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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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AI in retail and the rise of the purpose-driven consumer

IBM Big Data Hub

That retail has experienced extreme disruption in recent years is beyond questioning. Even before Covid turned the world on its head, headlines about the so-called “retail apocalypse” were near-ubiquitous in the media. Retail isn’t just big, it’s huge — the National Retail Federation expects sales to grow by as much as 13.5%

Retail 80
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Automotive parts giant AutoZone disclosed data breach after MOVEit hack

Security Affairs

American retailer and distributor of automotive parts and accessories AutoZone discloses a data breach after a MOVEit attack. AutoZone is an American retailer and distributor of automotive parts and accessories. The company is one of the largest aftermarket automotive parts and accessories retailers in the United States.

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Retail has a multi-cloud problem…with sensitive data

Thales Cloud Protection & Licensing

Digital transformation (DX) is fundamentally impacting all aspects of the economy across every industry, and nowhere is this truer than in retail. Analysis of this year’s results showed that the percentage of retailers increasing IT security spending declined. Top analyst recommendations from the report.

Retail 54
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FIN11 gang started deploying ransomware to monetize its operations

Security Affairs

” reads the analysis published by FireEye. ” reads the analysis published by FireEye. Mandiant researchers highlighted an important with operations conducted by the TA505 cybercrime gang (aka Evil Corp ), which has been active since 2014 focusing on retail and banking sectors. ” reads the analysis.

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Magecart cybercrime group stole customers’ credit cards from Newegg electronics retailer

Security Affairs

Magecart hackers have stolen customers’ credit card data from the computer hardware and consumer electronics retailer Newegg. The Magecart cybercrime group is back, this time the hackers have stolen customers’ credit card data from the computer hardware and consumer electronics retailer Newegg. ” reported Volexity.

Retail 77
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Nefilim ransomware gang published Luxottica data on its leak site

Security Affairs

As a vertically integrated company, Luxottica designs, manufactures, distributes and retails its eyewear brands, including LensCrafters, Sunglass Hut, Apex by Sunglass Hut, Pearle Vision, Target Optical, Eyemed vision care plan, and Glasses.com. Luxottica Group S.p.A. Its best known brands are Ray-Ban, Persol, and Oakley. Pierluigi Paganini.