Crime rates among businesses went unchanged during the last two years, despite an angry recessionary period. According to the Federation of Small Business, crime rates stayed on the same pace from July of 2008 until now. Douglas Barnett, head of customer risk management at AXA Insurance, commented on the crime rates during the last two years, saying, they were consistent with their findings.
Barnett continued, adding: “We expected to see a rise in business crime between 2008 and 2010, as crime usually rises during recessions, but it has stayed level. Businesses have been much more aware of the need to protect themselves against crime.
“Many small businesses have employed additional security measures, including installing alarms, improving locks and even employing security personnel, although many would like more assistance from local police.”
The FSB found that the most common types of business crime consisted of intimidating behavior aimed at staff and/or customers. Criminal damage and vandalism typically followed.
Eric Beech, FSB spokesman, commented on security measures which were possible, saying: “Businesses can take preventative measures to avoid these costly crimes – for example, investing in increased security for the premises. However, some things are outside their control, such as where they can park their vehicles to protect them from theft or damage.”
E – crime is another damaging tool for targeting companies. It is estimated that this invasive type of crime, costs Welsh businesses nearly 400 million pounds in lost turnover each year. Wales e – crime figures revealed a 67 per cent increase in online security breeches. This includes hacking of passwords, stealing of data and spreading viruses.
Janet Jones, FSB Welsh policy chair, discussed in detail what small businesses should do immediately after the indication a crime has been committed, saying: “With two thirds of businesses still a victim of crime, the Government needs to step up and engage with this important sector of the community.
“It is paramount that the Government sets out the right local agenda to protect these firms that are currently losing up to £3,000 a year to crime. We cannot watch small businesses being repeatedly victimised and as a result forced to close. Businesses need to be encouraged to report crime as soon as it happens.
“Many small businesses are run by members of the local community so it is important that those communities and small businesses themselves have confidence that the police are willing to act when crimes are reported.
“We would encourage any small business to work with their local police authority if they feel they are not getting the policing service they deserve.”