Priorities for retail security heading into 2022
Cisco Retail
DECEMBER 12, 2021
-based retailers said that the COVID-19 pandemic increased risks for their organizations in 2020 and even as shoplifting rates decreased in 2021, the retail shrink rate remained steady at a 5-year high of 1.62%. This statistic is staggering especially when considering only 34% of businesses are investing in fraud prevention measures.
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