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Retail loss prevention (also known as retail asset protection) is a set of practices employed by retail companies to preserve profit. [1] Loss prevention is mainly found within the retail sector but also can be found within other business environments. Retail loss prevention is geared towards the elimination of preventable loss. [2]
The loss control consultant will typically work for an insurance company, a private consultant firm or as an independent consultant. The LCC will survey businesses for property or casualty (general liability, automobile, workers compensation) exposures, identifying exposures to loss and how a business can control these loss exposures.
A store detective (also known as Asset Protection Investigator, undercover shopper, Loss Prevention Detective, and Asset Protection Specialist) is a member of loss prevention whose main role is to prevent and detect theft (commonly known as shoplifting) and reduce shrink in retail outlets. [1]
FM is an international property insurance and loss prevention engineering company with US$5.3 billion of in-force premium (FY2016), US$11.9 billion in policyholders' surplus (FY2016), with clients in more than 100 countries and 5500 employees.
Operational risk is the risk of losses caused by flawed or failed processes, policies, systems or events that disrupt business operations. Employee errors, criminal activity such as fraud, and physical events are among the factors that can trigger operational risk.
Process safety is an interdisciplinary engineering domain focusing on the study, prevention, and management of large-scale fires, explosions and chemical accidents (such as toxic gas clouds) in process plants or other facilities dealing with hazardous materials, such as refineries and oil and gas (onshore and offshore) production installations.
The Fire Protection Association is the UK's National Fire Safety Organisation. Established in 1946, it specializes in spreading awareness about wildfire.It offers education and training, a fire risk assessment service, a nationwide risk management survey service for insurers, and a membership journal (Fire Risk Management).
Data loss prevention (DLP) software detects potential data breaches/data exfiltration transmissions and prevents them by monitoring, [1] detecting and blocking sensitive data while in use (endpoint actions), in motion (network traffic), and at rest (data storage). [2] The terms "data loss" and "data leak" are related and are often used ...