8 reasons to protect against shrinkage and organized crime


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95% of organizations have been a victim of organized crime during the last 12 months according to a recent survey conducted by NRF. Find out about seven additional facts to use when justifying a new video security system to protect against shrinkage and organized retail crime.

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  • How does this fit with the limited resource challenge in the intro slide?
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  • 8 reasons to protect against shrinkage and organized crime

    1. 1. July 13, 2011<br />8 Reasons to Protect Against Shrinkage and Organized Crime<br />Nick Wooler, Director Product Marketing<br />
    2. 2. Industry Trends Driving Investment In Retail Security <br />7/13/2011<br />2<br />Increased Threats<br />Growth of Video<br />Reduced Resources<br />Adapt to new threats <br /><ul><li>Mobile based payment
    3. 3. Shrinkage rising
    4. 4. Identity theft
    5. 5. Employee fraud </li></ul>Open platform to support transition<br /><ul><li>Transition to IP
    6. 6. Integration with business
    7. 7. Integration with security</li></ul>Improve reach and efficiency to combat<br /><ul><li>More locations to protect
    8. 8. Reduced budgets
    9. 9. Reduced resources</li></li></ul><li>How Do You Convince Management To Invest?<br />7/13/2011<br />3<br />FactualEvidence of Trends<br />What is happening in the industry and what reports can convince management that we need to invest?<br />Are our competitors investing in security and will I become an easy target if we don’t invest?<br />BenchmarkSecurityCapabilities<br />How can I build a strong business case for a video intelligence system?<br />Build a <br />Business<br />Case<br />
    10. 10. Fact 1: Skimming Driving Rise in Physical Attacks Verizon Data Breach Report 2011<br />7/13/2011<br />4<br />Physical security more important than ever to combat rise in physical attacks to steal identity and financial data<br />
    11. 11. Fact 2: Top Targets Of Criminals = Banks and RetailVerizon Data Breach Report 2011<br />7/13/2011<br />5<br />Are you taking the right steps to protect customers, employees and data?<br />
    12. 12. Fact 3: Shrinkage is on the Rise<br />7/13/2011<br />6<br />Retail shrinkage increased to 1.58% of retail sales in 2010 ($37.1B) -- up from 1.44% in 2009 ($33.5B)<br />Source: Shrinkage On The RiseDr. Hollinger's preliminary NRSS findings<br />http://www.nrf.com/modules.php?name=News&op=viewlive&sp_id=1136<br />
    13. 13. Fact 4: Organized Crime is on the Rise <br />7/13/2011<br />7<br />95% of retailers have been a victim of ORC over the last 12 months<br />
    14. 14. Fact 5: ORC Target 50 to 100 Locations on a “spree”Verizon Data Breach Report 2011<br />7/13/2011<br />8<br />“ATM and gas pump skimming is conducted largely by organized criminal groups and one ”spree” can target 50 to 100 different business locations. These attacks have been occurring for years, but are on rise in many areas according to both public reports and the caseload of the United States Secret Service”<br />Verizon Data Breach Report, 2011<br />
    15. 15. Fact 6: Shoplifting is a $12.1B Problem<br />7/13/2011<br />9<br />32.6% of total losses was from shoplifting ($12.1B)<br />Source: Shrinkage On The RiseDr. Hollinger's preliminary NRSS findings<br />http://www.nrf.com/modules.php?name=News&op=viewlive&sp_id=1136<br />
    16. 16. Fact 7: Employee Theft Impact Shrinkage Significantly<br />7/13/2011<br />10<br />43.7% of retail shrinkage in 2010 was from employee theft ($16.2B)<br />Source: Shrinkage On The RiseDr. Hollinger's preliminary NRSS findings<br />http://www.nrf.com/modules.php?name=News&op=viewlive&sp_id=1136<br />
    17. 17. Fact 8: Your Colleagues Are Investing<br />7/13/2011<br />11<br />46% of retailers said their loss prevention budgets were increasing and 35% said they were staying the same<br />Source: Shrinkage On The RiseDr. Hollinger's preliminary NRSS findings<br />http://www.nrf.com/modules.php?name=News&op=viewlive&sp_id=1136<br />
    18. 18. With all these threats, what should you do? <br />7/13/2011<br />12<br />Invest in a solution that can help you: <br />Solve<br />Solve cases faster to reduce shrinkage and improve the efficiency of the loss prevention team <br />Protect against threats and fraudulent claims but also against the high cost of managing video across many locations<br />Protect<br />Grow the business by using video to improve:<br /><ul><li>Customer Metrics
    19. 19. Customer Service
    20. 20. Sales Training</li></ul>Grow<br />
    21. 21. First You’ll Need to Build A Good Business Case<br />7/13/2011<br />13<br />Return OnInvestment<br />Cost Savings<br />Loss Prevention<br />GrowRevenue<br />
    22. 22. Consider Productivity and Total Cost of Ownership<br />7/13/2011<br />14<br />Return OnInvestment<br />Cost Savings<br />Loss Prevention<br />Grow Revenue<br />
    23. 23. Video Intelligence Can Help Grow Revenue Too<br />7/13/2011<br />15<br />Return OnInvestment<br />Cost Savings<br />Loss Prevention<br />GrowRevenue<br />
    24. 24. Then You’ll Need to Find a Security Solution That Is…..<br />7/13/2011<br />16<br />EASY<br />EASY<br />EASY<br />Deploy<br />Manage<br />Maintain<br />Easy to install and get up in running in less time<br /><ul><li>An appliance that ships with everything you need already installed
    25. 25. Hybrid DVR & NVR integrate with existing analog and IP cameras
    26. 26. Configuration templates & reports improve speed and quality</li></ul>Manage large deployments from one location<br /><ul><li>Monitor system from central location
    27. 27. Configure appliance and video analytics remotely
    28. 28. Remote viewing of video
    29. 29. Alarm Panel integration</li></ul>Maximize uptime and lower cost to maintain your system<br /><ul><li>RAID built into appliance
    30. 30. Replaceable Hard Drives
    31. 31. Update software from central location
    32. 32. Camera and system health checks with alerting</li></li></ul><li>Consider 3VR for your Video Intelligence Platform<br />17<br />3VR’s Video Intelligence Platform™ has transformed the security and loss prevention<br />operations of Fortune 200 companies and other leaders in sectors including:<br />VIP P-Series: <br />Powerful, flexible, multi-analytic<br />16, 24, 32 channels<br />NVR, Hybrid Ideal for Commercial banks, retail, hospitality.<br />VIP Server Class: Expandable storage, IT-friendly, high camera counts, 32 – 64 Channels NVR, Hybrid. Ideal for large camera deployments<br />VIP S-Series: Compact, affordable, retail and ATM focus<br />4,8,16 channels<br />NVR, Hybrid<br />P-Series<br />Video Intelligence Platform<br />S-Series<br />Server Class<br />Banking<br />Retail<br />Healthcare<br />Critical Infrastructure<br />Hospitality<br />Commercial<br />7/13/2011<br />
    33. 33. What 3VR Does For You<br />7/13/2011<br />18<br />Video Intelligence Platform<br />S-Series | P-Series | Server Class<br />ENTERPRISE MANAGEMENT<br />Monitor & SystemManagement<br />User Management<br />Remote Access<br />Configuration Templates<br />VIDEO APPLICATIONS<br />OpCenter<br />SpotMonitor<br />Case Management<br />SystemManager<br />CrimeDex<br />ReportViewer<br />Alert Viewer<br />VIDEO ANALYTICS<br />Facial Surveillance<br />License Plate Recognition<br />Customer Counting<br />Queue Line Analysis<br />Dwell Time<br />Customer Traffic<br />AdvancedObject Tracking<br />DATA INTEGRATION<br />ATM & Teller <br />Access Control<br />Business Intelligence<br />Alarm Panel<br />Point of Sale<br />PSIM<br />
    34. 34. Interested? Take your Next Steps at 3VR.com<br />7/13/2011<br />19<br />EASY<br />EASY<br />EASY<br /> Demo/Training<br />Partner<br />Events<br />Easy to get demo & training:<br /><ul><li>Go to 3VR.com to request a demo
    35. 35. Application and System Design Two-day Training
    36. 36. Lunch and learn sales training
    37. 37. Online technical training
    38. 38. Training webinars </li></ul>3VR partners with several global integrators and manufacturers<br /><ul><li>Register to become a partner
    39. 39. Learn more about partner pricing and programs</li></ul>Upcoming events<br /><ul><li>ASIS – Sept. 9/19-21
    40. 40. Webinars on 3VR.com</li>