Protecting your Store: How to prevent and detect retail fraud
SPECIAL FROM BDO:
In 2017 alone, the total value of fraud reported by Canadian businesses was $30.4 million, according to the Canadian Anti-Fraud Centre (CAFC). That number is an alarming increase of 78% from the previous year, and an all-time high over the last four years. Fraud is a serious and ongoing risk that can have widespread consequences. To protect your business and your brand, retailers need to understand why and how fraud occurs, as well as implement proactive strategies for prevention and detection.