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.

Retail 211

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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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 236

Retailer Orvis.com Leaked Hundreds of Internal Passwords on Pastebin

Krebs on Security

and founded in 1856, privately-held Orvis is the oldest mail-order retailer in the United States. The company has approximately 1,700 employees, 69 retail stores and 10 outlets in the US, and 18 retail stores in the UK.

Facial Recognition Is Coming to Retail

Schneier on Security

anonymity facerecognition privacy retailSummary article.

ThreatList: Most Retail Hardware Bug Bounty Flaws Are Critical

Threatpost

Overall, across all retail programs, more than 18 percent of all bug bounty submissions are critical in severity, a new Bugcrowd report found.

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

Retailers increase cyber security spending, but attacks continue to rise

IT Governance

The UK’s biggest retailers are spending more than ever on cyber security but are continuing to see an alarming rise in cyber attacks and data breaches due to the ever-evolving threat landscape, a report has found. Are retailers investing wisely? Retail

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 102

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.

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

Retail 114

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

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.

Holiday Shoppers Beware: 100K Malicious Sites Found Posing as Well-Known Retailers

Threatpost

Web Security copycat sites Fraud holiday shopping Let's Encrypt Phishing retail tls valid certificatesThe copycat sites are using valid certificates to be more convincing.

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.

Retailers Face Many Challenges, Data Security Doesn’t Have to be One of the Them

Thales eSecurity

Retailers and shoppers are leveraging and enjoying many benefits data sharing brings: loyalty programs, personalized experiences, easier product location and ordering, online shopping, mobile access and the list goes on. trillion (and rising) estimated in retail sales.

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

8 Holiday Security Tips for Retailers

Dark Reading

Here's how retailers can protect their businesses from attackers and scammers hoping to wreak havoc during the most wonderful time of the year

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

Retail has a multi-cloud problem…with sensitive data

Thales eSecurity

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.

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

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.

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.

Winning in retail with IBM Watson Knowledge Catalog

IBM Big Data Hub

From reading the news headlines of yet another retail chain closing its stores, one can easily be left with the impression that we’re in a retail apocalypse. But in reality, the overall retail industry is very strong and healthy — especially online

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

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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.

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

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

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.

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.

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.

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.

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