Business Security

Thefts across Industries

By September 18, 2019 September 23rd, 2019 No Comments

Thefts across Industries

Here at Jensen Security we work with a lot of businesses from all sorts of industries to help them protect their businesses through improved security. In this blog post we would like to share some research that we recently came across. This research looks at three different industries; wholesale and retail, arts, entertainment and recreation and the manufacturing industry.

Wholesale and Retail

In 2016 6% of all businesses in the wholesale and retail industry were victims of assaults and threats from customers. Meanwhile 21% were victims of thefts by customers. In 2017 this number grew to 10% of all businesses being victim to assaults and threats by customers and 24% of businesses being victim to customer theft.

It is reported that shoplifting accounts for 63% of all crime against the wholesale and retail industry. Research shows that in 2012 the meridian cost of shoplifting per victim business was £237. However by 2017 the meridian cost of shoplifting has risen to £500!

CCTV cameras and better business security could help reduce the risk of shoplifting and threats to your staff because thieves would be aware that they are being recorded. This CCTV footage would then give you the evidence required for the police to find the thief.

Arts, Entertainment and Recreation

As CCTV cameras, intruder alarms and better business security has grown in popularity in the arts, entertainment and recreation industries, the crime levels have dropped. In 2013 there were 4,660 incidents per 1,000 premises. This dropped significantly to 2,755 incidents per 1,000 premises by 2017.

In 2017 34% of all businesses in the arts, entertainment and recreation industries were affected by crime. The most common crime in 2013 was theft however it is now assaults and threats. This is something that CCTV can monitor, and also help deter.

Manufacturing

Shoplifting has risen in the manufacturing industry from 13 customer theft incidents per 1,000 premises in 2012 right up to 156 customer theft incidents per 1,000 premises in 2017. In 2017 shoplifting affected 5% of all manufacturing businesses. The most common crimes in the manufacturing industry are thefts and fraud, with 296 thefts per 1,000 premises in 2017 and 257 fraud incidents per 1,000 premises in the same year.

 

As you can see from this research, crime is an issue for all industries. It is important that you have the best quality business security in place so if your business becomes a potential victim of crime, you have the security in place to deter the thieves or catch them in the act.