Data Security

3 Things Retailers Should Do to Get Ready for GDPR
April 6, 2018 at 12:28 pm

If you’re a retailer, you know that, thanks to technology and customer expectations, you’re in a sink-or-swim industry. “Chore” vs. “cherish” shopping, chatbots for customer service and product information, data-driven social media marketing campaigns … these challenges are just a drop in your bucket. Starting May 25, there will be another hurdle: GDPR, the regulations…

Sears Hit by Customer Data Breach
April 5, 2018 at 12:52 pm

Sears Holdings Corp. said on Wednesday some of its customer payment information may have been exposed in a cybersecurity data breach at software service provider [24]7.ai, which provides online support services for Sears. In a statement on its blog, Sears said it was notified of the incident in mid-March, and the incident led to unauthorized access…

Hudson's Bay Confirms Data Breach at Stores Including Saks, Lord & Taylor
April 2, 2018 at 12:02 pm

Hackers stole information for more than 5 million credit and debit cards used at certain Saks Fifth Avenue, Saks Off 5th and Lord & Taylor stores. Hudson's Bay Company (HBC), which owns the retail chains, confirmed the breach Sunday, and said it has "identified the issue, and has taken steps to contain it." In the…

The Cost of Network Downtime Extends Beyond the Bottom Line
April 2, 2018 at 11:17 am

A reliable internet connection is every retailer’s lifeline. When network downtime occurs, it costs retailers more than just missed sales, as retailers rely on fast and stable internet to operate point-of-sale systems, security systems, inventory databases, digital signage and more. To better understand the true impact of downtime for retailers, Accelerated Concepts, a Digi International…

150M MyFitnessPal Accounts Hacked, Under Armour Says
March 30, 2018 at 12:12 pm

Another retailer's data has been hacked. Under Armour Inc. said about 150 million user accounts tied to its MyFitnessPal nutrition-tracking app were breached earlier this year. Fortune reports an unauthorized party stole data from the accounts in late February. Under Armour became aware of the breach earlier this week and took steps to alert users about the…

How Grocery Retailers Can Work Towards GDPR Compliance
March 21, 2018 at 1:43 pm

The General Data Protection Regulation (GDPR) is an important topic of conversation for U.S. companies as they prepare to comply with the new international regulations. The GDPR was adopted on April 27, 2016, and allotted a two-year post-adoption grace period for food retailers to strategize and implement their compliance initiatives. With only three months left…

Artificial Intelligence is the Answer to Retail’s Cyber Threats
March 14, 2018 at 6:08 pm

As the cyber threat landscape continues to grow — and threat actors increasingly steal data, commit acts of fraud, and expand retailer losses — it’s time for the retail industry to rethink its cybersecurity strategies and shift the focus to the protection of online outlets. As many have seen, news of point-of-sale malware has increasingly…

Mobile Security Index 2018: An In-Depth Look at the Risks and What You Can Do About Them
March 8, 2018 at 4:16 pm

Mobile connectivity is behind many of today’s big organizational changes — e.g., digital transformation and the Internet of Things (IoT) — that are impacting processes and people across all industries. Verizon’s inaugural Mobile Security Index seeks to create awareness about the growing security threats and the critical need to safeguard data as organizations become increasingly reliant on enterprise mobility for business operations.

How Retailers Can Protect Consumer Data
February 21, 2018 at 9:45 am

Customer information yields incredible power for today’s data-driven retailers. Yet with growing volumes of individual consumer data flowing across the network, cybercriminals are eager to exploit both online and offline vulnerabilities. Customer relationship management (CRM) analytics platforms fuel highly personalized, targeted marketing campaigns and programs, driving top-line and bottom-line results. But whether it’s being transported…

Social Mobile Shopping: A Fraudster's Perspective
January 25, 2018 at 9:20 am

As we begin a new year, it’s time to reflect on what changed in the last 12 months. What worked and what didn’t? Is your retail business keeping up with shifting consumer behaviors? My main observation is that social mobile shopping by millennials is by far the most important trend, presenting a fantastic opportunity that we…