Data Security
May 15, 2017 at 10:53 am
Brooks Brothers said Friday it recently became aware of a security incident, which could impact the payment card information of customers who purchased items at its stores between April 4, 2016 and March 1. The upscale men's apparel retailer said the identified malicious software could have impacted users’ names, payment card account numbers, card expiration dates…
May 15, 2017 at 10:18 am
The modern marketplace has increasingly shifted toward the internet, which is great for online retailers and businesses. Unfortunately, however, cybercrime has exploded in recent years, and it isn't just large corporations feeling the heat. More than 60 percent of online attacks target small and midsized businesses. To prepare and guard against this new reality, consider…
May 10, 2017 at 2:14 pm
Staples announced this week that Brett Wahlin has been appointed to the role of chief information security officer (CISO). In this new role, Wahlin will be responsible for global enterprisewide information, product and data security, and will be key in the digital transformation of Staples’ business. Wahlin’s responsibilities expand beyond traditional cyber security into product development, connected devices,…
May 2, 2017 at 10:56 am
E-commerce has become big business for a rapidly expanding ecosystem of internet retailers. A recent survey found that eight out of 10 Americans consider themselves online shoppers, and most make half of their purchases on the web now. With this growth comes a downside — more opportunity for cyber attacks. As retailers expand their businesses…
May 1, 2017 at 1:19 pm
The Home Depot is currently investigating how and why a spreadsheet listing about 8,000 customers, along with their transaction data and a range of personal information, was posted for an unknown amount of time on a Home Depot website. No financial data was part of the list, which didn't compare with the 2014 data breach…
May 1, 2017 at 11:02 am
Call it optimism or just human nature — retailers, like most people, don’t like to spend a lot of time thinking about unseen threats. A series of painful breaches a few years ago forced the industry to wake up to the dangers of cyber crime and implement new measures to address and control online risks,…
April 17, 2017 at 9:22 am
Innovation has exploded in the retail space, with the rise of connected devices and the Internet of Things (IoT) driving major transformations in the way people live and work. With wide scale industry development and demand, the connected retail market is projected to be worth $53.75 billion by 2022. The huge potential for IoT in…
April 12, 2017 at 9:32 am
As the Easter sales season wraps up, online merchants are forming strategies to draw consumers to their sites. For e-commerce merchants striving to maintain a competitive edge this spring, intelligence will be a key contributor to their success. "Big data" is a buzzword that's oft mentioned, but merchants which effectively leverage the data generated by…
April 11, 2017 at 11:59 am
Hackers are targeting the growing population of third-party sellers on Amazon.com, using stolen credentials to post fake deals and steal cash. In recent weeks, attackers have changed the bank-deposit information on Amazon accounts of active sellers to steal tens of thousands of dollars from each, according to several sellers and advisers. Attackers also have hacked into the…
April 10, 2017 at 12:10 pm
GameStop said last week that it's investigating a potential security breach on its website involving customer data and credit cards. The hacks reportedly took place between September 2016 and February of this year. The breach could include credit card numbers, expiration dates, names, addresses and three-digit card verification numbers. "GameStop recently received notification from a…
