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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 85
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The Future of Payments Security

Thales Cloud Protection & Licensing

The Future of Payments Security. The Verizon DBIR 2020 report indicates that financially motivated attacks against retailers have moved away from Point of Sale (POS) devices and controllers, towards web applications. As the infrastructure changes, the adversaries change along with it to take the easiest path to data.

Security 143
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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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Are Data Breaches the New Reality for Retail?

Thales Cloud Protection & Licensing

As digital transformation takes hold, the retail industry is under siege from cyber criminals and nation states attempting to steal consumers’ personal information, credit card data and banking information. senior retail IT security managers and 96 IT security managers from retailers across the globe.

Retail 66
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IBM and TechD partner to securely share data and power insights with gen AI

IBM Big Data Hub

A coordinated partnership: How these tools work together By using IBM Db2, IBM watsonx Assistant and NeuralSeek, we offer a comprehensive solution that streamlines data management, enhances accessibility, and helps to ensure security and integrity across your enterprise.

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It’s time to think twice about retail loyalty programs

Thales Cloud Protection & Licensing

As I was starting to write this blog, yet another retail program data breach occurred, for Marriott’s Starwood loyalty program. But it looks like my own personal data has been breached – again. To make a long story short – the top reason that they didn’t invest in data security was “lack of perceived need” at 52%.

Retail 66
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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. But DX also introduces the potential to put sensitive customer and corporate data at risk by fundamentally changing where data needs to be protected and how it needs to be secured.

Retail 54