Data Security

Since social distancing and stay-at-home orders were put in place, most major retailers have had to pivot nearly entirely to e-commerce, presenting new opportunities for cybercriminals to disrupt services and steal data. Ransomware attacks have risen by 148 percent since the pandemic started to impact the United States. Every sector is at risk, so it’s especially crucial…

Many businesses utilize the internet for revenue, but online retailers are completely dependent on it, making them especially vulnerable to cyberattacks. Since their sites and web applications must be freely accessible to the public (which includes hackers), online retailers must understand the most prevalent security threats in order to secure their web assets and retain…

Data privacy is top of mind for retailer information security, compliance and risk management officers. And for good reason. Data breaches and compliance violations can tarnish a retailer’s reputation and lead to steep regulatory fines and costly lawsuits. Target, for example, spent over $200 million on legal fees related to its headline-grabbing 2013 data breach.…

The cybercrime economy is estimated to be worth $1.5 trillion annually, with the number of new security threats soaring at an alarming rate. According to one report, 7.9 billion records were exposed in the first nine months of 2019. This compounds the burden on already stretched IT teams, who are tasked with tackling the daily…

At a time when retailers could do without more stress, the California Consumer Privacy Act (CCPA) compliance deadline of July 1 is fast approaching. Up until now, many retailers have put off CCPA compliance. COVID-19 and our remote workforces have made meeting the looming compliance deadline even more challenging. Working through the intricacies of CCPA…

Accessories retailer Claire's experienced a data breach on its e-commerce site beginning in April that compromised customer payment information, reports Bleeping Computer. The company discovered the MageCart attack on Friday, June 12 after it was revealed in a new report by cybersecurity firm Sansec. The attack consisted of hackers injecting malicious JavaScript scripts into various sections of…

Data privacy remains a hot issue for the retail sector, with more than 70 percent of shoppers in the U.S. worried about how companies use and collect their personal data. After massive data breaches at some of the nation’s largest retailers, today’s retail companies are being held to a higher standard of compliance than ever…

Overall, e-commerce sales were up 25 percent by the middle of March compared with the start of the month — and they show no sign of slowing down while people navigate the new normal of shopping. That's the good news. The bad news? An increased number of online sales comes with an even greater number of…

It’s no secret that retail has been in the midst of a massive digital transformation over the past few years, largely driven by emerging software and technology, as shoppers seek out new experiences, increased level of conveniences, and exciting loyalty-based perks and rewards. And due to current circumstances surrounding COVID-19, this has been amplified even…

As the COVID-19 outbreak continues to threaten the world economy, it has also led to some significant threats relating to cybersecurity in the retail industry. But why retail? The answer is simple. The retail industry is the hotbed for customers' personally identifiable information (PII), and is also linked to their payment data needed to complete…