Rising Cost of Living Results in Increase in Workplace Crime


Welcome to A Matter of Security, where we believe in protecting your business from all kinds of threats, including workplace crime. Recent data shows that theft by employees is on the rise, with almost 6,000 people caught stealing from their employer in 2022 alone, up from 5,000 the previous year. This increase of 19% is attributed to the cost of living crisis, which is pushing some workers to resort to desperate measures.

Theft incidents range from the pilfering of office supplies to embezzlement of company funds and theft of data. The consequences of workplace theft can be devastating for companies, resulting in reduced profits, lower staff morale, and even bankruptcy. Consumers also lose out through higher prices. No business is immune to workplace theft, which can go undetected for years and occur at all levels.

At A Matter of Security, we understand the importance of protecting your business from such threats. We offer a range of security solutions to help mitigate the impact of financial losses and resume normal operations quickly.

This includes solutions such as CCTV, access control and the basic stuff like simple locks on doors where expensive stock may be held where only certain staff might have access.

We have seen an increase in commercial crime claims, with firms facing an average loss of £140,000. Among the recent claims made to us was a £150,000 theft by a ring of employees at a food manufacturer, where produce was being stolen and simply being put on the back of a van with the business owner completely unaware and a £50,000 claim from a double glazing firm. Therefore, it’s crucial to have the right protection in place to prevent such incidents from happening and safeguard your business.

As a security company, we understand the importance of safeguarding your business against all kinds of threats, including workplace crime. Contact us today to learn more about our security solutions and how we can help protect your business.

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