Types of Business Theft and How to Avoid It


If you own a fast-growing company, then you know that protecting your business is your number one priority. Depending on the industry, your business will have different security needs and protections. Let’s take a took at some of the most successful businesses, identify their theft-prone areas and learn what owners can do to protect those businesses.


In the finance industry, companies are prone to identity theft, fraud, money laundering and embezzlement. Unfortunately, most of this type of theft comes from employees themselves. To prevent this, business owners should have regular audits; hire third-party bookkeepers; never give one person sole responsibility for accounting; conduct thorough background checks; educate and train employees properly; promote trustworthiness and integrity throughout your company. You can’t always prevent everything, but being mindful and taking extra steps to protect your business can prevent a huge disaster from striking in the future.

Tech Companies

With the ever-changing world of technology, digital marketing and other tech companies are on the rise. Unfortunately these companies don’t just have to worry about theft inside their physical businesses, but they have to worry about internet theft as well. These types of cybercrime include data breaches, computer viruses, hackers and more. But there are a few ways in which tech companies can protect their business:

  • Keep all software up to date
  • Set up strict admin rules so that software and other applications can only be download with approval
  • Block access to restricted sites to avoid viruses and prevent hackers from interfering
  • Backup all files
  • Hire a trustworthy IT team to monitor activity and set up cyber security tools
  • Monitor employee computers

Although not all types of cyber theft are avoidable, measures can be taken to make it harder for hackers and prevent it from happening in the future.


On the other hand, some forms of technology can actually prevent theft. With the need for more houses and buildings, the construction industry is booming trying to keep up with the growing economy. But with that comes the risk of construction site theft, and this is where technology comes into play. Mobile surveillance units provide wireless visual and audio to property owners any time, anywhere. These means that even when the construction workers are away, the construction site can still be monitored 24/7. With the help of these portable security systems, owners can keep their construction sites safe no matter where they are. Mobile surveillance trailer rentals are available if buying is not cost effective.


Similarly to construction, retail stores face the risk of having their business site robbed. Retailers like clothing stores are at risk because shoplifters find creative ways to sneak away without paying for clothes or shoes. To help prevent theft inside their stores, business owners can do the following:

  • Organize the store so that all exits are visible to employers
  • Never leave your register unlocked or unattended
  • Keep more expensive items in locked cabinets
  • If your business has a dressing room, make sure there is an attendant and all items are accounted for when entering and exiting the fitting room
  • Install security cameras throughout the store
  • Keep the outside of your business well-lit, even outside of business hours

Other retailers that sell laptops or smartphones face the most risk since their products are expensive and can be stolen and sold on the internet. For those business, more drastic security measures may be needed, such as hiring a security guard for your building. However, all of these easy loss-prevention techniques are sure to keep you, your employees and your merchandise safe.

If you are a successful entrepreneur with a thriving business, you may want to consider the tips above to protect yourself and your business from theft. And remember, it’s always better to be safe than sorry!


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