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.

Managing HR in The Retail Sector in the COVID-19 World

InfoGoTo

A good example of implementing these changes can be found with HR in the retail sector. Traditional retailers, those with physical storefronts, had struggled before COVID-19. Then the pandemic hit and most retailers were declared non-essential and shut down.

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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. They might at first glance, but retailers are now exposing themselves to a whole host of security risks as these connected shopping technologies evolve. Data security

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

Retailer Orvis.com Leaked Hundreds of Internal Passwords on Pastebin

Krebs on Security

Orvis , a Vermont-based retailer that specializes in high-end fly fishing equipment and other sporting goods, leaked hundreds of internal passwords on Pastebin.com for several weeks last month, exposing credentials the company used to manage everything from firewalls and routers to administrator accounts and database servers, KrebsOnSecurity has learned. and founded in 1856, privately-held Orvis is the oldest mail-order retailer in the United States. Security cameras.

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

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

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

Account Takeover Fraud Losses Total Billions Across Online Retailers

Threatpost

Account takeover fraud (ATO) attacks are on the rise, up nearly 300 percent since last year.

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. IoT Mobile Security Most Recent ThreatLists bug bounty Bugcrowd Bugcrowd’s 2019 State of Retail Cybersecurity report point of sale retail Retail Security

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

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.

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

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. Competition is one of many challenges retailers face and while that’s nothing new, the data-driven approach online and brick-and-mortar merchants use today is evolving quickly with transformative technology capabilities. Data security

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.

Multiple Retailers Sued Under CCPA for Sharing Data Used to Identify Fraudulent Returns

Hunton Privacy

Earlier this year, The Retail Equation, a loss prevention service provider, and Sephora were hit with a class action lawsuit in which the plaintiff claimed Sephora improperly shared consumer data with The Retail Equation without consumers’ knowledge or consent. Information Security U.S.

Number of Retailers Impacted by Breaches Doubles

Dark Reading

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

Retail Cyberattacks Set to Soar 20% in 2019 Holiday Season

Threatpost

A couple of factors this year are making the 2019 holiday shopping season a circus for cybercriminals when it comes to cyberattacks against retail orgs. Podcasts Web Security cyberattack cybercrime emotet holiday shopping holiday shopping security malware Online Security ransomware retail

Securing Retail Networks for an Omnichannel Future

Dark Reading

Retailers who haphazardly move to digital from a brick-and-mortar environment can leave their businesses open to significant cybersecurity vulnerabilities. Here's how to avoid the pitfalls

Legendary Help: Supporting retailers with efficient and secure payment systems

Rocket Software

Like any software, POS systems need constant updates to remain optimized and secure. In the case of one Rocket client, an IT solutions provider that supplies point-of-sale solutions to thousands of retailers in the U.S., These updates protect transactions and financial data and keep them secure. Their code is now more secure and efficient, and the risk of developers inadvertently wiping out each other’s work is minimized. Keeping businesses running is a team effort.

Information Security and Compliance Through the Prism of Healthcare and Retail

AIIM

Organizations must focus strategically on how to manage digital content and understand that: 1) end-users are consuming technology differently; 2) consumer devices are being increasingly used as “on-ramps” to digital workflows; and 3) how you secure the scan and capture process becomes increasingly important. Let’s explore how these concepts relate to two specific industries – healthcare and retail. compliance healthcare scanning information security information capture retail

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.

Sports retail giant Decathlon leaks 123 million customer and employee records

IT Governance

Decathlon, the world’s largest sporting goods retailer, has suffered a massive data breach, affecting 123 million customer and employee records. Cyber security researchers at vpnMentor found a leaky database on a publicly accessible Elasticsearch server. It contained information from the retailer’s Spanish businesses and potentially its UK stores. Employees’ names, addresses, usernames, passwords, social security numbers, phone numbers and dates of birth were all affected.

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. DX technologies such as cloud, mobile payments, IoT, Big Data and others have fundamentally changed retailers’ business models, not only by opening new channels to reach customers, but also in how they communicate with, serve, and support them. Tools that reduce multi-cloud data security complexity are critical. Data security

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? World-famous retailer Fortnum & Mason suffered a data breach , affecting 23,000 of its customers, through a Typeform service used to collect votes for one of the categories in its food and drink awards. Despite the prospect of fines and other penalties, many retailers are still not PCI-compliant.

CNIL Adopts Its First Sanction as Lead Supervisory Authority, Fining French Online Shoe Retailer

Hunton Privacy

On August 5, 2020, the French Data Protection Authority (the “CNIL”) announced that it has levied a fine of €250,000 on French online shoe retailer, Spartoo, for various infringements of the EU General Data Protection Regulation (“GDPR”).

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. While retailers digitally transform their businesses to better serve the higher demands of their customers, they’re being challenged with safeguarding personal data to protect customers, partners and suppliers’ critical information.

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. To make a long story short – the top reason that they didn’t invest in data security was “lack of perceived need” at 52%. But none of these reasons rose to the top in retail. Data security

Mozilla, Internet Society and Others Pressure Retailers to Demand Secure IoT Products

Dark Reading

New initiative offers five principles for greater IoT security

Pairing Privacy and Security with Digital Identities in Retail

Threatpost

InfoSec Insider Privacy Web Security amazon consolidated view customer experience digital identities eve maler forgerock infosec insiders omnichannel online shopping SecurityOmnichannel views of customers are a competitive edge -- but they have to be appropriately implemented.

Connected Customer 360 Profiles for Retail & Luxury Brands

Reltio

3 Things Data Innovators at Retail & Luxury Brands Have in Common. Retail and luxury brand leaders may use different terms to describe customers, including “clients” or “guests.” But, the most innovative retail and luxury brand leadership teams have 3 common areas of focus when it comes to their customers: They focus on building long-term customer relationships. These are the customer data silos of a retailer that’s undergoing a transformation.

How Amazon and Walmart Could Fix IoT Security

Data Breach Today

Bruce Schneier Says Pressure on Retailers Could Fix Insecure IoT Supply Chains IoT devices can be made cheaply and quickly. But as a result, they may lack adequate security features. The Atlantic Council is proposing regulations that would require technology retailers to sell devices that meet security standards, which would, in turn, put pressure on IoT component makers

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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. You must ensure appropriate security, integrity and confidentiality. Their systems and processes must also be sufficiently robust to securely store and manage the data. For those in the retail, leisure and hospitality sectors, this has implications for loyalty schemes, as well as for communicating offers, events and promotions.

Magecart cybercrime group stole customers’ credit cards from Newegg electronics retailer

Security Affairs

Magecart hackers have stolen customers’ credit card data from the computer hardware and consumer electronics retailer Newegg. The Magecart cybercrime group is back, this time the hackers have stolen customers’ credit card data from the computer hardware and consumer electronics retailer Newegg. behind the Ticketmaster and British Airways data breaches has now victimized popular computer hardware and consumer electronics retailer Newegg.

Online Retailer LightInTheBox exposes unsecured DB containing 1.3TB of web server logs

Security Affairs

LightInTheBox is a Chinese online retailer trading on the New York Stock Exchange, most of its customers are in North America and Europe. “Led by cybersecurity analysts Noam Rotem and Ran Locar, vpnMentor’s research team discovered a leak in a database belonging to the online retailer LightInTheBox.” “A massive database, it contained over 1 terabyte of daily logs and compromised the security of LightInTheBox customers across the globe.”

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. Customers are expecting more and more when it comes to their shopping experience, and this holiday season will push the envelope as retailers are making brick-and-mortar stores more digital and connected while offering online shoppers an in-store experience. Data security

Amazon Prime Day Spurs Spike in Phishing, Fraud Attacks

Threatpost

Vulnerabilities Web Security amazon Amazon Prime Bolster Research consumers COVID-19 Credential Theft malicious websites online retailers Online Security online shopping Phishing Prime Day

Oracle Kills 402 Bugs in Massive October Patch Update

Threatpost

Over half of Oracle's flaws in its quarterly patch update can be remotely exploitable without authentication; two have CVSS scores of 10 out of 10.

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. Here are 4 crucial tips for retailers who have implemented a WAF. Security Cloud Networking

Dickey’s BBQ Breach: Meaty 3M Payment Card Upload Drops on Joker’s Stash

Threatpost

Breach Hacks Web Security breach Dark Web data breach Dickey’s Barbeque Pit Joker’s Stash magstripe point of sale retail underground marketplace

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