With that said, it is strongly encouraged by Federal and Local Agency's that companies take the appropriate precautions to mitigate the risk of unwanted events. Ensuring the information security of your business will allow it to continue operating at its true core competency giving you the ability to focus on what makes you money.

5 Ways to Prevent Employee Theft   

If you have employees, you will be a victim of employee theft. A recent study showed that over one-third of all employees routinely steal from their place of employment and over 80% have stolen at least once. From stealing products to stealing time, if there is a will there is a way.

The U.S. Department of Commerce (DOC) estimates that employee theft costs American businesses as much as $50 billion on an annual basis. According to DOC, most small business failures are caused because of employee theft. Typical business will lose an average of six percent of revenues from employee theft

Why does theft happen so frequently? Very often companies take employee theft as something inevitable and unpreventable. Quite often companies don't see theft prevention as one of the important goals of doing business, while they definitely should judging by the figures of loss caused by employee theft mentioned above. Employees steal when they think they can and especially when they know there will be no severe punishment for it.

Today, we examine 5 easy, do it yourself cost effective ways business owners can do to prevent theft in the workplace and make your employees think twice before they steal?

1. GPS Tracker/GPS Logger
   Got expensive assets or need to track a mobile workforce? A small, ultra covert GPS tracker can be placed on virtually anything. With alert notification, you will know instantly if your asset is on the move, or in a place where it shouldn't be. Secondly, GPS Tracking for Vehicles provides you with real time tracking of your employees out in the field. Know where they are at all times, and calculate travel time for billing purposes.

2. Safes with Biometric Fingerprint
   Believe it or not, many businesses' still do not put critical items such as cash into a safe. Even with traditional safes, people can still steal the combination or worse yet, crack them. With biometric fingerprint technology, only authorized individuals can have access to important documentation, checks or cash in the safe.

3. Hidden Camera/DVR
   If an employee thinks they can get away with something, they will. Sometimes having cameras and video recorders out in the open aren't enough to prevent theft. To catch them in act and have the proof you need to either fire or prosecute, using covert cameras and video recorders give you the ultimate in protection.

4. Lo Jack for Laptops
   With most companies providing laptops for their employees to use out in the field, claims of theft, or loss of this expensive hardware has become commonplace. It is difficult for a company to prove employee theft and recover the laptops, but now there is a solution. Embedded deep in the BIOS of a computer, secure, safe & undetectable software will covertly monitor the computers location every time it is connected to the internet. Its like having a GPS Tracker inside your laptop. Once connected, police can be dispatched for successful recovery.

5. Biometric Fingerprint Locks
   Security in your finger whenever you need it. Imagine an employee is leaving a job or let go, simply remove their fingerprint from the device rather than change locks. Or, when you want to restrict access to certain room specific times of the day, set schedules allowing people access only when you see fit. Doors will open only to fingers you want them to recognize, when you want them to be granted access.

Simple, easy cost effective solutions such as these will give you the upper hand in preventing employee theft. From monitoring your employees on the road, to recording their actions covertly and limiting access to key areas of your business, you are in control. You can't be everywhere all the time; however this is the next best steps necessary to reduce theft costs.