$50 Million Art Heist Shows Business Security Importance

How does someone steal a $50 million painting from a museum in Egypt with a security system and 40-plus surveillance cameras?

You would think it involved an elaborate plan like something out of The Thomas Crown Affair or Ocean’s Eleven. But no high-tech gadgets or slight of hand were used to take a priceless Vincent van Gogh painting.

According to the investigation, all it took was sloppy security measures and carelessness from museum employees. Only seven of the 43 security cameras were working and guards neglected to check museum visitors for suspicious activity.

The lessons learned from this embarrassment can be applied to your business security plan:

• Have a good, working business security system
• Invest in reliable camera surveillance systems
• Employ trustworthy, professional employees
• Train employees to notice suspicious activity

Most Importantly: Regularly test your security cameras to ensure they are working properly.

Security cameras do not work forever. Many business owners assume equipment works for years. But without proper maintenance and regular testing these cameras can break down. We recommend testing your cameras on a regular basis.

Because the security guards at the museum were so negligent, police are holding them in jail for neglect and professional delinquency.

Don’t let a faulty security system and employee incompetence threaten the security of your business. Do your homework and find the right business security solutions.

Quick Guide For Preventing Shoplifting In Your Store

According to the National Association for Shoplifting Prevention, more than $13 billion worth of goods are stolen from retailers each year. Retailers can protect their store by enacting a few tried and true tips. We recommend store owners do the following:

• Try to understand the techniques shoplifters use to steal items
• Discuss with your employees the best practices that deter the threat of shoplifting
• Make your retail establishment a shopper-friendly experience

Shoplifters often steal merchandise out of sight in a fitting room or a part of the store where it is difficult to see them. Locking fitting room doors and arranging your store so there are clear views where no one can hide are two cost-effective ways to deter theft.

Incorporating your staff into your shoplifting prevention plan is another cost-effective solution. Employees should greet customers when they enter the store and pay attention to suspicious activity. It is less likely that someone will steal if an employee is able identify them. Providing incentives, such as bonuses or discounts, to employees also helps keep them on high alert.

Sometimes shoplifters will switch price tags on items to receive a significant discount. It is important for cashiers to be aware of the actual price of items.

While training your employees is a good first line of defense, incorporating business security solutions and a camera surveillance system adds an extra layer of security, deterring potential shoplifters. Another effective method is placing security tabs on high-priced items.

Security is important, but so is good customer service. Don’t let your shoplifting plan overwhelm you, your employees or your customers.