Theft

LA Retailers Putting Products Behind Glass as Shoplifting Rises 2%
LA Retailers Putting Products Behind Glass as Shoplifting Rises 2%
March 14, 2023  |  Retail

Retailers in Los Angeles are increasingly keeping products locked up in response to shoplifting. Stores in the city have seen a 2% increase in theft...

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Secret Service: Chinese Hackers Swiped $20M in COVID Relief Funds
Secret Service: Chinese Hackers Swiped $20M in COVID Relief Funds
December 06, 2022  |  Fraud Attack

Federal authorities say Chinese hackers have stolen $20 million in COVID relief money since 2020. The U.S. Secret Service has identified the group behind the...

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US Retailers Increase In-Store Security Measures
US Retailers Increase In-Store Security Measures
November 23, 2022  |  Retail

Facing brazen and widely reported thefts, retailers are deploying a variety of new deterrents while also balancing these measures with the need to maintain an...

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As Thefts Continue, Retailers Resort to Locking Goods Away
As Thefts Continue, Retailers Resort to Locking Goods Away
September 27, 2022  |  Retail

While last year’s wave of retail theft seems to have abated somewhat, retailers say shoplifting attempts are still higher than before the pandemic. That’s according...

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Today in Crypto: DeFi Platform Kyber Fixes Code That Led to $265,000 Theft; Russia Eyes Stablecoin Cross-Border Platforms
Today in Crypto: DeFi Platform Kyber Fixes Code That Led to $265,000 Theft; Russia Eyes...
September 06, 2022  |  Cryptocurrency

Multichain decentralized finance (DeFi) platform Kyber Network has said it’s removed an attack vector used in an exploit that saw $265,000 stolen on Sept. 1,...

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As Smash-and-Grab Raids Go Viral, the Retail Industry Is Fighting Back
As Smash-and-Grab Raids Go Viral, the Retail Industry Is Fighting Back
December 16, 2021  |  Retail

Organized retail crime is running rampant in the run-up to Christmas. As captured on smartphones and closed-circuit video cameras across the U.S. and splashed all...

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IP-Stealing Artist Gets Burned by His Own Game as Cyber-Sleuths Pirate ‘MetaBirkin’ NFTs
IP-Stealing Artist Gets Burned by His Own Game as Cyber-Sleuths Pirate ‘MetaBirkin’ NFTs
December 13, 2021  |  NFTs

Two wrongs don’t make a right, as the old adage goes — but in some cases, the latter retaliatory act does provide a sense of...

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As ‘Smash and Grab’ Spate Continues, Retail CEOs Turn to Congress for Help
As ‘Smash and Grab’ Spate Continues, Retail CEOs Turn to Congress for Help
December 10, 2021  |  Retail

Aside from it being their busy season, what do the CEOs of AutoZone, Best Buy, Dick’s Sporting Goods, Target and over a dozen other mega-retail...

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US Retail Chains Push Congress to Address Resale of Stolen Items
US Retail Chains Push Congress to Address Resale of Stolen Items
December 09, 2021  |  Retail

Officials from major U.S. retailers, including Home Depot, Best Buy and Target, called on Congress to intervene to thwart the online resale of stolen, fake...

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