceeding last year's pace
Police say 11 people younger than 18 have been fatally shot in D.C. this year,
exceeding the pace of 2022. Gunfire in the first half of 2023 has killed
children ages 10, 13, 14, 15, 16 and 17. Homicides overall in the District
are up 16 percent over this time last year, according to the most recent
statistics posted by police on Friday.
Friday, police said 58 people younger than 18 had been hit by gunfire this year,
double from the same period in 2022. Meanwhile, D.C. police staffing is at
its
lowest in a half-century.
Violent crime in the District has spiked 21 percent this year over last,
driven in part by robberies, homicides and sexual abuse cases, police
statistics show. The city's homicide count is on a pace to exceed 200 for the
third consecutive year; before 2021, D.C. hadn't recorded
200 killings since 2003.
washingtonpost.com
Video: Lawmaker Demands Harsher Punishments &
Enforcement To Halt Retail Theft
Video: Rep. Andy Biggs Decries Rise In Organized
Retail Crime
Theft decreases in San Antonio, but nationally it's on the rise
NYC's Retail Crisis: Empty Storefronts Create
'Fractured Cityscape'
Empty storefronts in NYC are becoming part of the landscape, with Harlem's
iconic 125th Street among the hardest hit
Empty windows and "for rent" signs line
125th St. in Harlem, one of the most iconic business corridors in New York City.
The
city's commercial areas are struggling with vacant businesses and shuttered
storefronts - and it's apparent across the city.
Vacant storefronts dot the five boroughs from Midtown and the Upper West Side to
Flushing, Brighton Beach and Staten Island, creating a fractured cityscape.
This is strongly felt in Harlem along 125th St., where, according to the latest
city data, there are more than 70 vacant storefronts on the east and west
ends on the street combined. It's a gut punch to the area, which was seeing
an economic upswing as an emerging retail center in the years before the
pandemic.
But amid a post-pandemic shift in retail, stores in the area are left
scrambling to stay afloat, with little answer as to why - or what the answer
is.
Experts point to different reasons for it: High rent
prices, the continuing growth of online shopping and the lingering effects of a
pandemic that has upended New York's retail landscape.
Shopping and safety
On top of a rocky post-pandemic economy, public safety has deteriorated
across the city and shoppers are more selective about when they will go out.
Mavruk pointed to public safety: "I used to open up 10 o'clock on Tuesday," he
said. "Now I open 11 to five, six hours a day. So that alone tells you how we
feel. It's not safe. It's not safe at all."
COVID and online shopping
COVID gave the retail sector in New York an extra push, but storefront retail
shops actually started to gradually decline around 2014, he said. Then,
lockdown happened. People got used to ordering online, and it hasn't slowed down
much since. "The pandemic just really accelerated some trends that
were already causing New York's retail sector to shrink, particularly
e-commerce," Bowles said.
nydailynews.com
Retail Brick & Mortar is Making a Big Comeback
Brands Wanted to Cut Out Stores. Not Anymore.
Nike and others are selling through
traditional retailers they once shunned
These
companies-and other, more-established brands that followed them-found that
cutting out the middleman was harder than they anticipated.
"Wholesale is profitable from day one," Checketts said, referring to the
practice of selling goods through a third party such as a department store or
mall chain. "E-commerce takes longer. Some digital brands never reach
profitability because they spend so much money on marketing to acquire customers."
The miscalculation was the rising
expense of acquiring customers online, they said. A flood of startups
all buying Facebook ads and other digital marketing initially pushed up costs.
Advertising online got more expensive after privacy changes by tech companies
restricted how people are tracked as they move around the web.
"Beating customers over the head with marketing is far less efficient than
shipping a crate of shoes to Nordstrom," said Tom Nikic, an analyst with
Wedbush Securities. "The cost of acquiring customers has been the big whoops,"
Nikic added. "All these brands kept selling more stuff and losing more money."
One solution was to open physical stores. Everlane, Allbirds and other online
startups raced to build
bricks-and-mortar footprints. But that is expensive too.
Those brands and others have since turned to an even more old-school way of
selling-displaying their wares in department stores and other traditional
retailers-which executives say carries fewer costs and instantly exposes the
brands to thousands of new potential customers.
wsj.com
160 Bills in 34 States Coming
'Tsunami' of state AI regulations coming
There are more than 160 bills and
regulations on AI being considered across the country, a management-side lawyer
said.
On the other side of AI adoption are potential lawsuits and compliance hurdles.
All of the new AI tools coming into play are both "kind of cool and kind of
horrifying," Dobbs Bunting told attendees Tuesday at the Society for Human
Resources Management annual conference in Las Vegas. While there's a lot of
opportunity, there's also a lot of risk.
The
federal government has been steadily releasing guidance on AI on potential
discrimination, including Americans with Disabilities Act violations, among
other things. And states and municipalities are passing laws on how the
technology is used. In legislation that went into effect this year, New York
City now regulates
how companies can use automated employment decision tools, namely by
requiring a bias audit and that candidates and employees are notified
beforehand.
"Everybody's getting in on this," Dobbs Bunting said. "There are currently more
than 160 bills or regulations related to AI that are pending right now in 34
different state legislatures. There is a huge tsunami coming of state
regulation. If you are a multi-state employer, go to God."
hrdive.com
NYC Retail Sector Still Struggling down 45,000 since 2015 (13.2%), & 37.800
(11.1%) Since 2020
Payment Fraud losses to surpass $40B by 2027: report
Walmart, Sam’s Club Aim to Eliminate Threats to Tuna Supply Chain
Quarterly Results
H&M Q2 net sales up 6%
Senior LP & AP Jobs Market
Director, AP & Safety job posted for Guitar Center in Westlake Village, CA
The
Director of Asset Protection oversees and directs all related functions for a
Corporate Office, multi-state distribution centers and large retail store
network. Incumbent will be responsible for enterprise direction and strategy as
it pertains to Asset Protection with a goal of minimizing shrink, reducing loss
and maximizing security and associate safety as well as overall performance of
the Asset Protection function.
careers.guitarcenter.com
Last week's #1 article --
Why Walmart, Costco, and Sam's Club workers check your receipts
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October 2-4 | Dallas, TX
Join us for three days of professional development
and networking at the RH-ISAC Cyber Intelligence Summit, the best cybersecurity
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Massive BEC Scam Targeting Dozens of Companies
Researchers unpack massive email scam targeting dozens of companies
The campaign is the latest case of business
email compromise, which costs victims billions of dollars annually.
When researchers at the cybersecurity firm Sygnia responded earlier this year to
a compromised email account at an unnamed company, they stumbled upon
a sprawling campaign of business email compromise
involving dozens of organizations whose infrastructure the attackers
utilized in going after additional victims.
The hackers would compromise an email account of an employee for a given
company, bypass Microsoft Office 365 authentication, and gain persistent access
to the account. Then, they would use that account to to go after other
targets.
"The phishing mails spread in a worm-like fashion from one targeted company
to others and within each targeted company's employees," researchers with
the Israeli cybersecurity firm said in
a report published Tuesday. "All analyzed emails contain the same structure,
only differing in their title, senders' account and company, and attached link."
Sygnia's investigation revealed that the attack was part of a broad campaign
that potentially impacted dozens of organizations - the company would not
say exactly how many - around the world in a sprawling campaign of business
email compromise, or BEC.
The report comes on the heels of a recent FBI public service announcement
estimating that BEC compromises were linked to more than $50 billion in
actual and attempted losses across more than 275,000 attacks between 2013 and
2022. The FBI reported that between December 2021 and December 2022 there
was a 17% increase in identified actual and attempted losses worldwide, with a
particular focus on the real estate sector.
In all, the investigation revealed more than 170 domains and subdomains
connected to the attacker's infrastructure, with further analysis revealing
nearly 100 malicious files communicating back to the infrastructure, some of
which were related to the
FormBook infostealer malware family, the researchers said.
cyberscoop.com
Companies Push Back on Cyber Incident
Disclosure Rule
SEC delays final rule on cyber incident disclosure as industry pushes back
The Securities and Exchange Commission has
postponed until October a final rule that would
require publicly traded companies to report material cyber breaches and
attacks in regulatory filings.
The rule, initially proposed in March 2022, would require public companies to
submit a filing within four days of determining whether a cyber breach is
material.
As part of that proposal, the SEC also sought additional
disclosures from companies regarding their cyber governance, including
board expertise and upper management involvement in cyber risk.
The SEC also proposed investment companies and advisors adopt written
cybersecurity policies in February 2022.
The proposal stemmed from years of companies delaying or failing to disclose
significant cyber breaches or ransomware attacks.
IT security experts say the delay will increase the
level of risk, because many investors, consumers and companies will
rely on voluntary disclosure of major cyberattacks.
"Without the hammer the SEC regulations can bring, reporting breaches will
continue to be voluntary and historically that doesn't work," Gary Barlet,
field CTO, federal at Illumio, said via email.
cybersecuritydive.com
Microsoft 365 DDoS Attacks
Microsoft confirms DDoS attacks against M365, Azure Portal
The Microsoft 365 and Azure Portal outages users experienced this month
were caused by Layer 7
DDoS attacks, Microsoft has confirmed on Friday.
Throughout the first half June 2023 Microsoft confirmed, at various
times, ongoing issues with its cloud-based services - Microsoft 365 (including
Outlook on the web and OneDrive) and Azure Portal - but did not say at the time
that they were caused by an increase in traffic.
But on Friday, Microsoft said that the attacks were caused by DDoS activity.
A group dubbed Storm-1359 by Microsoft was behind the attacks.
"These attacks likely rely on access to multiple virtual private servers (VPS)
in conjunction with rented cloud infrastructure, open proxies, and DDoS tools,"
Microsoft informed.
Fortunately, there is no evidence to suggest that customer data was accessed
or compromised during these incidents, providing some reassurance to
affected users.
helpnetsecurity.com
AWS Expands Cloud Security Services Portfolio
Amazon Web Services (AWS) this week added a bevy of offerings and capabilities
to its cloud security portfolio as part of an ongoing effort to automate the
management of cloud security.
Announced at the AWS
re:Inforce conference, these extensions to the AWS cloud security portfolio
include an
Amazon Security Lake that is now generally available and a findings summary
capability that has been added to the Amazon GuardDuty threat detection service.
securityboulevard.com
J.B. Hunt Sues Tech Company Over Cybersecurity
Hacked Reddit Data To Be Published Unless API Changes Dropped, Hackers Say |
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How protected are your
network or personal accounts from hackers?
Hackers
can quickly attack vulnerable networks and make big money by selling what they
gain on the dark web. According to a report by cybersecurity firm KELA, some
network access can be sold for as little as $25 to $100,000.
Protect computers from hackers by using firewalls and antivirus software and not
clicking on suspicious links. You can also protect mobile devices by being
mindful of the Wi-Fi networks you connect to and using security apps for
monitoring and protection. |
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Senate Democrats pressure PayPal, Venmo, Cash App over fraud protections
•
Four top Democratic senators requested detailed fraud prevention measures
from PayPal and Cash App.
•
Each company revealed in annual reports that current strategies are not
effective enough to prevent fraud, the lawmakers noted.
•
Peer-to-peer payment platforms are ripe for fraudulent behavior, say the
lawmakers.
PayPal, meanwhile, said in its
annual report that it expects users to continue to attempt laundering money,
sanctions evasions and other illegal activities on Venmo, and that its current
fraud reduction measures "may not be effective in detecting and preventing
fraud, particularly new and continually evolving forms of fraud or in connection
with new or expanded product offerings."
Block also said it may not be able to "prevent or mitigate" identified or
possible risks under its risk management procedures in its annual report.
Lawmakers cited a January Consumer Reports
survey that found 9% of weekly P2P users had been the victim of a scam and
12% accidentally sent money to the wrong recipient.
cnbc.com
61% Increase in Garments Marked "New with
Tags" on Second Hand Website
More Online Clothing Sales Come With a Catch: No Returns
Early in the pandemic, online shopping and easy returns proliferated as millions
hunkered down. Then, in 2022, clothing retailers started selling some more
nonreturnable items, when the decline of pandemic-related "revenge
shopping" coincided with an
influx in inventory.
Nonrefundable items are now popping up in even more places. Secondhand website
Poshmark reports a 61% rise in garments marked "new with tags" and feature
the words "final sale" in the description since 2022. When a retailer
includes the words "final sale," the company means that even if the item
doesn't fit, you can't send it back.
Clearance racks have always included nonreturnable merchandise. But more of
today's final sales offer clothing items from the current season.
And while retail giants such as Amazon seem - so far - secure in charging some
sort of fee for returns, other companies are exploring alternatives. For
example, returns technology provider Optoro announced in March that Gap would
begin using its portal to offer more intuitive returns experience that
includes instant exchanges and label-free, box-free drop-off locations.
It's not just online retailers
changing their returns policies. As reported here last month,
brick-and-mortar retailers such as J.C. Penney, Footlocker and J. Crew all
charge consumers for returns by mail.
wsj.com
pymnts.com
Here's the Median Salary At Big Tech Companies Like Amazon and Google
Why Amazon built a second headquarters and how the pandemic reshaped HQ2 |
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Another PD Activates ORC Unit
Las Vegas police taking proactive approach to retail crime
The Las Vegas Metropolitan Police Department (LVMPD)
reactivated its organized retail crime section around last month.
It's something the department had a few years back but went away during COVID
as crime fell and resources were needed elsewhere. Now with national
attention on retail theft, detectives are going all in.
"We have groups that will go in, in an organized fashion that will bring tools
in to defeat security devices," LVMPD Sgt. Patrick Flynn. Flynn is part of the
department's organized retail crime section, who says while Las Vegas hasn't
seen nearly the same level of brazen theft, it does happen.
One thing about organized retail crimes the statute dictates, the loss can be a
cumulative amount. For instance, if someone steals $100 worth of wipes, it's a
misdemeanor. But when police can prove that same person has hit 25 times, now
it's a felony.
"We are arresting, we are prosecuting these crimes," said LVMPD Lt.
Travis Cunningham. "What we're afraid of is businesses, like we've seen in other
jurisdictions, will be taken for everything they have, shelves will be wiped out
and businesses will be forced to close."
Congress is getting involved in this issue after passing the Inform Consumers
Act last year. It requires online marketplaces to verify the identities of
high-volume 3rd party sellers.
news3lv.com
$40K Return Abuse - 27 Fraudulent Transactions
FDLE arrests Orlando man for defrauding major online retailer
ORLANDO, Fla. – Following a Florida Department of Law Enforcement (FDLE)
investigation, Wail Chouder, 33, of Orlando, was arrested on charges of
organized scheme to defraud $20,000 or more but less than $50,000.
The investigation began in May of 2022 when the Office of Statewide Prosecution
contacted the FDLE Gainesville Field Office with a criminal complaint from a
major online retailer. The retailer identified a customer that was engaged in
fraud involving merchandise theft through a systematic pattern of return abuse.
The total loss to the business was $40,395.56 for 27 fraudulent returns between
May of 2019 and May of 2022.
The investigation revealed that Chouder’s scheme was to purchase high-value
products, including electronics, sporting goods, and luxury eyewear, and after
receiving the merchandise he requested returns, and then sent back lesser-value
substitute products in place of the original merchandise.
Attorney General Ashley Moody said, “Organized retail theft preys on
businesses and harms our consumers. This lawlessness will not be tolerated in
Florida, and thanks to FDLE and my Statewide Prosecutors, a thief stealing
more than $40,000 is arrested and his fraudulent return scheme is out of
business.”
einnews.com
Sandy,
UT: Women arrested in organized retail theft crime ring suspected of being from
out of country
Two more people were taken off the streets that police say are part of an
organized retail crime theft ring plaguing the Salt Lake Valley. Special Agent
Steve Jensen of the Crimes Against State Economics Task Force said the suspects
hit five stores across three counties. "It's a persistent problem for us which
is this organized retail theft right now and that's what this particular
organization is doing and there's a profit for it," said Jensen. Jensen said one
woman had ID showing she's from Romania and the other from California, but both
are being questioned by ICE. The task force provided pictures of the women
accused of walking out with a cart filled with thousands of dollars of circuit
breakers from a Sandy Home Depot at 11400 and State Street.
kjzz.com
Milpitas,
CA: Police make arrests at Milpitas Great Mall theft
Detectives from our Criminal Investigations Bureau partnered with detectives
from the California Highway Patrol Organized Retail Crime Task Force (ORCTF) to
conduct an operation at the Great Mall. Detectives coordinated with various
retailers at the Great Mall to identify suspects and prevent the loss of
merchandise. Eleven suspects were arrested for various crimes including
shoplifting, grand theft, and outstanding felony warrants. Detectives recovered
125 stolen items valued at over $3,200. The Milpitas Police Department is
committed to working with partner agencies and local retailers to proactively
address retail theft.
facebook.com
Memphis, TN: Three Suspects steal $1000 worth of kid clothes from Wolfchase
San Antonio, TX: Police searching for suspect who robbed Marshall's store
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Shootings & Deaths
Federal Way, WA: Suspect in custody after deadly triple shooting in Federal Way
kills 2, critically injures 1
Two
men are dead, one is critically injured, and another is in custody after a
deadly triple shooting at a grocery store in Federal Way. Officers went to the
Twin Lakes Safeway at 2109 SW 336th Street after receiving reports of a shooting
on Friday evening around 11:25 p.m. Three Pacific Islander men in their 20s were
found shot when police arrived. Police say two men were dead in a parked car
while the third man was nearby. The third man was critically injured and taken
to Harborview Medical Center to be treated. Preliminary investigations revealed
that "another vehicle pulled up to the victim's car in the parking lot, some
sort of argument may have ensued, and then someone from the suspect's vehicle
shot into the victim's vehicle," according to the Federal Way Police Department.
komonews.com
Fairfield, AL: 16-year-old boy killed in hail of gunfire by 3 masked suspects
outside Western Hills Mall
The teen killed in an ambush in the Western Hills Mall parking lot Friday
afternoon was 16, authorities announced Saturday. The victim's name has not been
released, but the Jefferson County Sheriff's Office said he was shot by three
masked suspects. He is the third teen killed in Fairfield in three weeks. Though
the first two teen deaths - which happened over Memorial Day weekend were linked
- authorities said there is no indication Friday's killing was connected in any
way. The gunfire erupted just before 3:30 p.m. Witnesses said the 16-year-old
boy had just left the barbershop inside the mall and was walking through the
parking lot when he was approached by the three masked suspects. It wasn't
immediately clear how many shots were fired, but investigators put down more
than 70 evidence markers. Witnesses reported hearing what they believed to
be automatic gunfire. Sheriff's Lt. Joni Money said the young victim was shot
multiple times. He was pronounced dead on the scene.
al.com
New York, NY: 4 dead, 2 critically injured in NYC e-bike store fire
Four
people were killed and two others left clinging to life when a massive fire
ripped through a Lower Manhattan e-bike store early Tuesday, officials said. Two
men and two women died in the blaze that erupted around 12:15 a.m. on the first
floor of six-story 80 Madison Street, which houses the HQ E-Bike Repair,
authorities said. Two other women are listed in critical condition, according to
police. The FDNY reported a total of nine victims in the early-morning inferno,
including one firefighter and one EMT, both with minor injuries, cops said.
Those injured were taken to Bellevue Hospital, Weill Cornell Medical Center, and
NewYork-Presbyterian facilities, according to the FDNY.
nypost.com
Harris County, TX: Security guard shot to death in attempted robbery at game
room
A security guard was shot and killed outside of a game room in northwest Harris
County, deputies said. The deadly shooting happened just after midnight in the
5000 block of FM 1960 near Wunderlich. Deputies said a man walked inside the
business and tried to rob it. The security guard confronted him, and it
escalated into a struggle before being shot multiple times. The suspect got away
in a dark-colored car. Deputies believe a second person was waiting in the car.
kake.com
Los Angeles, CA: 2 die in shooting following dispute outside smoke shop
Two people are dead and a third is undergoing surgery in a hospital following a
shooting in the parking lot of a strip mall in Valley Glen Monday night. The
incident occurred around 10 p.m.at the intersection of Victory Boulevard and
Coldwater Canyon Avenue. The LAPD said the gunfire erupted following a dispute
at the smoke shop at the location. One person, a man in his 50s, died at the
scene, and another died at the hospital. A third gunshot victim is undergoing
surgery and their condition is unknown.
abc7.com
Battle Creek, MI: 18-year-old shot dead in Burger King parking lot; suspect in
custody
An 18-year-old Battle Creek man is dead and another man is in jail following a
shooting in the parking lot of a Battle Creek Burger King Saturday night.
Officers responded to the shooting in the 2100 block of West Columbia Avenue
after receiving multiple calls at about 11 p.m. Saturday, according to a
release. Witnesses provided a description of the suspect, who left the parking
lot on foot. The victim died from his injuries at the scene of the shooting.
When officers arrived in the area, they used a police K-9 to track the suspect.
news.yahoo.com
Lubbock, TX: Police say shoplifter was struck by truck, died while fleeing
Walmart
Police say a man was killed when he was struck by a vehicle as he fled
authorities after shoplifting Friday evening at a north Lubbock Walmart.
According to police, officers responded to Mac Davis Lane and Avenue Q at 9:07
p.m. where they found 36-year-old Luis Barrera who was struck by a car. Barrera
was pronounced dead on the scene. Investigators believe Barrera fled from a
Lubbock County Sheriff's Office deputy after shoplifting from Walmart. He was
fleeing east on Avenue Q when he was struck by a truck traveling from the north.
No other injuries were reported. According to LPD, no arrests have been made and
the investigation is ongoing.
yahoo.com
Cleveland, OH: Mother arrested after 3-year-old boy's death ruled homicide
A woman is under arrest after the death of her 3-year-old son was ruled to be a
homicide, Cleveland police confirmed Monday afternoon. Officials say the
incident occurred last Wednesday in the area of the Family Dollar store on the
edge of the Hough neighborhood, where the child was found "unresponsive." He was
rushed to University Hospitals Cleveland Medical Center just down the street,
but was later pronounced dead. While the Cuyahoga County Medical Examiner has
not yet released an official cause of death, authorities say the case has been
ruled to be a homicide, and the boy's mother was taken into custody this past
weekend. Police have not given her name, nor have they indicated the exact
charges she is facing.
wkyc.com
Ashtabula, OH: Update: Man charged with deadly shooting at auto parts store
found incompetent to stand trial
A
54-year-old Ashtabula man charged with three felony charges for allegedly
shooting a man and woman at the O'Reilly Auto Parts store in May, has now been
found incompetent to stand trial at this time. David Montalban is charged with
aggravated murder, murder and attempted murder. When officers arrived, they said
Montalban was still holding the semi-automatic handgun. Officers said he dropped
the weapon when ordered and surrendered. According to Chief Stell, the female
victim, Rihana Gilbert, 46, was pronounced dead at the scene. The male victim,
Timothy Campbell, 33, was carrying a small child as he ran from the shooter. The
shooter chased him to the rear of the store, where he was shot, said Chief Stell.
Campbell managed to flee the store and was located several blocks away. He was
transported to the Ashtabula County Medical Center and then taken by medical
helicopter to an undisclosed hospital. Chief Stell said Campbell suffered
serious injuries, but the child was not injured. According to Chief Stell, there
is no motive and the victims did not know each other or Montalban.
cleveland19.com
Robberies,
Incidents & Thefts
Crofton, MD: Witness assaulted while video taping Dollar General shoplifters
Police are in search of two masked suspects accused of assaulting and robbing a
witness who recorded them shoplifting from a Crofton Dollar General. It happened
Sunday around noon at the store on Defense Highway. Anne Arundel County Police
said the suspects were on their way out when the store's anti-theft alarm
sounded. One suspect allegedly tried pepper spraying a worker who began to
follow. A witness saw what was happening and pulled out their phone to tape it.
That's when the suspect pushed them down and stole the phone before taking off
in a white Mitsubishi SUV.
wmar2news.com
Westminster, CO: Circle K clerk who worked at store 18 years fired after
shoplifter who stole pack of cigarettes sues company
A
Colorado Circle K employee is suing the company after she was fired for putting
her hands on an armed thief that snatch a pack of cigarettes from behind the
counter. Mary Ann Moreno, 75, claims in her lawsuit against Circle K Stores,
Inc. that she was wrongfully terminated from the Westminster store she had
worked at for 18 years for her brief interaction with the criminal. "I really
did not think I would get fired for something like that. [Maybe] If I had chased
him out the door or, you know, argued with him," she told KDVR. On Oct. 4, 2020,
Moreno was behind the counter when Tyler Wimmer walked into the convenience
store with a knife in one hand and a sealed package in the other that also
contained a knife. It's not clear in surveillance footage obtained by KDVR
whether or not he ever threatened Moreno with the knife, but Willmer did ask if
she would give him a pack of cigarettes for free.
kdvr.com
Lee
County, FL: Woman Rages At A Family Dollar Store In Florida When Employees
Refused To Give Her A Refund Without A Receipt
A woman rages inside a Family Dollar store in Florida after employees refused to
accept her return for an item without providing a receipt, as captured in a
surveillance video from the store. According to Lee County Sheriff's Office,
LaJada Michelle Hill, a 34-year-old woman, was taken into custody last Friday
and was charged with robbery without a weapon. The surveillance video shows Hill
lunging toward the computer screen of the store's counter as it occurred to her
that she will never have her money back. Afterward, Hill steps out of the store
but eventually came back, raging towards the counter once again.
checkersaga.com
4 pharmacies robbed in Fairfax County since March
Man arrested for series of ATM heists across Southern California
Oneida, TN: Former Employee stole $14,000 of fuel from Distribution company
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Beauty - Los Angeles,
CA - Burglary
•
Best Buy - New York,
NY - Armed Robbery
•
C-Store - Des Moines,
IA - Burglary
•
C-Store - Wilmington,
DE - Robbery
•
C-Store - Calexico, CA
- Armed Robbery
•
C-Store - Wichita, KS
- Armed Robbery
•
C-Store - Huntington
Beach, CA - Robbery
•
C-Store - Colorado
Springs, CO - Robbery
•
C-Store - Dallas, TX -
Armed Robbery / Clerk killed
•
Cellphone - Macon, GA
- Armed Robbery
•
Clothing - Memphis, TN
- Robbery
•
Clothing - San
Antonio, TX - Robbery
•
Dollar - Macon, GA -
Armed Robbery
•
Dollar - Crofton, MD -
Robbery
•
Dollar - Maurice, LA -
Armed Robbery
•
Dollar - Tulsa, OK -
Burglary
•
Dollar - Jacksonville,
FL - Robbery
•
Jewelry - Waco, TX -
Armed Robbery
•
Jewelry - San Francisco, CA - Burglary
•
Jewelry - Lancaster PA - Robbery
•
Jewelry - Valley Stream, NY - Robbery
•
Jewelry - Marion, IN - Robbery
•
Jewelry - Albuquerque, NM - Robbery
•
Jewelry - Waterford, CT - Robbery
•
Jewelry - North Attleboro, MA - Robbery
•
Liquor - Nashville, TN
- Robbery
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Restaurant - Kunia, HI
- Burglary
•
Restaurant - Lewes, DE
- Burglary
•
Restaurant - Chicago,
IL - Burglary
•
Restaurant -
Smithville, MO - Armed Robbery
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Daily Totals:
• 23 robberies
• 7 burglaries
• 1 shooting
• 1 killed |
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Click to enlarge map
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Jay Harris named Regional Loss Prevention Manager for Swatchgroup |
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Submit Your New Hires/Promotions or New Position
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Featured Job Spotlights
An
Industry Obligation - Staffing 'Best in Class' Teams
Every one has a role to play in building an
industry.
Filled your job? Any good candidates left over?
Help your colleagues - your industry - Build
'Best in Class' teams.
Refer the Best & Build the Best
Quality - Diversity - Industry Obligation
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Director of Retail Solutions - North America
Denver, CO - posted
April 5
This role will be focused on selling our SaaS retail crime intelligence
platform by developing new prospects, and progressing Enterprise level prospects
through our sales process. You will report directly to the VP of Retail
Solutions - North America, and work alongside our Marketing, Partnerships and
Customer Success team to grow our customer base...
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Asset Protection Manager
Remote - posted
May 30
The Asset Protection Manager is responsible for supporting
global field and corporate operations execution of asset protection processes.
This role has analysis-based responsibilities as well as investigation and
recovery of losses within an assigned Region...
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Region Asset Protection Manager: Fresco y Mas Banner
(Bilingual Required)
Miami, FL - posted
May 17
Responsible for managing asset protection programs designed to minimize
shrink, associate and customer liability accidents, bad check and cash loss, and
safety incidents for stores within assigned region. This position will develop
the framework for the groups' response to critical incidents, investigative
needs, safety concerns and regulatory agency visits...
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Store Loss Prevention Manager
Tacoma, WA - posted
April 24
Store Loss Prevention Managers are responsible for leading Loss
Prevention functions within a specific location and for partnering with Store
Operations in an effort to prevent company loss. You will be responsible for
driving company objectives in profit and loss control, sales performance,
customer satisfaction, and shrink results...
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Manager, Regional Loss Prevention
Minneapolis, MN -
posted April 4
This position is responsible for managing all aspects of
loss prevention for a geographic area to reduce and control shortage and other
financial losses in 124+ company stores. The coverage areas average $850+
million in sales revenue...
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Corporate Risk Manager
Charlotte or Raleigh, NC - posted
February 14
Summary of Role and Responsibilities: Proactive approach
to preventing losses/injuries whether they are to our employees, third parties
or customers valuables. They include cash in transit, auto losses or injuries;
Report all incidents, claims and losses which may expose the company to
financial losses whether they are covered by insurance or not...
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Featured Jobs
To apply to any of today's Featured Jobs,
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It always boils down to the people - the team. No matter how sophisticated we
become or how fast and efficient our systems are, it's always the people that
make it work or not work for that matter. So many hide so much behind the
technology that I wonder if we, the people, are losing ground at times. It's
easy to sit back, get work done, shuffle our emails and feel like we
accomplished a lot. But at the end of the day have we really?
Just a Thought, Gus
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