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Crooks stole €15 Million from European retail company Pepco

Security Affairs

million from the European variety retail and discount company Pepco through a phishing attack. The Hungarian business of the European discount retailer Pepco Group has been the victim of a phishing attack, crooks stole about 15 million euros ($16.3 Crooks stole €15.5 ” reads the press release published by the company.

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Are Retailers Shopping for a Cybersecurity Breach?

Thales Cloud Protection & Licensing

Are Retailers Shopping for a Cybersecurity Breach? Retailers started the century as the prime targets for cyber attackers looking for credit card data. Today, unfortunately, retailers are again coming back to the spotlight. Similar to many organizations, 36% of retail respondents cited human error as the leading threat.

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Fashion retailer Forever 21 data breach impacted +500,000 individuals

Security Affairs

Fashion retailer Forever 21 disclosed a data breach that exposed the personal information of more than 500,000 individuals. On March 20, 2023, the fashion retailer Forever 21 has discovered a cyber incident that impacted a limited number of systems. The retailer also notified law enforcement.

Retail 112
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Volvo retailer leaks sensitive files

Security Affairs

The Brazilian retail arm of car manufacturing giant Volvo leaked sensitive files, putting its clientele in the vast South American country in peril. Volvo’s retailer in Brazil, Dimas Volvo, leaked sensitive files through its website. website, belonging to an independent Volvo retailer in the Santa Catarina region of Brazil.

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Retailers can tap into generative AI to enhance support for customers and employees

IBM Big Data Hub

As the retail industry witnesses a shift towards a more digital, on-demand consumer base, AI is becoming the secret weapon for retailers to better understand and cater to this evolving consumer behavior. Retailers recognize the need to build their strategies around AI, integrating it into many aspects of their operations.

Retail 94
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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 116
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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.

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