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A Loss Prevention Psychology Perspective

The increasing digitization of workplaces carries significant risks, including employee-driven cybercrime, which could cost the global economy $10.5 trillion annually by 2025. Loss prevention psychology (LPP) offers strategies for mitigating cybercrime risks, ranging from secure systems and encryption to employee education about cyber risks. Employee deviance, though less serious than cybercrime, can still harm an organization. A company culture that values integrity and respect, and focuses on mental health and well-being, can help prevent cybercrime.

Source: losspreventionmedia.com –

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