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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.

Retail 83
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‘People are strange, when you’re a stranger’: A retail bank view into artificial intelligence

CGI

‘People are strange, when you’re a stranger’: A retail bank view into artificial intelligence. For the past five years, CGI has surveyed retail bank customers to identify what they want from banks, how they view alternative providers, and opportunities for further bank investment to provide banks with a view into the year ahead.

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MY TAKE: Agile cryptography is coming, now that ‘attribute-based encryption’ is ready for prime time

The Last Watchdog

Encryption is an arcane science that has long presented an irresistible challenge to the best and brightest researchers. Yet, the bottom line is that the retailer, in this scenario, really has no choice but to accept the sizable risk that a private key will eventually get brute-forced hacked, stolen or simply left out in the open.

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The New Wave of Consumer Class Actions Targeting Retailers: What is the TCCWNA?

Hunton Privacy

The very acronym evokes head scratches and sighs of angst and frustration among many lawyers in the retail industry. But what is it and why has virtually every retailer been hit with a TCCWNA class action demand letter or lawsuit in the past few months? You have probably heard about it. You may have even been warned about it.

Retail 40
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The Future of Payments Security

Thales Cloud Protection & Licensing

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. Figure 1: Web application breaches in the Retail industry. Fraud and scams move to the web. Source: Verizon DBIR 2020. Online skimming.

Security 143
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AI and Microdirectives

Schneier on Security

Similar AI-powered systems are being used by retailers in Australia and the United Kingdom to identify shoplifters and provide real-time tailored alerts to employees or security personnel. Breathalyzers are another example of automatic detection. This system would present an unprecedented threat to freedom.

Retail 86
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Customer first: New U.K. consumer duty for the financial services industry

OpenText Information Management

Have you ever been presented with stack of financial documents plastered with sticky notes and felt confused about where to sign and overwhelmed by the wording? This often happens to consumers when, for example, reviewing details about a new car lease or opening a new investment account.