Who does not know that they will be under camera monitoring entering a shop or retail store. This goes right from parking space to the retail store or a shopping mall. The customers know they are under surveillance each second. If you install a video surveillance, it will protect your customers and security to your business.
The security threats could be in the form of theft, burglary and shoplifting. With the intervention of Security cameras and technology, shoplifting is downsized a threat to retail businesses. Before going further, we have to take a look at the stats of shoplifting and the role of Video surveillance to counter it.
Shoplifting Statistics in Canada
The retail sector in Canada faces huge challenges due to shoplifting. One report by Statistics Canada shared that shoplifting increased from 2023 to 2024 by 37%. So the effect of shoplifting on retail is considerably high as it causes huge financial loss each year. For instance, one report by Ottawa police highlights that 44 per cent cases registered with them were for shoplifting. Moreover, in 2024, these thefts have gone from individual prowlers to planned theft groups, and these are a perpetual threat to the businesses.
The Retail Council of Canada is demanding the safest and better security measures to counter shoplifting. According one report by CTV news, on 29th May 2024:
“Retail crime contributed about $5 billion in losses across Canada.”
How does Video surveillance counter shoplifting?
Video surveillance is monitoring and recording public activities, in specified places, using cameras. Security cameras capture live footage, and also record these. The authorized personnels can view those recordings live as well as in recorded form. In daily life we normally refer to it as CCTV coverage rather than Video surveillance.
So, when a retail store has 360 degree coverage offered by CCTV cameras and other surveillance devices like Display Monitors, connected by cloud services and intercoms, this will most definitely reduce theft rate. This is because when people know that the system is monitoring them in all angels, they do not mess with it. Who would want to steal in front of a surveillance system that is recording your face with proof of shoplifting?
Video Surveillance – A solution to tackle Shoplifting
As a hearsay, shoplifting sounds like a small thing, especially if it occurs in a supermarket and a superstore. But in Canada alone a loss of $13 billion surmounts due to stolen goods from retail stores each year.
Now how does it affect the consumer, when loss is for the business?
Well it is countered in the form of higher retail items prices and potential job losses of the employees. Moreover, if it’s a planned attempt, it can result in violence putting customers and employees’ lives to danger.
Not just that, if high degree cloud services are utilized then doors can be closed earlier than using old school intercoms. With live monitoring, on CCTV cameras and computer screens the likelihood of a thief leaving the store can be minimized. This is because with 360 degree coverage of premises with modern cameras and computers moniroting, the burglars are scared to get caught.
Significance of Video Surveillance against shoplifting
CCTV cameras have proved to reduce shoplifting stats to a greater degree. It not only gives you access to recorded footage and videos, but also to live monitoring.
Moreover, when people know they are covered at 360° by cameras, it lowers the chances of theft significantly. In case of shoplifting the recordings serve as a concrete investigation source.
So, Video surveillance and CCTV monitoring not only save businesses from loss, but also ensure consumer security.
Components of Video Surveillance Systems
Video surveillance systems do not just have one but various integral components. These parts fundamentally funcion concurrently to give security and monitoring services. We always emphasize for the users to know the components of the surveillance system. This will facilitate a more reliable security setup with minimum glitches.
Some vital components are mentioned below:
- Security Cameras
- Recording Devices
- CCTV Monitors
- Networking Equipment
- Software
- Accessories
- Cloud Services
Types of Surveillance Systems
As the technology is evolving, there are numerous types of CCTV cameras coming in the market. They have different shapes and different functions. The differences are based on certain components, and how these components co-exist in each model.
Basically, the surveillance systems are of two main types based on their components:
- The digital video recorder (DVR) – operates with analog cameras.
- Network video recorder (NVR) – IP cameras integrated modern solutions.
Let’s explore the difference between these components and how they function within their technical framework. Before making a purchase decision, keep in mind that both NVR and DVR systems have a certain storage capacity. This is based on the amount of data space on their hardware devices.
Digital Video Recorders vs Network Video Recorder
Comparison Between DVR and NVR
Feature | Digital Video Recorders (DVR) | Network Video Recorders (NVR) |
---|---|---|
Cabling Requirements | Requires extensive cabling; each camera linked to the recorder via coaxial cable | Utilizes Power-over-Ethernet (PoE) cables; simpler installation, combines data and power in one cable |
Scalability Issues | Challenging and costly to scale; additional DVR units needed once camera inputs are consumed | Easier to scale; adding more cameras only requires additional PoE cables |
Resolution | Lower resolution, typically around 720 x 480 pixels | Higher resolution, typically HD quality at 1080p |
Compatibility | Compatible with analog cameras, which are cost-effective but offer lower image quality | Compatible only with IP cameras; ensures higher image and video quality |
Cost | Initial setup cost is lower; however, scaling and additional cabling increase costs over time/td> | Higher initial setup cost due to IP cameras, but cost-effective over time with easier scalability and better quality |
Pros and Cons of Video Surveillance Systems
Pros
- Enhanced Security: Advanced components like remote monitoring provide 24/7 security without the need for physical guards, saving on wages and benefits.
- Increased Productivity: Real-time and remote monitoring boosts employee productivity and ensures quality by reducing delays and improving compliance.
- Evidence Collection: Visual records help resolve disputes, confirm events, and provide legal evidence, deterring theft and burglary.
- Uninterrupted Operations: Advanced features identify inefficiencies, optimize workflows, and support tools like cloud-based attendance systems, enhancing productivity and performance.
Cons
- Privacy Concerns: Surveillance systems can infringe on privacy if misused, necessitating ethical considerations to prevent spying or unauthorized recording.
- Internet Dependency: Many systems rely on internet connectivity, so interruptions can affect functionality.
- High Costs: Initial investment and ongoing maintenance costs for advanced systems can be significant.
- Potential Malfunctions: Technical glitches require reliable support and timely maintenance to prevent security breaches.
Surveillance System Considerations
Surveillance systems ensure premises’ security without the need for physical guards, saving on expenses like wages and insurance. They offer customized solutions for residential, commercial, or industrial spaces. It’s essential to note that a surveillance system is a multi-component setup, not just cameras and monitors.
Key components include:
- Cloud Storage and Edge Computing
- Regulatory Compliance and Data Privacy
- Perpetual Repair and Maintenance
- Cybersecurity
- Cost Calculation
- Professional Consultation
- Technical Installation
Conclusion
In this blog, we have tried to give maximum briefing about how a comprehensive security surveillance system can ensure a reduction in the theft rate in shoplifting. Installation of a security surveillance system requires a clearer understanding of your security protocols. Do proper workings and research. Always take professional consultation before making the final choice. It’s not just cameras and screens but a complete system of storage, monitoring and maintenance.
Get a quote contact Spotter Security. Our professionals will give you exhaustive information customized to your security requirements. Because when it comes to your security, there is no compromise!
Written by : Carlo Di Leo
At the age of 24, with no experience in the security industry or any money in the bank, Carlo quit his job and started Spotter Security from his parent's basement. Founded in 2004, Spotter grew from a single man operation into a multi-million dollar security system integrator that caters to businessess and construction sites across Canada.