Data Security

VF Corp. Holiday Cyberattack Impacted Over 35 Million Customers
January 23, 2024 at 5:28 pm

VF Corp., the parent company of popular apparel brands Vans, Supreme, and The North Face, said last week that hackers stole the personal data of 35.5 million customers in a December cyberattack, reports TechCrunch. The filing to regulators didn't say specifically what kinds of personal data was taken, or if the company yet knows what…

Vans Owner VF Corp. Hit by Cyberattack, Holiday Order Fulfillment Impacted
December 18, 2023 at 7:37 pm

On Monday, VF Corporation, the U.S.-based owner of apparel brands including Vans, Supreme, and The North Face, confirmed a cyberattack has impacted the company’s ability to fulfill orders ahead of Christmas, reports TechCrunch. The company first detected the attack on Dec. 13, according to a filing with federal regulators. Hackers disrupted the company’s operations “by…

Holiday Havoc: How Retailers Can Stay Ahead of Cybercrime
December 18, 2023 at 9:23 am

This holiday season, U.S. online sales are projected to grow nearly 5 percent over last year’s numbers, which is good news for retailers hoping to close out the year with a strong Q4. Unfortunately, cybercriminals are targeting retailers with growing regularity. During the holiday season, any website downtime or service outage can result in significant…

Safeguarding Retail: Proactive Measures to Mitigate Holiday Cyber Threats
December 14, 2023 at 3:45 pm

In the retail industry, customer data is a prized possession. It’s the lifeblood that fuels personalized marketing and tailored experiences. However, this treasure trove of information also makes retailers prime targets for cyberattacks. The ongoing battle to safeguard this sensitive data is a constant struggle, especially during the high-stakes holiday season. The consequences of these…

Staples Hit With Cyber Attack During Critical Holiday Season
December 6, 2023 at 2:58 pm

Staples announced Monday it had been hit by a cyber attack during the week following Thanksgiving that temporarily disrupted customer support channels and delivery systems. “Staples recently identified a cybersecurity risk [and] took proactive steps in an effort to mitigate the impact and protect customer data," the company said on its website. PC Magazine reported…

3 Generative AI Security Risks Retailers Should Beware of
December 4, 2023 at 12:20 pm

Generative artificial intelligence (GenAI) is the next big thing for retail. With 92 percent of retailers planning to increase AI investments next year, leading brands like Walmart are already rolling out GenAI assistants to help customers with purchases. The possibilities for GenAI are endless, but they create new risks for data breaches that everyone needs…

Endpoint Management in Retail: Why it’s a Game Changer
November 15, 2023 at 9:22 am

To sell goods and services to consumers, the more successful businesses use two fronts instead of one. Brick-and-mortar shops serve local customers, while online storefronts serve the rest of the world. To track every transaction, companies need help from modern digital technologies, including endpoint management. This ensures that the devices that help complete a transaction…

How Online Retailers Can Leverage AI Without Scaring Off Shoppers
October 24, 2023 at 11:59 am

As artificial intelligence tools go mainstream and companies look to harness their full potential, it’s logical for online retailers to integrate the technology into their selling strategies. E-commerce already offers key benefits around data collection, and AI’s capabilities promise to make vendors smarter and more agile in improving their approaches. However, that doesn’t mean that…

Behind the Retail Checkout: The Importance of Tokenization and Data Portability
September 26, 2023 at 2:46 pm

A frictionless checkout experience and a need for data security and portability are crucial concerns for retailers and consumers alike. On one side, consumers demand payment optionality at checkout, while on the other, retailers strive to meet that challenge by utilizing various payment service providers (PSPs) and payment methods. It’s no wonder then that at…

The True Cost of Loyalty: Why it’s Crucial for Retailers to Protect Loyalty Data
September 19, 2023 at 5:18 pm

Loyalty is big business. In the U.S., research has shown that there are over 3.3 billion loyalty memberships. Programs span across almost all markets, from supermarkets and restaurants to beauty and hospitality. For organizations, a loyalty program that resonates with consumers can set them apart from competitors. Last year, for example, Starbucks told investors that…