How data breaches are affecting the retail industry

IT Governance

Only time will tell – and we may not have to wait long – but in the meantime, what is the impact of data breaches in the retail industry, and what needs to be done to mitigate them? World-famous retailer Fortnum & Mason suffered a data breach , affecting 23,000 of its customers, through a Typeform service used to collect votes for one of the categories in its food and drink awards. Despite the prospect of fines and other penalties, many retailers are still not PCI-compliant.

Mainframes, Freight Trains and Education Pains

Rocket Software

To be fair, I was in school in the early aughts, from 2001 to 2004; this type of talk was fully accepted. The numbers are certainly out there, and those of us who work in big financial and retail can tell you that they haven’t declined the way others had expected them to.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

PCI DSS: Lessons to learn from recent payment card breaches

IT Governance

What happened: In July 2018, the electronics retailer confirmed that 105,000 customers’ payment card details had been compromised , because they didn’t have chip-and-PIN protection. Unveiled in 2004, the PCI DSS is the result of a collaboration between major credit card brands (American Express, Discover, JCB, Mastercard and Visa) and aims to facilitate the broad adoption of consistent data security measures involved in payment card processing.

Why you should be concerned about payment card data breaches

IT Governance

The electrical retailer admitted to a breach involving 5.9 It was unveiled in 2004 to facilitate the broad adoption of consistent data security measures involved in payment card processing. In this blog, we look at the ongoing threat of debit and credit card fraud, explaining why it appeals to cyber criminals, what they do with the stolen information and how implementing the requirements of the PCI DSS (Payment Card Industry Data Security Standard) can thwart crooks’ schemes.

Paper 40

Self-service checkouts - love them or hate them, its all about the customer

ChiefTech

Self-service checkouts in supermarkets and other retails shop fronts are fascinating on so many levels - from their design to the ethical dilemma of replacing people with machines. Writing recently recently in Computerworld, Patrick Thibodeau reports that while some retailers in the US are installing more self-service technology, others are now removing them. Some retail firms use self-service to reduce overhead costs; others use it to put more employees on the floor.

No, In Fact, We Haven't Seen This Movie Before

John Battelle's Searchblog

Remember, Google went public in 2004 at under $100, and nearly everyone thought the company was overvalued. Back in the dot com era, most retail Internet investors were buying on the come, on promises that the hand waving and affirmations of Web 1.0 Thanks to monster private financings from Groupon and Facebook, as well as the promise of major IPOs from Demand, LinkedIn, Zynga and others, the predictable "watch out, here we go again" buzz is rising up in the press.

GOOG's A Steal Sez Analyst: Q4 Insight From Redacted Blog Post?

John Battelle's Searchblog

Wait, where are we, in 2004?! A recent post on the official Google Retail blog referenced some encouraging e-Commerce/paid click trends for the Black Friday through Cyber Monday period, both in terms of broader e-Commerce (cited from comScore) but also GOOG's internally-tracked paid click growth for Cyber Monday in several key retail categories, many of which were up double-digits vs. the year ago period. A price target of 450! Wow, that's like way above where it is now.

Open Banking: going beyond compliance

CGI

At the moment, the scope in the UK is aimed at current accounts and payments initiation (Retail and SME customers), but it will certainly be expanded to accommodate other banking products and payment types. Open Banking: going beyond compliance. pooja.cs@cgi.com. Wed, 12/12/2018 - 02:22. Over the last 2 years, the term “Open Banking” has been (over)used as a proxy to describe all sorts of innovations happening in the industry.

The Good, Bad, And The Ugly: Key Takeaways From California’s New Privacy Law

Privacy and Cybersecurity Law

Because Business and Professions Code § 17206 was enacted by the voters through Proposition 64 in 2004, and cannot be amended through legislation pursuant to the California Constitution (Article II, § 10), the current penalty provision may be void. Consumer privacy rights in California are well established. The California Constitution expressly grants California citizens a right to privacy.

The Good, Bad, And The Ugly: Key Takeaways From California’s New Privacy Law

Privacy and Cybersecurity Law

Because Business and Professions Code § 17206 was enacted by the voters through Proposition 64 in 2004, and cannot be amended through legislation pursuant to the California Constitution (Article II, § 10), the current penalty provision may be void. Consumer privacy rights in California are well established. The California Constitution expressly grants California citizens a right to privacy.