Report: Crimes Against Jewelers Up In 2008, Organized Gangs Main Cause

  • Mar 18, 2009

The Jewelers' Security Alliance recently released its 2008 Annual Crime Report covering crime against the jewelry industry in the U.S. The total number of crimes against the industry increased 16.6 percent, with total dollar losses of $103.5 million.

"The popular wisdom is that crime will rise when economic times are tough, however history has shown that the incidence of crime against the jewelry industry is more complicated than that,” said John Kennedy, president of the Jewelers' Security Alliance. “It is extraordinarily rare, for example, for someone who has lost their job or had their house foreclosed to commit an armed robbery of a jewelry store.

"Almost all major crimes against the jewelry industry, including armed robberies, safe burglaries and attacks on traveling salespersons are committed by organized professional gangs that are not motivated by changes in the economy. The number of these crimes fluctuates yearly, but the totals over many years do not show a close correlation with economic conditions."

The report breaks down by state the 1,505 crimes reported to JSA for 2008. The state with the most reported crimes against jewelry firms was California, with 259 crimes, followed by Florida, Texas and New York. There were 425 arrests of criminals involved in the 1505 crimes, down slightly from 446 arrests in 2007.

Ten years ago an average of 10-15 jewelers were killed each year during robberies. That number has steadily declined to the point that two jewelers were killed in the U.S. in 2008. JSA attributes this major, long-term decline in violence against the industry to the successful efforts of the FBI and local law enforcement agencies in combating violent, organized criminal gangs.

However, JSA believes that lower dollar crimes against the industry, such as grab and runs, can easily be committed by amateurs, and JSA is seeing a sharp increase in this type of crime.

Grab and run crimes reported one of the largest increases in any category, increasing 49 percent in 2008 to a total of 362 reported cases.

Featured

  • Maximizing Your Security Budget This Year

    Perimeter Security Standards for Multi-Site Businesses

    When you run or own a business that has multiple locations, it is important to set clear perimeter security standards. By doing this, it allows you to assess and mitigate any potential threats or risks at each site or location efficiently and effectively. Read Now

  • New Research Shows a Continuing Increase in Ransomware Victims

    GuidePoint Security recently announced the release of GuidePoint Research and Intelligence Team’s (GRIT) Q1 2024 Ransomware Report. In addition to revealing a nearly 20% year-over-year increase in the number of ransomware victims, the GRIT Q1 2024 Ransomware Report observes major shifts in the behavioral patterns of ransomware groups following law enforcement activity – including the continued targeting of previously “off-limits” organizations and industries, such as emergency hospitals. Read Now

  • OpenAI's GPT-4 Is Capable of Autonomously Exploiting Zero-Day Vulnerabilities

    According to a new study from four computer scientists at the University of Illinois Urbana-Champaign, OpenAI’s paid chatbot, GPT-4, is capable of autonomously exploiting zero-day vulnerabilities without any human assistance. Read Now

  • Getting in Someone’s Face

    There was a time, not so long ago, when the tradeshow industry must have thought COVID-19 might wipe out face-to-face meetings. It sure seemed that way about three years ago. Read Now

    • Industry Events
    • ISC West
Most   Popular

Featured Cybersecurity

Webinars

New Products

  • A8V MIND

    A8V MIND

    Hexagon’s Geosystems presents a portable version of its Accur8vision detection system. A rugged all-in-one solution, the A8V MIND (Mobile Intrusion Detection) is designed to provide flexible protection of critical outdoor infrastructure and objects. Hexagon’s Accur8vision is a volumetric detection system that employs LiDAR technology to safeguard entire areas. Whenever it detects movement in a specified zone, it automatically differentiates a threat from a nonthreat, and immediately notifies security staff if necessary. Person detection is carried out within a radius of 80 meters from this device. Connected remotely via a portable computer device, it enables remote surveillance and does not depend on security staff patrolling the area. 3

  • PE80 Series

    PE80 Series by SARGENT / ED4000/PED5000 Series by Corbin Russwin

    ASSA ABLOY, a global leader in access solutions, has announced the launch of two next generation exit devices from long-standing leaders in the premium exit device market: the PE80 Series by SARGENT and the PED4000/PED5000 Series by Corbin Russwin. These new exit devices boast industry-first features that are specifically designed to provide enhanced safety, security and convenience, setting new standards for exit solutions. The SARGENT PE80 and Corbin Russwin PED4000/PED5000 Series exit devices are engineered to meet the ever-evolving needs of modern buildings. Featuring the high strength, security and durability that ASSA ABLOY is known for, the new exit devices deliver several innovative, industry-first features in addition to elegant design finishes for every opening. 3

  • Camden CM-221 Series Switches

    Camden CM-221 Series Switches

    Camden Door Controls is pleased to announce that, in response to soaring customer demand, it has expanded its range of ValueWave™ no-touch switches to include a narrow (slimline) version with manual override. This override button is designed to provide additional assurance that the request to exit switch will open a door, even if the no-touch sensor fails to operate. This new slimline switch also features a heavy gauge stainless steel faceplate, a red/green illuminated light ring, and is IP65 rated, making it ideal for indoor or outdoor use as part of an automatic door or access control system. ValueWave™ no-touch switches are designed for easy installation and trouble-free service in high traffic applications. In addition to this narrow version, the CM-221 & CM-222 Series switches are available in a range of other models with single and double gang heavy-gauge stainless steel faceplates and include illuminated light rings. 3