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Crooks stole €15 Million from European retail company Pepco

Security Affairs

million from the European variety retail and discount company Pepco through a phishing attack. The Hungarian business of the European discount retailer Pepco Group has been the victim of a phishing attack, crooks stole about 15 million euros ($16.3 Crooks stole €15.5 ” reads the press release published by the company.

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Colonoscopy Prep Retail Website Breach Festered for Years

Data Breach Today

Personal Data of 244,000 in Flux After Malware Probe of Gastroenterologist Vendor A Kansas-based vendor is notifying nearly 250,000 patients that their payment card and other personal information may have been compromised in a hacking incident that dates back to 2019 and involves its colonoscopy prep kit online retail business.

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Security AI and automation are key in protecting against costly data breaches for retailers and consumer goods businesses

IBM Big Data Hub

The rise of online commerce over the last two decades has completely transformed the retail and consumer goods industries—and with smartphone adoption accelerating globally, the share of shopping done via the internet will only continue to expand. For retail, the average data breach studied cost $2.96

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British Retailer WH Smith Discloses Breach of Employee Data

Data Breach Today

Website Unaffected and No Customer Accounts or Databases Exposed, Company Reports High street retailer WH Smith reports that it suffered a hack attack that led to the exposure of current and former employees' personal data, but no exposure of customer data or website disruption.

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Are Retailers Shopping for a Cybersecurity Breach?

Thales Cloud Protection & Licensing

Are Retailers Shopping for a Cybersecurity Breach? Retailers started the century as the prime targets for cyber attackers looking for credit card data. Today, unfortunately, retailers are again coming back to the spotlight. Similar to many organizations, 36% of retail respondents cited human error as the leading threat.

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Cactus RANSOMWARE gang hit the Swedish retail and grocery provider Coop

Security Affairs

The Cactus ransomware group claims to have hacked Coop, one of the largest retail and grocery providers in Sweden. Coop is one of the largest retail and grocery providers in Sweden, with approximately 800 stores across the country. The stores are co-owned by 3.5 million members in 29 consumer associations.

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Retailers can tap into generative AI to enhance support for customers and employees

IBM Big Data Hub

As the retail industry witnesses a shift towards a more digital, on-demand consumer base, AI is becoming the secret weapon for retailers to better understand and cater to this evolving consumer behavior. Retailers recognize the need to build their strategies around AI, integrating it into many aspects of their operations.

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