3 Common Types of Theft and How to Prevent Them

Posted on: June 28th, 2017 by Nelson Shane

With criminals getting smarter and more technologically advanced every day, it’s crucial for every business owner to remain up-to-date on the latest ways to prevent theft. There are multiple types of theft, and each one can be monitored in a unique way. Read on to learn the top three types of theft and how to prevent them.

  • Shoplifting. Perhaps the most well-known type of theft, shoplifting describes when a criminal, disguised as an average customer, goes into your store and leaves with items that they did not pay for. Your employees will be your first line of defense against shoplifting; most shoplifters are amateur thieves, and are frequently scared away by the presence of employees. Tagging expensive merchandise with security alarms can also help deter shoplifters, and companies providing commercial door locks in Philadelphia can help keep back inventory away from customers with sticky fingers.
  • Burglaries. Burglary is when someone with unauthorized access enters your business, sometimes by force, and usually with the intention to steal. High-security locks in Philadelphia can be installed on the outside of your door, making it much more difficult for thieves to access. These types of locks can also be created with special keys, so your employees will have after-hours access while criminals will not.
  • Employee theft. Unfortunately, the most common type of theft is also the most difficult to prevent. Every year, employers lose over 50 billion dollars’ worth of cash, merchandise, and supplies due to employee dishonesty. According to the American Society of Employment, managers are the most likely employees to steal, and the most commonly stolen item is cash from skimming off the top of the register or safe. You can reduce employee theft by carefully counting safes and register drawers, practicing regular accounting, spending as much time as possible in your store or business, and by paying your employees fairly.

For more information on how to prevent theft or to purchase a high-quality locking system, we encourage you to contact our experts at Mike’s Lock Shop today.

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