Trucking companies understand the risk of theft they face. In 2016, hundreds of trailers loaded with cargo were stolen, with an average loss of over $200,000. Rings of cargo thieves seem to be using increasingly sophisticated tactics to pull off big jobs. With this threat ever-present, it is important for trucking companies to stay on top of the newest technology and strategies to protect their cargo.
Automotive recycling can be a difficult field to be in when it comes to property crime. With the U.S. automotive recycling industry bringing in $32 billion a year, thieves have the perception that auto yards are loaded with expensive, easy-to-steal items. When you factor in that these valuable materials are visibly stored outdoors where thieves think they can roam undetected, auto yard owners have to be hypervigilant about theft.
Unfortunately, theft from auto yards happens all too much. Without proper site security, thieves may have free range to make off with the most valuable materials from your site, damaging your business’s bottom line.
As many of us know, medicine can be very expensive. Many thieves are also aware of this and have stolen large quantities of pharmaceuticals with hopes of selling them on the black market. Due to the significant cost of these thefts, drug companies have gotten smarter about security, making it much more difficult to steal their products. Pharmaceutical thefts began to spike in 2009, but have now dropped sharply, both in number of thefts and average value stolen in each incident. This is a good lesson in demonstrating how proper security can do wonders for companies. Before these security reforms were made, however, some companies were hit hard.
When it comes to high-dollar property crime, most people think of the obvious targets: cash, jewelry, gold. But there are some other types of items that thieves seek out that may be less commonly known. This year’s worst security award goes to a warehouse that houses an item that some may think of as trivial, but in total, adds up to an astronomical amount.
Security is something always on our minds. We want to be safe, whether we’re at home, work, or school. But when there is a constant stream of news stories about major data breaches and identity theft, we risk shifting too much of our attention to data security. It’s important to keep physical security in mind, especially if you’re responsible for safeguarding valuable property at your business.