Security loss prevention is an important business function that can help companies reduce risk, prevent theft, and increase overall business security. It is usually used in retail outlets, but other industries such as manufacturing, transportation, hospitality and catering can also hire loss prevention professionals.
Loss prevention experts help companies deal with internal and external threats, help companies expand their reach and prevent crime.

While loss prevention was once primarily related to physical jobs preventing shoplifting in retail spaces, it continues to grow. Loss prevention may also refer to data protection and safety and risk management.
Many loss prevention professionals evaluate stores to identify potential hazards or risks to safety. Loss prevention may include completing inventory audits to monitor for any discrepancies.

