Data Security
Just as our devices are getting smarter, so are the hackers trying to break into them. Cybercrime will cost the world in excess of $6 trillion annually by 2021, according to a report by Cybersecurity Ventures. While this costly crime affects a multitude of players in retail โ including consumers, credit card processors and merchantsโฆ
The way we shop is changing, so itโs only natural that retailers would change their approach to fit consumer demands. According to Worldpay, omnichannel shoppers spend between 50 percent to 300 percent more than single-channel shoppers. However, the tactics online retailers are adopting are surprisingly similar. In fact, theyโre starting to act a little moreโฆ
We often talk about false positives in terms of cost, but what exactly is that cost? This story showcases the hidden price you pay by blocking good users. Like most people, Iโm constantly engaging with the online world. I buy products and leave restaurant reviews on my computer at home, but I also browse sites, makeโฆ
A collection of the top tips featured in Total Retailโs magazine and e-newsletters this year, from content marketing to inventory management to merchandising, and much more.
Is payment fraud getting you down? If so, it's easy to see why: 73 percent of companies were targets of payment fraud in 2015. Simply put, it's no longer a question of โifโ your business will get targeted, but when and how hard. You can protect your business, prevent chargebacks and avoid the loss ofโฆ
Whole Foods, which was recently acquired by Amazon.com, said Thursday that hackers were able to gain access to customersโ credit card information who have made purchases from some of its taprooms and restaurants. CNN reports the organic grocery company didn't disclose the locations of the restaurants and taprooms that were targeted, as well as how manyโฆ
Study after study of online shopping behavior has repeatedly confirmed what you already know intuitively: When consumers reach your e-commerce site for the first time, they expect to find some sort of independent verification that your company is reputable and trustworthy. New visitors might scan your site for testimonials, for example, to reassure themselves thatโฆ
This new benchmark report measures the impact digital malware has on e-commerce retailers. The data in the report is drawn from Namogooโs monitoring of 500 million website sessions across a range of industries over a six-month period (January 2017 โJune 2017). The report outlines the current infection rate of consumer machines, the rate of infected online sessions, causes for fluctuation, and guidance on how online businesses can protect the customer journey and win back lost revenue.
Consumers, financial organizations and retailers alike are still reeling from Equifaxโs announcement of a data breach that may have affected 143 million Americans, as well as other consumers in the UK and Canada. Itโs not the largest data breach โ last year Yahoo admitted to a breach affecting as many as 1.5 billion customers โโฆ
Just as with great power comes great responsibility, with major advances in technology come ever-changing, ever more inventive ways of upending it. Hacking and other cyberattacks are at least as much of a cybersecurity threat to retail as to other industries, in that they touch millions of consumers and the well-being of their identities andโฆ