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If you’re a regular reader, then you know that my pieces are typically more universal than they are industry-specific – though I have been known to opine in such particular places as local government and oil and gas.
The video game industry saw massive growth in 2020; nothing like a global pandemic to drive people to spend more time than ever gaming. The video game industry withstood nearly 11 billion credential stuffing attacks in 2020, a 224 percent spike over 2019. LW: SQL injection persists, accounting for 59% of gaming industry attacks.
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.
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.
From understanding its distributed architecture to unlocking its incredible power for industries like healthcare, finance, retail and more, experience how Cassandra® can transform your entire data operations.
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.
New data polled from analysts and members of the retailindustry about their security focus is this holiday season reveals the kinds of attacks every organization should be preparing for.
Nordstrom CISO Nicole Darden Ford Shares Her Journey From B2B to B2C Industry From working in B2B industries to now shifting to a B2C industry, Nicole Darden Ford, CISO, Nordstrom, is confident of bringing a fresh perspective to tackling the retail sector's complex cybersecurity and fraud challenges.
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.
Digital transformation examples can be found almost anywhere, in almost any industry. Digital Transformation in Retail. The inherently competitive nature of retail has made the sector a leader in adopting data-driven strategy. From loyalty cards to targeted online ads, retail has always had to adapt to stay relevant.
The Cactus ransomware gang claims the theft of 1.5TB of data from the Energy management and industrial automation firm Schneider Electric. The Cactus ransomware group claims responsibility for pilfering 1.5TB of data from the Energy management and industrial automation giant Schneider Electric.
On January 25, 2023, Hunton Andrews Kurth’s retailindustry team released its annual RetailIndustry 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.
However, cybercriminals target some industries at disproportionally high rates. The medical industry faces an exceptional risk for cyberattacks because there are so many players involved in the sector. Despite those risks, retailers make blunders when budgeting for cybersecurity. happened at retail establishments.
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. 6%, according to Mastercard SpendingPulse.
Retail giant Target is going to open-source an internal tool, dubbed Merry Maker , designed to detect e-skimming attacks. Retail giant Target announced the release in open-source of an internal tool, dubbed Merry Maker , designed to detect e-skimming attacks. Follow me on Twitter: @securityaffairs and Facebook. Pierluigi Paganini.
CGI Client Global Insights: A look at top retail banking trends and priorities. Many retail banks have invested in their “plumbing”- implementing digital technologies to deliver the products, services and experiences their customers demand - but many are still running their businesses just as they did before.
Listening to the Voice of Our Clients: Informing strategies to drive a shared value future in the retail, consumer and services industry. In my previous blog, I talked about the pandemic accelerating the impetus for retail, consumer and services organizations to become truly digital. cgi.com.
The retail and Consumer Packaged Goods (CPG) industries are experiencing a profound technological metamorphosis, driven by rapid digital innovation, changing consumer expectations, and the need for operational efficiency. In 2025, these technologies are no longer novelties but integral components of retail and CPG marketing strategies.
Tighter Security Controls Help Stop Fraud, But Fake IDs and Web Scraping Are Rising Account takeover fraud in the financial services industry is declining in contrast with other industries such as retail and hospitality.
As the retailindustry 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.
2020 is proving to have been a sea change for the retailindustry. 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. Of course, things will get better and people will come back.
A cybersecurity issue can cause unexpected costs in several different areas, which is the cost of Dealing with an attack in 4 Industries? The totals also vary by industry. As people have growing opportunities to shop online, the chances for hackers to carry out lucrative cyberattacks in the retail sector also go up. Health Care.
Tommy McDowell, Vice President, on the Value of Information Sharing In response to large data breaches, the retail and hospitality industry formed the RH-ISAC to serve as a central hub for sharing sector-specific cybersecurity information and intelligence, says Tommy McDowell, vice president, who explains how ISACs' roles are changing.
Two financial industry sources who track payment card fraud and asked to remain anonymous for this story said the four million cards were taken in breaches recently disclosed by restaurant chains Krystal , Moe’s , McAlister’s Deli and Schlotzsky’s.
However, industries reliant on shared devices—such as healthcare, retail, and manufacturing—face unique challenges. Similarly, in retail and manufacturing, delays caused by authentication procedures reduce overall efficiency. The industry has key gaps and areas for improvement.
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. of all studied attacks among the top ten industries in 2022, up from 7.3%
Holiday Shopping Readiness: How is Retail Data Security Holding Up? Retailers have been prepping for this season all year and are ready to provide a safe, secure, and seamless customer shopping experience. According to the National Retail Federation (NFR), retail sales during 2024 will grow between 2.5% trillion and $5.28
Secret Service shared with financial industry partners states that Secret Service field offices in New York and St. The data can be encoded onto any card with a magnetic stripe, and then used to buy high-priced items at retail outlets — or to withdrawn funds from ATMs (if the fraudsters also have the cardholder’s PIN).
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.
5, 2023 — Kovrr , the leading global provider of cyber risk quantification (CRQ) solutions, announces the release of its new Fortune 1000 Cyber Risk Report, shedding light on the complex and ever-evolving cyber risk landscape across various industry sectors and the respective financial repercussions companies may consequently face.
The retailindustry 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.”
The resulting bottleneck in goods movement sent shockwaves across industries. For retail, it underscored an urgent need to address the escalating threat of natural disasters to global trade. With consumer confidence up, interest rates and inflation down, retailers could be dealing with heavy demand. Check us out.
The Retail Data Threat Environment and Why CIAM is a Key Cornerstone to Better Cybersecurity. madhav Thu, 05/11/2023 - 06:06 The retail landscape has changed significantly. Customers should be aware of the existing threats, while retailers must understand the risks associated with poor management of customer identities.
Cybersecurity experts say the raid included the charging of a major carding kingpin thought to be tied to dozens of carding shops and to some of the bigger data breaches targeting western retailers over the past decade. Flint is among the biggest players in the crowded underground market for stolen credit card data, according to a U.S.
The strategic funding round was led by global manufacturing industry leader Rite-Hite with participation from existing investors Eclipse Ventures and World Innovation Lab. Now, artificial intelligence is revolutionizing the field of environment, health and safety (EHS) in industrial operations. A demo is available upon request.
Annual ThreatLabz Report reveals phishing-as-a-service as the key source of attacks across critical industries and consumers globally; underscores urgency to adopt a zero-trust security model.
The retailindustry has always been at the forefront of technological innovation, constantly adapting to meet the evolving needs of consumers. As we step into 2024, retailers are poised for yet another transformative year, driven by cutting-edge technologies that promise to reshape the shopping experience.
Visa and MasterCard instituted new rules in October 2015 that put retailers on the hook for all of the losses associated with counterfeit card fraud tied to breaches if they haven’t implemented chip-based card readers and enforced the dipping of the chip when a customer presents a chip-based card.
Easily the most sophisticated skimming devices made for hacking terminals at retail self-checkout lanes are a new breed of PIN pad overlay combined with a flexible, paper-thin device that fits inside the terminal’s chip reader slot. What enables these skimmers to be so slim?
Using an external platform trusted by potential victims is proving to be a vital tool in the cybercriminal’s arsenal. New data shows the state of the threat and who’s at risk.
against a mid-size online retailer who allegedly violated the EU General Data Protection Regulation (GDPR) by monitoring their employees using CCTV. AG” (the Retailer) at the end of 2020. AG” (the Retailer) at the end of 2020. The Retailer should, instead, have considered milder measures (e.g.
Skanlog, a critical distributor for Systembolaget, the Swedish government-owned retail chain suffered a ransomware attack. It operates stores across Sweden and is responsible for the retail sale of wine, spirits, and strong beer. “It Systembolaget has a monopoly on the sale of alcoholic beverages containing more than 3.5%
Today’s consumers want to know that retailers and brands are aligned with their values. So, while retailers can—and must—use technology as their differentiator, to win the lion’s share of consumer hearts, retail leaders must deliver on promises and purpose. Checking all these boxes is no small feat.
The APT32 group has been active since at least 2012, it has targeted organizations across multiple industries and foreign governments, dissidents, and journalists. We shared our findings including YARA rules and malware signatures with our industry peers so they too can detect and stop this activity.” ” Pierluigi Paganini.
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