Loss prevention software can be used to identify thieves.
Loss prevention is a huge part of business and many types of software are created to handle the various aspects of loss prevention. Some types of loss prevention software help with surveillance, while others monitor financial records for evidence of wrongdoing. For loss prevention workers, software that helps organize inventory loss information can help prepare a legal case for court. This type of software can be hosted on the Internet or run from a local computer or server. Loss prevention software can also be classified by industry or purpose, such as retail loss prevention programs or emergency services.
Data loss prevention software is designed to prevent the user from losing sensitive data from the computer.
Surveillance software typically runs a series of cameras that monitor an area and record activity. This type of system can reduce losses by allowing the business to identify and prosecute thieves. Some systems work with wireless cameras, allowing the owner to place the cameras wirelessly. Most systems of this type allow the user to view live images from the camera while the system writes all images to memory.
Loss prevention software can automatically protect data from hackers.
In loss prevention, cameras can be used to monitor customers to detect or prevent shoplifting, or they can be trained at the cashier to spot problems during check-in transactions. Retail loss management software can help a retail manager organize theft cases for the court case. This type of software also detects instances of fraud in a payment system.
Loss prevention software can protect a person’s bank account from theft.
Retail loss prevention software companies sometimes offer external whistleblowing services that receive reports of problems within the company that can help prevent losses. These programs are designed to provide a safe place to report bad business practices without fear of retaliation. Some companies offer rewards to employees who report wrongdoing, which helps the company avoid losses by reporting problems in the workplace. Software for this purpose includes features that help the user track and record reporting events so that the information can be used to improve operations and prevent future losses.
Loss prevention software can be used to track damaged inventory during warehouse storage.
Another type of software, called data loss prevention software, is designed to prevent the user from losing sensitive or proprietary computer data. Protecting valuable data means protecting your files from leaks and hackers, as well as protecting your files from being lost. Techniques used by a data loss prevention software program include multiple backups, including some offsite, and security measures to prevent intruders from accessing files. Since leaked data can cost the organization protecting it money, protecting data assets can be just as important as protecting financial assets.