Data Security

The Hottest Trend in Retail: Password Theft
June 26, 2024 at 2:05 pm

Retail shrinkage accounts for $94.5 billion in losses annually for the U.S. retail industry. However, it's not the only theft the sector needs to worry about. The 2024 Verizon DBIR found that credentials are the most frequently breached data in the retail industry. Cybercriminals continue to focus on stealing credentials due to the ease of obtaining them and because password…

Neiman Marcus Suffers Data Breach Affecting 64,000 Customers
June 25, 2024 at 7:37 pm

High-end department store Neiman Marcus on Monday disclosed a data breach, shortly before a hacker offered to sell information belonging to millions of the company’s customers, reports SecurityWeek. The company told the Maine Attorney General’s Office that the breach has impacted more than 64,000 individuals. Shortly after Neiman Marcus disclosed the breach, a hacker who…

What to Expect in the Aftermath of Ticketmaster’s Data Breach
June 5, 2024 at 12:12 pm

If the ShinyHunter’s breach is confirmed and Ticketmaster’s data is ultimately distributed, online fraud attacks will almost certainly increase. For consumers, the feeling you experience when learning your personal data was stolen during a data breach is often just the start. Data breaches more often than not lead to additional fraud. Depending on the type…

With Consumers Wary of Sharing Data, How Can Retailers Connect?
May 27, 2024 at 5:59 pm

First-party data is increasingly necessary for retailers to offer customers the kinds of personalized experiences they expect. Seventy-one percent of consumers say they expect personalized interactions with companies, according to McKinsey, but consumers are also increasingly wary of sharing their personal data with companies. One recent consumer survey found that only 10 percent fully trust…

Missed the PCI DSS 4.0 Deadline? Here Are 3 Things You Should Do Today
May 6, 2024 at 8:11 am

The transition to PCI DSS 4.0 is a substantial advancement in payment security standards and reflects a shift towards a more flexible and scalable approach to compliance. It will help organizations accommodate the diverse needs within the payments ecosystem. But perhaps your organization has struggled to find the best ways to meet these new requirements.…

The Top 4 Web Privacy Challenges for Retailers
May 2, 2024 at 11:59 am

With the widespread use of web trackers like TikTok, the Meta pixel, and web monitoring tools capturing session data, protecting customer data and ensuring compliance has never been more crucial. Additionally, rapidly evolving state and federal privacy laws have made web privacy compliance quite complicated. This article explores the top four web privacy challenges facing…

How to Protect Your Site From Credential Stuffing Attacks
March 27, 2024 at 4:16 pm

Credential stuffing attacks are a costly headache, with the Ponemon Institute finding that businesses lose an average of $6 million per year due to lost customers, increased IT costs, and other fallouts. The pervasive problem of password reuse fuels credential stuffing, and we can only expect these attacks to increase as more credentials are exposed…

How to Ensure Your E-Commerce Site is Compliant With Emerging Privacy Laws
March 13, 2024 at 2:18 pm

Navigating the data privacy landscape these days can be daunting, particularly with the continual emergence of new state and federal regulations. We now have 13 state laws signed, and many others to come online in the next year, not to mention sector-specific laws. These have led to hundreds of lawsuits and enforcement actions. Given that…

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…