Scary Days in Marketing

Cybercriminals broke into the computer systems at BJ’s Wholesale Club and and stole customer data. As a result, BJ’s faces about $13 million in private claims. And in its settlement with the Federal Trade Commission, BJ’s must submit to outside security audits for the next 20 years.

Fraud costs the retail industry an estimated $1.5 billion annually, according to the National Retail Federation.