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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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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 88
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American retailer Guess discloses data breach after ransomware attack

Security Affairs

American clothing brand and retailer Guess discloses a data breach after the February ransomware attack and is notifying the affected customers. “The investigation determined that there was unauthorized access to certain Guess systems between February 2, 2021 and February 23, 2021. Pierluigi Paganini.

Retail 94
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The bright side of data privacy compliance: 5 value-driven opportunities for retailers

Thales Cloud Protection & Licensing

The bright side of data privacy compliance: 5 value-driven opportunities for retailers madhav Thu, 08/31/2023 - 05:20 Failing to keep up with data privacy legislations, such as General Data Protection Regulation (GDPR) or the California Consumer Privacy Act (CCPA) can harm a brand’s bottom-line and public reputation. Let’s unpack this.

Retail 71
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Why Retailers Are Turning to Biometrics

HID Global

Why Retailers Are Turning to Biometrics. Mon, 10/18/2021 - 10:41. vfabbrizio.

Retail 98
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The Retail Data Threat Environment and Why CIAM is a Key Cornerstone to Better Cybersecurity.

Thales Cloud Protection & Licensing

The Retail Data Threat Environment and Why CIAM is a Key Cornerstone to Better Cybersecurity. madhav Thu, 05/11/2023 - 06:06 The retail landscape has changed significantly. Customers should be aware of the existing threats, while retailers must understand the risks associated with poor management of customer identities.

Retail 71
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Retail giant Costco discloses data breach, payment card data exposed

Security Affairs

Retail giant Costco Wholesale Corporation notified its customers of a data breach that might have exposed their payment card information. The retail giant has 737 membership-only retail stores across the U.S., it is the fifth-largest retailer in the world and the 10th-largest corporation in the country by total revenue.

Retail 97