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2023 retail and consumer goods industry predictions

OpenText Information Management

The retail and consumer goods industries continue to evolve at a rapid rate. Overall, 2022 retail holiday spending grew 7. … The post 2023 retail and consumer goods industry predictions appeared first on OpenText Blogs.

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Colonoscopy Prep Retail Website Breach Festered for Years

Data Breach Today

Personal Data of 244,000 in Flux After Malware Probe of Gastroenterologist Vendor A Kansas-based vendor is notifying nearly 250,000 patients that their payment card and other personal information may have been compromised in a hacking incident that dates back to 2019 and involves its colonoscopy prep kit online retail business.

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Hive Ransomware Group Leaks Data From European Retailer

Data Breach Today

Black Friday Attack Affected Intersport Outlets in Northern France The Hive ransomware-as-a-service group says it posted customer data obtained during a November attack against French sports retailer Intersport.

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British Clothing Retailer Fat Face Discloses Data Breach

Data Breach Today

Employee and Customer Information Compromised in January Attack; ICO Investigating British clothing and accessories retailer Fat Face says it detected a data breach in January, which exposed personal information - including partial payment card numbers - for an unspecified number of customers and employees.

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Cybersecurity Budgets Increase for Retail & Hospitality Industry

Dark Reading

Despite economic headwinds and layoffs in other areas, most retail and hospitality CISOs expect to add staff in 2023, according to a new report

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Not So Fast: Retailer Shein Fined $1.9M for Breach Coverup

Data Breach Today

39 Million Shoppers of Shein and Romwe Weren't Notified of Personal Data Exposure Fast-fashion clothing giant Shein has been fined $1.9

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Why Retail Stores Are More Vulnerable Than Ever to Cybercrime

Dark Reading

When we think about cybercrime and retail it is natural to focus on websites being targeted with attacks. Indeed, there has been a shocking rise in the number of cyberattacks perpetrated against online retailers in the past year.

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Retailer Fat Face Pays $2 Million Ransom to Conti Gang

Data Breach Today

News Follows 'Private and Confidential' Breach Notification Fat Face Sent to Victims Left unsaid in Fat Face's "strictly private and confidential" data breach notification to affected customers this week was any indication that the fashion clothing retailer had paid a reported $2 million ransom to the Conti gang to unlock its systems.

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Holiday Spam, Phishing Campaigns Challenge Retailers

Dark Reading

Revived levels of holiday spending have caught the eye of threat actors who exploit consumer behaviors and prey on the surge of online payments and digital activities during the holidays

Retail 108
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Retail Sector Prepares for Annual Holiday Cybercrime Onslaught

Dark Reading

Retailers and hospitality companies expect to battle credential harvesting, phishing, bots, and various malware variants

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Digital Transformation In Retail: The Retail Apocalypse

erwin

Much like the hospitality industry , digital transformation in retail has been a huge driver of change. One important fact is getting lost among all of the talk of “the retail apocalypse” and myriad stories about increasingly empty shopping malls: there’s a lot of money to be made in retail. 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.

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Are Retailers Shopping for a Cybersecurity Breach?

Thales Cloud Protection & Licensing

Are Retailers Shopping for a Cybersecurity Breach? Retailers started the century as the prime targets for cyber attackers looking for credit card data. Today, unfortunately, retailers are again coming back to the spotlight. divya. Wed, 11/23/2022 - 07:07.

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2022 Retail Industry Year in Review

Hunton Privacy

On January 25, 2023, Hunton Andrews Kurth’s retail industry team released its annual Retail Industry in Review publication, which provides an overview of key issues and trends that impacted the retail sector in the past year, as well as a preview of relevant legal issues retailers can expect to arise in 2023.

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Retail is in Trouble: 77% Of Retail Organizations Have Been Hit by Ransomware

KnowBe4

With Retail seeing and feeling the impact of more ransomware attacks than nearly every other industry, a new report focuses in on what the repercussions look like for this sector… and it’s not good.

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Not So Fast: Retailer Shein Fined $1.9M for Breach Cover-Up

Data Breach Today

39 Million Shoppers of Shein and Romwe Weren't Notified of Personal Data Exposure Fast-fashion clothing giant Shein has been fined $1.9

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Inside The Next-Level Fraud Ring Scamming Billions Off Holiday Retailers

Dark Reading

"Largest attack of its kind": A potent Southeast Asian e-commerce fraud ring has declared war on US retailers, targeting billions in goods in just the past month and forcing mules into its scheme

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Maximizing online delivery with DAM for retail

OpenText Information Management

2020 is proving to have been a sea change for the retail industry. Forward-looking retailers are using this opportunity to develop and update their online … The post Maximizing online delivery with DAM for retail appeared first on OpenText Blogs.

Retail 69
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Retail giant Woolworths discloses data breach of MyDeal online marketplace

Security Affairs

Australian retail giant Woolworths disclosed a data breach that impacted approximately 2.2 Bad news for the customers of the MyDeal online marketplace, the Australian retail giant Woolworths disclosed a data breach that impacted approximately 2.2

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On Demand Webinar | For Retail : Preventing Application Fraud while Removing User Friction

Data Breach Today

On Demand Webinar | For Retail : Preventing Application Fraud while Removing User Friction Watch this onDemand webinar which includes a focused retail case study on fighting fraud & user friction

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Credential Harvesting Is Retail Industry's Top Threat

Dark Reading

Why bother with new tactics and exploits when the old tricks are still effective

Retail 87
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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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Legendary Help: Modernizing the retail customer experience

Rocket Software

Unfortunately, it has created issues for retailers, as they need modern and agile mobile and web-friendly interfaces for shopping. . A Rocket customer, who provides retail management software to companies across the globe needed help creating more user-friendly web and mobile portals.

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Fraudsters Siphon $360M From Retailers Using 50M Fake Shoppers

Dark Reading

Cyberattackers focused on ad fraud and clickjacking stole millions during Black Friday by hijacking shopper accounts and tying up transactions

Retail 104
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Taking a Neighborhood Watch Approach to Retail Cybersecurity

Threatpost

Bugcrowd CTO Casey Ellis covers new cybersecurity challenges for online retailers.

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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. Researchers say fake Google Analytics JavaScript designed to capture card details appears to have been planted by the prolific cybercrime gangs known as Magecart

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Retailers: Credential Harvesting Attacks Are the “Big Thing” This Year for the Holiday Season

KnowBe4

New data polled from analysts and members of the retail industry about their security focus is this holiday season reveals the kinds of attacks every organization should be preparing for.

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Fast Fashion Retailer Data Breach Draws $1.9M Fine

Dark Reading

New York AG fines Shein and Romwe parent company for failure to protect customer data and downplaying the 2018 compromise of 46 million shopper records

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Biometrics in Retail: Beyond Loss Prevention

HID Global

Biometrics in Retail: Beyond Loss Prevention. rfournier. Tue, 01/25/2022 - 09:57

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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. Future proofing retail through AI.

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Loss Prevention Teams Up With Cybersecurity to Address Retail Fraud

Dark Reading

As retailers roll out more "buy online, pickup in-store" options, loss prevention professionals are increasingly shifting their attention from in-store theft to e-commerce fraud

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Why Retailers Are Turning to Biometrics

HID Global

Why Retailers Are Turning to Biometrics. vfabbrizio. Mon, 10/18/2021 - 10:41

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Retailers' Offboarding Procedures Leave Potential Risks

Dark Reading

IT teams need to consider unforeseen threats to avoid violating privacy regulations and supplier contracts

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The future of retail banking: Frictionless, personalized, cohesive

DXC

Following this year’s extraordinary events, our retail bank partners have been asking to rapidly implement contactless solutions that minimize touch points for customers. Current circumstances aside, research indicates that contactless is just one part of the future retail banking landscape.

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Holiday Shopping Craze, COVID-19 Spur Retail Security Storm

Threatpost

Podcasts Vulnerabilities Web Security Amazon Prime Day black friday COVID-19 cyber monday holiday shopping magecart online shopping Pandemic podcast retail Retail Security retail software Target Veracode

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Hacker stole credit cards from the website of Canada’s largest alcohol retailer LCBO

Security Affairs

The Canadian Liquor Control Board of Ontario (LCBO), the largest beverage alcohol retailer in the country, disclosed Magecart attack. Canadian Liquor Control Board of Ontario (LCBO), the largest beverage alcohol retailer in the country, disclosed a Magecart attack on January 10, 2023.

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How Retailers Can Stay Protected During the Most Wonderful Time of the Year

Dark Reading

Retailers' new holiday jingle must hit cybersecurity high points to help survive the season. Forget Dasher and Dancer — add SAST and DAST to app testing; manage third-party risks; and use MFA along with training and proper authentication to secure credentials

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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

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Enhancing the Retail Experience While Improving Operations: Here’s How

HID Global

Enhancing the Retail Experience While Improving Operations: Here’s How. tseeley. Thu, 04/21/2022 - 14:49

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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. Digital Transformation Omni-Channel customer experiece Customer Service dam digital asset management digital transformation omni-channel retail

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Darktrace Publishes 2022 Cyberattack Trend Data For Energy, Healthcare & Retail Sectors Globally

Dark Reading

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