| Updated: 3.2.2003; 21:30:21 GMT |
| blogattic weblog mostly about security Online (Finanical Times) "International losses from online fraud, which reached $1.64bn over the past 12 months, almost doubled in the past two years, Gartner Group research indicates. Last year, e-sales totalled about $91bn." Offline (National Retail Security Survey) "Relaying on data collected from calendar year 2000, the 120 responding firms reported an average shrinkage rate equaling 1.80% of total annual sales...Assuming a retail base of $1.845 trillion in annual sales for the retail sector surveyed in this study, this translates into an approximately $33.21 billion annual loss as a result of inventory shrinkage." 12:06:41 AM
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