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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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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. With worldwide e-commerce sales totals expected to reach $8.1

Retail 88
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Here’s Why Credit Card Fraud is Still a Thing

Krebs on Security

McCoy and fellow NYU researchers found BriansClub earned close to $104 million in gross revenue from 2015 to early 2019, and listed over 19 million unique card numbers for sale. Ditto for the relatively few corporate and business cards for sale. merchants to continue allowing customers to swipe the stripe instead of dip the chip.

Sales 332
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COVID-19 ‘Breach Bubble’ Waiting to Pop?

Krebs on Security

Global lockdowns from COVID-19 have resulted in far fewer fraudsters willing or able to visit retail stores to use their counterfeit cards, and the decreased demand has severely depressed prices in the underground for purloined card data. Alforov said the median price for card-present data has dropped precipitously over the past few months.

Sales 305
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Commerce strategy: Ecommerce is dead, long live ecommerce

IBM Big Data Hub

Early on, ecommerce marketing strategies touted the novelty of tax-free, online-only retailing that incentivized consumers to select an online channel both for convenience and better pricing options. Is the user experience intuitive and cohesive regardless of whether a customer is shopping at an online sale or in a store?

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Wawa Breach May Have Compromised More Than 30 Million Payment Cards

Krebs on Security

Two sources that work closely with financial institutions nationwide tell KrebsOnSecurity the new batch of cards that went on sale Monday evening — dubbed “BIGBADABOOM-III” by Joker’s Stash — map squarely back to cardholder purchases at Wawa. Gemini monitors multiple carding sites like Joker’s Stash.

Sales 305
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Discovery to delivery: Transform the shopper’s journey

IBM Big Data Hub

The challenges of keeping a promise The challenge is particularly true in highly competitive areas like omnichannel retail or even B2B domains—wholesale distribution and dealer-based after-market parts. It becomes very challenging to uphold the promise when so much is changing in the processes that trigger demand and supply.

B2B 83