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Mideast Retailers Dogged by Scam Facebook Pages Offering 'Investment' Opportunities

Dark Reading

Around 900 pages were identified as using Arabic language and familiar brand names to snare users and steal their money and personal details — presenting big brand protection issues for retailers.

Retail 94
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Card-Not-Present Fraud Growth: No End in Sight?

Data Breach Today

Card-not-present fraud will cost retailers worldwide $130 billion between 2018 and 2023, a new report from Juniper Research predicts. Steffen Sorrell, author of the study, explains the reasons behind this growth projection and describes what can be done to improve the fight against fraud.

Retail 204
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Black Friday and Cyber Weekend: Navigating the Tumultuous Waters of Retail Cybersecurity

Thales Cloud Protection & Licensing

Black Friday and Cyber Weekend: Navigating the Tumultuous Waters of Retail Cybersecurity sparsh Tue, 11/21/2023 - 05:01 As global consumers gear up for the much-anticipated shopping bonanza that is Black Friday and Cyber Weekend, retailers brace themselves for the frenzied onslaught of shoppers and the deluge of cyber threats lurking in the shadows.

Retail 83
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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

Retail 87
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Magecart cybercrime group stole customers’ credit cards from Newegg electronics retailer

Security Affairs

Magecart hackers have stolen customers’ credit card data from the computer hardware and consumer electronics retailer Newegg. The Magecart cybercrime group is back, this time the hackers have stolen customers’ credit card data from the computer hardware and consumer electronics retailer Newegg. ” reported Volexity.

Retail 77
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COVID-19 ‘Breach Bubble’ Waiting to Pop?

Krebs on Security

Global lockdowns from COVID-19 have resulted in far fewer fraudsters willing or able to visit retail stores to use their counterfeit cards, and the decreased demand has severely depressed prices in the underground for purloined card data. Alforov said the median price for card-present data has dropped precipitously over the past few months.

Sales 307
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The challenge ahead for water retailers

CGI

The challenge ahead for water retailers. Before we all breathe a collective sigh of relief, let’s take a quick look at other markets to get a glimpse of what my lay in store for retailers in this market. New entrants present a challenge to the incumbents and are starting to gain market share. premanath.puch….

Retail 40