It’s the first quarter of a New Year and businesses are already busy reviewing budgets for ways to save money. One line item that can impact business the most – loss. Employee theft alone is a crime that costs U.S. businesses $50 billion annually*, according to Statistic Brain. So if you aren’t sure who is keeping watch over your property and assets, and how they reduce preventable loss, it might be time for a security audit.
According to GuardOne, the security patrol and remote video monitoring company, more than 400,000 businesses in the United States experience theft, robbery, vandalism, and criminal acts each year. The company advises that all businesses should consider the reality that thefts and other crimes can happen on their premises. They note that having the right systems in place can prevent these occurrences.