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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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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.

Retail 132
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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 company investigated the security breach with the help of a cybersecurity forensic firm that determined that unauthorized actor had access to personal information stored into Guess systems.

Retail 97
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Top 12 Cloud Security Best Practices for 2021

eSecurity Planet

From the very beginning of the cloud computing era, security has been the biggest concern among enterprises considering the public cloud. In addition, 95 percent of survey respondents confirmed that they are extremely to moderately concerned about public cloud security. What is cloud security?

Cloud 130
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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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Data breaches and cyber attacks quarterly review: Q3 2021

IT Governance

Welcome to our third quarterly review of security incidents for 2021, in which we take a closer look at the information gathered in our monthly list of cyber attacks and data breaches. IT Governance discovered 266 security incidents between July and September 2021, which accounted for 185,721,284 breaches records.

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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. Costco discovered the security breach after its staff spotted a card skimming device in one of its warehouses as part of a routine check. Don’t use your cards at Costco in Inglewood !

Retail 103