Data Security
August 27, 2015 at 12:02 pm
There are still several weeks of summer fun, but consumers are already fast-forwarding to the winter months and starting their holiday shopping. In fact, several retailers have already started offering holiday deals to beat the November and December rush. For example, Amazon.com launched Prime Day in July, and consumers ordered more than 34.4 million items,…
August 26, 2015 at 11:35 am
The Securities and Exchange Commission (SEC) decided not to penalize Target Corp. for the 2013 cyberattack that led to the exposure of millions of customers’ data, the company said Tuesday. The agency was one of several governmental entities to investigate the retailer in the wake of the attack, one of the largest against a U.S. company. In…
August 20, 2015 at 4:04 pm
Following the flood of recent data breaches, many may be wondering how or why companies are still inadvertently allowing data to be compromised, despite the vast security measures available to them today. The truth is that many blackhats looking to enter a system identify insecure remote access. In fact, the Department of Homeland Security brief…
August 19, 2015 at 2:46 pm
A settlement between Target Corp. and Visa Inc. moves the retailer a step closer to resolving most of the financial claims against it from the 2013 data breach. However, an attorney representing banks and other card issuers and a trade group representing credit unions pressed Target for more. Under the settlement announced Tuesday, Target will…
August 7, 2015 at 5:17 pm
One of the worst feelings a retailer can have is when a customer is ready to buy a product, but you don't have it in stock. Yes, they can be directed to a sister store or check online, but today's shoppers can easily take their dollars elsewhere. Another real problem is the overbuying of product,…
July 31, 2015 at 2:46 pm
Two Californians were criminally charged over their alleged roles in a conspiracy to steal 94,000 credit and debit card numbers from Michaels Companies Inc customers, in a prominent 2011 cyberattack affecting the largest U.S. arts and crafts retailer. The charges against Angel Angulo, 25, of Riverside, and Crystal Banuelos, 28, of Bloomington, were announced on…
July 27, 2015 at 3:47 pm
It took luxury-goods makers about a decade to realize that the internet represented an opportunity. Now, they’re finally figuring out it’s also a threat. As companies from LVMH Moet Hennessy Louis Vuitton SE to Kering SA increasingly sell online, top brands are stepping up efforts to combat web sales of counterfeit and grey-market goods. Gucci…
July 21, 2015 at 2:00 pm
Costco Wholesale, Sam's Club and a handful of other large retailers have disabled their online photo printing stores in recent days, on concerns about a possible data breach at PNI Digital Media, which manages and/or hosts photo services sites.
July 20, 2015 at 2:29 pm
CVS and Wal-Mart Canada said on Friday that a data breach at a Canadian information technology vendor may have leaked credit card information from their online photo processing websites, possibly compromising data on millions of users. The two retailers have temporarily shut down their online photo processing services and related mobile services, and are investigating…
July 15, 2015 at 3:57 pm
The freshness of mobile transactions has become both an asset and a pitfall. Mobile payments are on the rise. The ease of use and excitement of convenience allow for shoppers to feel differently about spending money. The ability to use an app on their cellphone that's already in their hand makes making payments not only…
