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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 (..)

Retail 288
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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.

Retail 121
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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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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.

Retail 93
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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. For retail, the average data breach studied cost $2.96

Retail 88
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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.

Retail 102
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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.

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