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Security:

Security?Most private-and public-sector employers spend thousands of dollars implementing security measures. Do these costly investments prevent employees from attempting to misuse positions of trust for personal gain? No! Employers still suffer losses resulting from employee theft.

You might think the knowledge that security measures are in place would discourage employees from abusing their employer’s trust. In reality, however, the likelihood of being caught and held accountable does not always deter employees from committing dishonest acts. Some employees not only keep doing it, they continue to get away with it!

While appropriate security measures can offer much protection, employees with (inside) access can usually find ways around the very systems you installed to prevent theft. In other situations, normal security measures simply fail to cover loopholes, allowing your employees quick and easy access to your company assets.

According to the U.S. Chamber of Commerce...
Employee theft directly causes 1 out of 3 business failures.
Common security measures:

    1) security cameras
    2) security guards
    3) polygraph tests
    4) pre-hiring honesty tests
    5) pre-hiring reference or background checks
    6) inventory and audit controls

While we strongly agree that security measures should be in place to protect your assets and lessen temptation for your employees, such measures alone do not eliminate an employer’s vulnerability to employee theft. A new approach to this difficult problem is urgently needed!


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