Data Security

Data Privacy Laws Will Reshape Retail
February 22, 2022 at 5:17 pm

For years, the retail industry saw its collated customer data as a treasure trove. Thanks to advanced data analytics, coupled with emerging technologies like artificial intelligence (AI) and the Internet of Things (IoT), retailers saw a deluge of data-driven insights coursing through their IT pipelines. These helped them get personal with their customers and drive…

What is Customer Identity and Why Should Online Retailers Care?
February 21, 2022 at 2:33 pm

As a quintessential component of e-commerce, retailers must prioritize a convenient and enjoyable digital experience for their customers. Just as an attractive window display and a clean, stocked store is important for brick-and-mortar retailers, it's equally important to provide a streamlined, enjoyable and secure experience online. This first impression for online retailers begins at login.…

What Happens When a Growing Retailer Gets Breached? Assessing the True Costs of Cyber Attacks
February 16, 2022 at 3:47 pm

It’s hard to ignore the news. Across industries, cyber attacks are increasing not only in volume and frequency, but also complexity. And to be sure, the biggest stories are always about the biggest brands — but for all the attention they get, they tend to recover relatively quickly. So let’s talk about the smaller retailers, because…

Close the Gaps to Achieve California Privacy Act Compliance
February 9, 2022 at 11:20 am

The landmark California Consumer Privacy Act (CCPA) and California Privacy Rights Act (CPRA) data privacy legislation is certainly good news for California consumers, who can now control how their personal data is collected and processed. For companies doing the data collection, however, CCPA/CPRA is a wake-up call, alerting them to potential prosecution and crippling fines…

Payment Card Industry Compliance: How to Be Safe (Without Being Sorry)
February 9, 2022 at 10:52 am

Overall consumer spending is at an all-time high. This is in spite of worldwide inflation, supply chain shortages, and evolving shopping preferences. Experts now anticipate that consumer demand will only continue to rise, especially in the U.S. In an effort to capitalize on today’s increasing shift to online shopping, many businesses have prioritized e-commerce or omnichannel…

Protecting Your Purchases: Why Retail Will Be the No. 1 Target for Bad Actors
February 3, 2022 at 8:11 pm

As the pandemic shifted most shopping online, it has brought even more criminal activity with it. For example, retailers have suffered massive volumes of cyberattacks between 2019 and 2020, according to research from Akamai. The report notes while there were millions of cyberattacks overall, the retail industry was hit the hardest, taking the brunt of…

Retailers' Ticking Time Bombs? Expired Certificates
January 11, 2022 at 12:21 pm

The continued ripple effect of the pandemic’s impact to all forms of retail has created a phenomenal digital disruption in the industry. With online purchases expected to hit record numbers this year — $1 trillion, according to Adobe — cybersecurity is top of mind for any brand with an online presence handling transactions. With the number of transactions…

Holiday Retail Fraud: Stopping Scammers in Their Tracks
December 16, 2021 at 10:33 am

Consumers and retailers alike are witnessing the explosive growth of e-commerce activity over the past two years, due in large part to the ever-evolving COVID-19 pandemic. Online shopping activity is unsurprisingly amplified greatly by the holiday shopping season, with the National Retail Federation (NRF) forecasting holiday sales during November and December to grow between 8.5 percent…

'Tis the Season for Retailers to Prepare for Cyberattacks
December 7, 2021 at 11:14 am

Retailers have become a primary target of cybercriminals. A ransomware attack hit 44 percent of retail organizations in 2020, and many paid a very high price. The average cost of recovery from a ransomware attack in retail was nearly $2 million, according to the State of Ransomware in Retail 2021 report by Sophos. The costs…

3 Ways to Protect User Data When Using QR Codes
November 11, 2021 at 12:35 pm

The QR code has become a ubiquitous part of the consumer experience amidst the COVID-19 pandemic, as businesses seek ways to limit physical contact. Consumer confidence in the QR code is also high. Eighty-seven percent of respondents in a 2020 Ivanti Report felt secure using a QR code to complete a financial transaction. However, in…