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Macy’s $154M Lesson: Why Every Company Needs Separation of Duties

LogisManager

Macys, one of Americas most iconic retailers, revealed that an internal accounting fraud had distorted its financial results for years ( New York Post ). Where were the controls designed to prevent this sort of activity? The incident also raises uncomfortable questions about Macys internal controls. While the U.S.

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6 Ways Big Data Analytics Can Drive Down Costs

Pure Storage

By evaluating customer behavior, companies can create strategic marketing plans that target a particular customer cohort—for example, by offering personalized recommendations based on previous purchases or social media activity. Retailers can then blacklist these customers or take other actions to help prevent return fraud.

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??6 Ways Big Data Analytics Can Drive Down Costs

Pure Storage

By evaluating customer behavior, companies can create strategic marketing plans that target a particular customer cohort—for example, by offering personalized recommendations based on previous purchases or social media activity. Retailers can then blacklist these customers or take other actions to help prevent return fraud.

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Top Architecture Blog Posts of 2023

AWS Disaster Recovery

10: Build a serverless retail solution for endless aisle on AWS In this post, Sandeep and Shashank help retailers and their customers alike in this guided approach to finding inventory that doesn’t live on shelves. I give you our 2023 cream of the crop! #10: Building endless aisle architecture for order processing Check it out!

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Using Audio for Alarm Verification: Hearing Plus Seeing Increases Situational Awareness and Reduces False Alarms

Security Industry Association

The question is not how to prevent the causes of false alarms, but rather how to verify whether alarm activations signify a real breach. Audio enables real-time, two-way communication, allowing remote operators to issue verbal warnings to the unauthorized personnel on the premises and dissuade them against unlawful activity.

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AI in Security and Psychology

Security Industry Association

In both situations, the process could ultimately affect a person’s performance level based on their psychological evaluation of the condition. Some organizations require employees to clock in once they arrive at the first job site, while others require workers to log their hours immediately upon leaving for the day.

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Why Your Business Needs to Upgrade to Wi-Fi 6

LAN Infotech

Businesses have to account for both dense activity and high bandwidth consumption when providing Wi-Fi to their prospective customers. Consider a mixed-use building with a basement warehouse, retail spaces – some equipped with kitchens, and office space on the upper levels. Whether using GHz or 2.4

Apparel 98