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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. Similar to many organizations, 36% of retail respondents cited human error as the leading threat.

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Fashion retailer Forever 21 data breach impacted +500,000 individuals

Security Affairs

Fashion retailer Forever 21 disclosed a data breach that exposed the personal information of more than 500,000 individuals. On March 20, 2023, the fashion retailer Forever 21 has discovered a cyber incident that impacted a limited number of systems. The retailer also notified law enforcement.

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FTC Bans Rite Aid From Using Facial Recognition Tech

Data Breach Today

5-Year Ban Comes After Retailer Failed to Mitigate Security Surveillance Risks The Federal Trade Commission has banned Rite Aid from using AI-based facial recognition technology for security surveillance for five years after the retail drug store chain failed to implement safeguards such as mitigating risks for inaccurate outputs based on race and (..)

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New Data Covers How the Retail Market is at Greater Risk of Industry-Specific Cyberthreats

KnowBe4

A new analysis of the retail market’s threat landscape discusses the challenges faced by this industry and what threat tactics are being used to take advantage of retail’s cyber weaknesses.

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Volvo retailer leaks sensitive files

Security Affairs

The Brazilian retail arm of car manufacturing giant Volvo leaked sensitive files, putting its clientele in the vast South American country in peril. Volvo’s retailer in Brazil, Dimas Volvo, leaked sensitive files through its website. website, belonging to an independent Volvo retailer in the Santa Catarina region of Brazil.

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Retail technology and frontline workers: Delivering unforgettable customer experiences

IBM Big Data Hub

The retail industry employs millions of people, and next-generation retail employees will be significantly impacted by the rise of generative AI. With generative AI, retailers can fine-tune inventory and adapt store layouts in real-time, improving navigation, product visibility and stock management.”

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Retailers can tap into generative AI to enhance support for customers and employees

IBM Big Data Hub

As the retail industry witnesses a shift towards a more digital, on-demand consumer base, AI is becoming the secret weapon for retailers to better understand and cater to this evolving consumer behavior. Retailers recognize the need to build their strategies around AI, integrating it into many aspects of their operations.

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