Data Security

Mobile commerce has become a critical component of any large retailer's business. After all, U.S. consumers spent $52 billion on mobile commerce during the last two months of 2020 alone. That’s a 55 percent increase over the same period in 2019. With that much money flowing through mobile apps, fraudsters have taken aim at them,…

The number and total cost of incidents have increased over the past decade. Retail has been hit hard by these trends; it's estimated that in 2021, the average total cost of a data breach to a retailer was $3.27 million. However, retailers that proactively respond through incident management solutions have been able to mitigate, and even…

According to recent data, 91 percent of the U.S. population will be online shoppers by 2023, making e-commerce sites the preferred platforms for consumers. Unfortunately, cybercriminals are following this trend and are leveraging it to make money. Bot-based attacks are on the rise, with a year-over-year growth of 106 percent percent in 2021, according to…

Among the things retailers learned from the pandemic are two key business lessons. The first is that e-commerce needs to become an essential component of any strategy, and the second is that consumers are continually craving innovative, personalized experiences. But how do we keep customer data safe amid this growing trend of customization? As we…

Ransomware in retail is arguably the closest the public gets to seeing the devastation of cyberattacks. One day everything at the local grocery store is normal; the next, it can’t process card payments, restock shelves or perform even the simplest of automated tasks. One week, children are enjoying their favorite snacks; the next, the products…

Remember when a retail transaction was as simple as going to a store, selecting your items off the shelf, bringing them to a cashier, and making your payment in cash or check? Those days are long gone. The Security Risks of Digital Transformation Almost every retail transaction is significantly more complex and involves some level…

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…

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.…

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…

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…