Employee Loss Prevention (ELP) is a critical component of any business strategy that seeks to protect its assets. ELP is the process of identifying, predicting, evaluating and mitigating risks associated with employee behaviors or activities that could potentially lead to material losses for the organization. This includes threats of theft, fraud, embezzlement, unauthorized access to sensitive information, workplace violence and misuse of company resources. By leveraging proactive measures such as employee monitoring, security protocols, training and audits, businesses can reduce their risk while also protecting their employees and creating an environment where they feel safe and secure.