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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.

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Data privacy examples

IBM Big Data Hub

An online retailer always gets users’ explicit consent before sharing customer data with its partners. These are just some examples of how organizations support data privacy , the principle that people should have control of their personal data, including who can see it, who can collect it, and how it can be used.

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Who’s Behind the NetWire Remote Access Trojan?

Krebs on Security

A Croatian national has been arrested for allegedly operating NetWire , a Remote Access Trojan (RAT) marketed on cybercrime forums since 2012 as a stealthy way to spy on infected systems and siphon passwords. The arrest coincided with a seizure of the NetWire sales website by the U.S. Federal Bureau of Investigation (FBI).

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Multiple Retailers Sued Under CCPA for Sharing Data Used to Identify Fraudulent Returns

Hunton Privacy

Earlier this year, The Retail Equation, a loss prevention service provider, and Sephora were hit with a class action lawsuit in which the plaintiff claimed Sephora improperly shared consumer data with The Retail Equation without consumers’ knowledge or consent. Privacy Litigation , N.D.

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IRS To Ditch Biometric Requirement for Online Access

Krebs on Security

The Internal Revenue Service (IRS) said today it will be transitioning away from requiring biometric data from taxpayers who wish to access their records at the agency’s website. 19, KrebsOnSecurity published the story IRS Will Soon Require Selfies for Online Access , detailing a rocky experience signing up for IRS access via ID.me.

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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.

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FTC Reminds AI Companies to Uphold Privacy Commitments

Hunton Privacy

An example of a “model-as-a-service” company the FTC describes is a business that develops large language models (“LLMs”) and sells access to them to online retailers for use as customer service chatbots.

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