Digital Transformation In Retail: The Retail Apocalypse

erwin

Much like the hospitality industry , digital transformation in retail has been a huge driver of change. In fact, the retail market was expected to grow by more than 3 percent in 2018 , unemployment is low, and wages are at least stable.

Hack of Japanese Retailer Exposes 460,000 Customer Accounts

Data Breach Today

Fast Retailing Says Credential Stuffing Suspected Fast Retailing, the parent company of several of Japan's biggest retail clothing chains, is warning customers of an attack that exposed email addresses and partial credit card information of more than 460,000 of the company's customers.

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Magecart Spies Payment Cards From Retailer Vision Direct

Data Breach Today

Card-Sniffing JavaScript Posed as Google Analytics Script on Retailer's Sites Online contact lens retailer Vision Direct says it suffered a data breach that exposed customers' names and complete payment card details.

Retail 220

Data: E-Retail Hacks More Lucrative Than Ever

Krebs on Security

Traditionally, the average price for card data nabbed from online retailers — referred to in the underground as “ CVVs ” — has ranged somewhere between $2 and $8 per account.

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Digital transformation in retail

OpenText Information Management

Digital transformation can deliver incredible results but some organizations can be blinded by the potential of digital technologies and miss the important … The post Digital transformation in retail appeared first on OpenText Blogs.

Shifts in the Retail Fraud Landscape

Data Breach Today

has transformed the card fraud landscape, with a major shift to online channels, says Shamoun Siddiqui, CISO at retailer Neiman Marcus Shamoun Siddiqui, CISO at Neiman Marcus, Highlights Emerging Fraud Schemes The rollout of EMV in the U.S.

Retail 130

Cybercriminals Target Budding Cannabis Retailers

Dark Reading

Companies in the young, rapidly growing industry are targeted for sensitive information they store and immature security practices

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Four important questions that AI can help retailers answer

OpenText Information Management

In my previous blog, I looked at how quickly Artificial Intelligence (AI) is rapidly becoming a part of the retail experience. So, where can AI most help retailers?

Retail 101

Retail execution with SAP DAM

OpenText Information Management

The battle is called retail execution. Securing shelf space is not cheap and persuading retailers to take your products means convincing them your product is … The post Retail execution with SAP DAM appeared first on OpenText Blogs. Customer Experience Management Enterprise Content Management Information Management Omni-Channel cem dam digital asset management Hybris OpenText Retail Execution SAP SAP Customer Experience SAP DAM

Retail in 2019 needs security precautions

Thales eSecurity

As the retail industry follows suit with today’s digital transformation, customer expectations are at an all-time high. Retailers are looking to address these demands with interconnected experiences to give customers more personalized and immediate experiences both in-stores and online.

Facial Recognition Is Coming to Retail

Schneier on Security

anonymity facerecognition privacy retailSummary article.

Collaboration (not cost) must drive supplier relations in retail

OpenText Information Management

The relationship between retailers and suppliers has not always been the greatest. The drive for the best possible prices has led to retailers failing to receive the optimum value from their supply chain.

Retail Banks’ Lofty Goals and Where to Start

InfoGoTo

Retail banks in the United States face a whole host of challenges including customer confidence, regulatory compliance, attracting new customers, cybersecurity, utilizing big data and mastering social media, to name a few. Given these challenges, it’s not so surprising that retail banks would align their priorities with these challenges. According to an article by The Financial Brand , retail banks’ top priorities include: using big data, AI and advanced analytics.

PCI Security Council, Retail ISAC Warn Retailers on Magecart Attacks

Dark Reading

Online card-skimming activities grew sharply this summer fueled by the availability of attack kits and other factors, Malwarebytes says

Jamf Now hits Apple Retail Stores

Jamf

The Jamf Now Getting Started Kit is now available in Apple Retail Stores — making Jamf Now the only mobile device management (MDM) solution sold through Apple Retail.

MDM 87

DPIAs for retail and hospitality 

IT Governance

It’s relevant for everyone, including retail and hospitality. Retail and hospitality organisations will likely need to conduct several to cover all their processes, both new and existing. Common activities for retail and hospitality requiring DPIAs. To give an idea of what activities may require a DPIA in real terms for the retail and hospitality sectors, here is a non-exhaustive list: CCTV.

Retail Fraud Spikes Ahead of the Holidays

Dark Reading

Researchers note massive increases in retail goods for sale on the black market, retail phishing sites, and malicious applications and social media profiles

7 reasons why retail mobile technology is growing in 2019

Jamf

According to a recent study Jamf commissioned, here are 7 reasons why retail mobile technology is growing in 2019. A powerful Mobile Device Management (MDM) system is key to keeping it all running smoothly

MDM 78

4 Crucial Tips for Maintaining a Web Application Firewall for Retail

Daymark

Retailers are under intense competition to deliver personal, seamless and differentiated on-line shopping experiences to ensure customer loyalty and drive growth. And while a retailer’s website must be extremely responsive and meet high user expectations, it must also be highly secure.

Top 6 predictive analytics software benefits for the Retail industry in 2019

OpenText Information Management

The retail industry is extremely competitive with traditional brick-and-mortar retailers under pressure from online services such as Amazon. … The post Top 6 predictive analytics software benefits for the Retail industry in 2019 appeared first on OpenText Blogs.

How data breaches are affecting the retail industry

IT Governance

Only time will tell – and we may not have to wait long – but in the meantime, what is the impact of data breaches in the retail industry, and what needs to be done to mitigate them? Despite the prospect of fines and other penalties, many retailers are still not PCI-compliant.

Retailers are tracking where you shop -- and where you sleep

Information Management Resources

Retailers are following the trail of electronic bread crumbs left by millions of customers. Customer data Retailers Retail industry Consumer goods industryAnd it’s helping them at a time when the industry is suffering.

Leading Malaysian retail chain digitally transforms accounts payable operations

OpenText Information Management

For one of Malaysia’s largest retail chains, the answer was to leverage the OpenText™ Suite for SAP®. With 78 retail stores in Malaysia, Mydin Mohamed Holdings Berhad (MYDIN) is a household name.

How my Apple Watch gave me a window into a world of IoT in Retail

OpenText Information Management

So far, the Retail sector has been slow to embrace IoT but it’s beginning to happen. Buying an Apple … The post How my Apple Watch gave me a window into a world of IoT in Retail appeared first on OpenText Blogs. Analytics B2B Integration Business Network Customer Experience Management Omni-Channel Supply Chain Customer Experience internet of things IoT retail supply chain supply chain collaboration

GDPR. Forget bitcoin, data is the new currency of retail

OpenText Information Management

Forget bitcoin, data is the new currency of retail appeared first on OpenText Blogs. Compliance B2B B2B Commerce Data data privacy data protection EIM GDPR gdpr readiness General Data Protection Regulation new business models personal data retail

Putting AI-enhanced analytics at the heart of retail customer experience

OpenText Information Management

The cell had worked out this was a trip … The post Putting AI-enhanced analytics at the heart of retail customer experience appeared first on OpenText Blogs. Last Sunday, my husband and I went to visit our daughter.

Are Data Breaches the New Reality for Retail?

Thales eSecurity

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. retailers experiencing a breach in the last year.

It’s time to think twice about retail loyalty programs

Thales eSecurity

As I was starting to write this blog, yet another retail program data breach occurred, for Marriott’s Starwood loyalty program. What I’d originally planned to write about was a topic that directly applies – why retailers of all stripes are not investing in data security.

Personalizing the retail supply chain with predictive analytics

Information Management Resources

It has never been more critical for retailers to leverage data to create the convenience and the experiences that consumers crave. Predictive analytics Analytics Retail industry Retailers Consumer goods industry

Number of Retailers Impacted by Breaches Doubles

Dark Reading

The retail race for digital transformation is being run without the safety of security measures

New Malware Campaign Targets Financials, Retailers

Dark Reading

The attack uses a legitimate remote access system as well as several families of malware

Retailers: Avoid the Hackable Holidaze

Dark Reading

The most wonderful time of the year? Sure, but not if your business and customers are getting robbed

Retailers Make Big Strides In Offering Clear Unsubscribe Links

Dark Reading

Fifth annual Online Trust Alliance survey said retailers get good marks for offering clear unsubscribe links, using tools like SPF and DKIM and honoring unsubscribe requests

Retail Sector Second-Worst Performer on Application Security

Dark Reading

A "point-in-time" approach to PCI compliance could be one reason why so many retailers appear to be having a hard time

Information Security and Compliance Through the Prism of Healthcare and Retail

AIIM

Let’s explore how these concepts relate to two specific industries – healthcare and retail. 2 -- Retail provides useful lessons in the importance of decentralized capture and the security challenges it creates. Retail companies must manage a host of documents, including end of day reports, merchandising setups, customer invoices and even shelf and name tags, which makes scanning and capture a particularly good fit for retail companies.

7 Holiday Security Tips for Retailers

Dark Reading

It's the most wonderful time of the year - and hackers are ready to pounce. Here's how to prevent them from wreaking holiday havoc

The race for corporate banks to catch up with their retail peers

CGI

The race for corporate banks to catch up with their retail peers. Corporate and transaction banks (CTBs) face the challenge of delivering services equivalent to those offered by their retail bank peers. gopikarthikeya…. Tue, 09/17/2019 - 07:35.

Are digital experiences now more powerful than 'live' events? How can retail and event organizers entice attendance and purchase?

Collaboration 2.0

Our connected world is now in many ways more engaging than 'being there' and this is a huge problem for retail and event organizers as they attempt to justify travel and expense to attend live events and shopping expeditions

The Countdown to Black Friday Has Begun. Are Retailers and Consumers Ready?

Thales eSecurity

So before the shopping frenzy begins, we thought this would be an opportune time to outline some best practices that both retailers and consumers should follow in order to protect consumer data. As convenience technologies evolve, look for more risks to consumers and retailers.

GDPR – the facts and what it means for the retail sector

IT Governance

There are many opportunities within retail, leisure and hospitality for tailored offers and promotions to improve business. For those in the retail, leisure and hospitality sectors, this has implications for loyalty schemes, as well as for communicating offers, events and promotions. If you’d value a conversation, call the team on +44 (0)333 800 7000 or email our retail sector team for expert advice suited to your business. EU GDPR Retail GDPR GDPR compliance