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Fighting Cyber Criminals in the Retail Industry

With the UK’s High Streets floundering amid falling consumer power and rising import prices, the country’s retailers have turned towards digitalisation to improve their customer experience and find efficiency savings in a struggling retail sector. However, as Anthony...
Posted On 23 Dec 2019
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FCA and PRA jointly fine Raphaels Bank £1.89 million for outsourcing failures

The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have jointly fined R. Raphael & Sons plc – the retail bank providing banking and related financial services – for failing to manage its outsourcing arrangements properly between...
Posted On 05 Jun 2019
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Major criminal threats to retailers at Christmas identified by LodgIC Intelligence Centre

This Christmas, the risk posed to retailers’ margins from theft is greater than ever before. According to the LodgIC Intelligence Centre, the escalated threat results from three factors: increased activity by organised criminal gangs, reduced security staffing resulting from the...
Posted On 11 Dec 2018
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Secureworks finds majority of cyber crime damage “inflicted by powerful covert criminal threat groups”

Secureworks, a global cyber security company that protects organisations in the digitally connected world, has just released the findings of its State of Cyber Crime Report 2018 which is designed to illuminate the cyber crime trends and events that shaped the year. From July last...
Posted On 20 Nov 2018
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Payment Processes in Retail: Evolving to Deliver Convenience and Security

Contactless payments, smart phones and e-commerce are delivering speed and convenience to consumers and, as a result, debit cards have nudged cash from the ‘most frequently used method of payment’ top slot in the UK. While card payments start to outstrip cash payments, there are...
Posted On 31 Oct 2018
Simon Chapman
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Resolving Risks of Theft, Waste and Inefficiency

How do you identify the ‘unknown unknowns’ when looking to root out avoidable losses and risks for the host organisation? In the words of Donald Rumsfeld, former US Secretary of Defence: “There are known unknowns. That is to say we know there are some things we do not know, but...
Posted On 12 Oct 2016
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Simulated investigation staged at BT Tower in bid to unearth cyber recruits

Telecoms giant BT and the Cyber Security Challenge UK have staged a mock investigation into a cyber attack at London’s iconic BT Tower in a bid to find the country’s best hidden cyber security talent. No fewer than 24 of the brightest candidates from a series of online qualifying...
Posted On 26 Apr 2016
Lodge Service is offering retailers some excellent practical advice on how they can stem the tide of theft at their stores during the Christmas period
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Lodge Service outlines Top 5 tips for retailers in combating theft at Christmas

According to the British Retail Consortium (BRC), crime cost the UK retail industry £603 million last year. That figure represents an 18% increase on the previous 12 months. Of course, the period covering the run-up to Christmas brings with it a particular risk of retail losses...
Posted On 04 Nov 2015
Response in Depth Plans are now essential for UK retailers
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“Response in Depth Plans now a ‘must’ for UK retailers” urges Nettitude

Retailers are facing a significant threat from cyber criminals following the spate of major Point-of-Sale data breaches that we’ve seen over the past year, affecting businesses as large as Target and Home Depot in the US and mass transportation ticketing systems across Europe,...
Posted On 09 Feb 2015