How Accounting for Lost Sales Relates to Physical Security

August 6, 2019 / Jayar

Best practices dictate that retail businesses should also account for their lost sales. This is important so as to capture sales forecasts. These lost sales could have been a factor of slack or negligent physical security, such as theft of stocks, lost documents, stolen receipts, etc. How will a retail business know what to improve on its security if it does not account for everything? In terms of securing IT assets, whether digital or hardware, 50% of IT professionals cited budget as a main hurdle when it comes to executing IT security objectives. Read on this article to learn more. -April Toledo

Read the source article at Small Business News, Tips, Advice

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