Theft

Report: Porch Pirates Targeted 79% of Americans in 2022
Report: Porch Pirates Targeted 79% of Americans in 2022
September 21, 2023  |  Delivery

America appears to be living in the age of the porch pirate. Package thefts from people’s homes are on the rise, CNBC reported Thursday (Sept....

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Social Engineering Enabled $37 Million Theft From Crypto Firm CoinsPaid
Social Engineering Enabled $37 Million Theft From Crypto Firm CoinsPaid
August 07, 2023  |  Cryptocurrency

Social engineering enabled the July 22 hacker attack and theft of $37 million from crypto payments provider CoinsPaid. The hackers gained access to an employee’s...

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Everseen Raises $71 Million to Battle Retail Theft With AI
Everseen Raises $71 Million to Battle Retail Theft With AI
May 11, 2023  |  Investments

Artificial intelligence (AI) platform Everseen has raised $71 million to help retailers prevent theft. The Irish company, whose computer vision technology can block theft at...

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LA Retailers Putting Products Behind Glass as Shoplifting Rises 2%
LA Retailers Putting Products Behind Glass as Shoplifting Rises 2%
March 14, 2023  |  Retail

Retailers in Los Angeles are increasingly keeping products locked up in response to shoplifting. Stores in the city have seen a 2% increase in theft...

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Secret Service: Chinese Hackers Swiped $20M in COVID Relief Funds
Secret Service: Chinese Hackers Swiped $20M in COVID Relief Funds
December 06, 2022  |  Fraud Attack

Federal authorities say Chinese hackers have stolen $20 million in COVID relief money since 2020. The U.S. Secret Service has identified the group behind the...

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US Retailers Increase In-Store Security Measures
US Retailers Increase In-Store Security Measures
November 23, 2022  |  Retail

Facing brazen and widely reported thefts, retailers are deploying a variety of new deterrents while also balancing these measures with the need to maintain an...

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As Thefts Continue, Retailers Resort to Locking Goods Away
As Thefts Continue, Retailers Resort to Locking Goods Away
September 27, 2022  |  Retail

While last year’s wave of retail theft seems to have abated somewhat, retailers say shoplifting attempts are still higher than before the pandemic. That’s according...

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Today in Crypto: DeFi Platform Kyber Fixes Code That Led to $265,000 Theft; Russia Eyes Stablecoin Cross-Border Platforms
Today in Crypto: DeFi Platform Kyber Fixes Code That Led to $265,000 Theft; Russia Eyes...
September 06, 2022  |  Cryptocurrency

Multichain decentralized finance (DeFi) platform Kyber Network has said it’s removed an attack vector used in an exploit that saw $265,000 stolen on Sept. 1,...

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As Smash-and-Grab Raids Go Viral, the Retail Industry Is Fighting Back
As Smash-and-Grab Raids Go Viral, the Retail Industry Is Fighting Back
December 16, 2021  |  Retail

Organized retail crime is running rampant in the run-up to Christmas. As captured on smartphones and closed-circuit video cameras across the U.S. and splashed all...

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