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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? What are the biggest threats? Where can you start?

Retail 69
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U.S. Indicts 2 Top Russian Hackers, Sanctions Cryptex

Krebs on Security

The government also indicted and sanctioned a top Russian cybercriminal known as Taleon , whose cryptocurrency exchange Cryptex has evolved into one of Russia’s most active money laundering networks. 26, 2017 on the now-defunct carding site Joker’s Stash has been tied to a breach at Sonic Drive-In.

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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? This short video breaks down the numbers relating to the UK-specific cyber attacks and data breaches of 2017. increase on the 2017 cost of $3.62

Retail 49
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Breach at Cloud Solution Provider PCM Inc.

Krebs on Security

based PCM [ NASDAQ:PCMI ] is a provider of technology products, services and solutions to businesses as well as state and federal governments. -based cloud solution provider, allowed hackers to access email and file sharing systems for some of the company’s clients, KrebsOnSecurity has learned. El Segundo, Calif. earlier this year.

Cloud 262
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IRS Will Soon Require Selfies for Online Access

Krebs on Security

was originally launched in 2010 with the goal of helping e-commerce sites validate the identities of customers who might be eligible for discounts at various retail establishments, such as veterans, teachers, students, nurses and first responders. government websites. McLean, Va.-based based ID.me These days, ID.me

Access 363
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UK ICO Issues Unprecedented Fine Against Mobile Phone Retailer for Lax Security

Hunton Privacy

On January 8, 2017, the UK Information Commissioner (“ICO”) issued an unprecedented monetary penalty of £400,000 against British mobile phone retailer, The Car Phone Warehouse Limited.

Retail 40
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Fortinet warns of a spike in attacks against TBK DVR devices

Security Affairs

According to the company, they have over 600,000 Cameras and 50,000 Recorders installed all over the world in multiple sectors such as Banking, Retail, Government, etc. Previously seen to be exploited in the wild through 2017 and on-going.” ” reads the advisory published by Fortinet. .