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Are Data Breaches the New Reality for Retail?

Thales Cloud Protection & Licensing

As digital transformation takes hold, the retail industry is under siege from cyber criminals and nation states attempting to steal consumers’ personal information, credit card data and banking information. senior retail IT security managers and 96 IT security managers from retailers across the globe.

Retail 66
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Retail has a multi-cloud problem…with sensitive data

Thales Cloud Protection & Licensing

Digital transformation (DX) is fundamentally impacting all aspects of the economy across every industry, and nowhere is this truer than in retail. Overall, 76% report that they will also use sensitive data within at least one of these cloud environments. Tools that reduce multi-cloud data security complexity are critical.

Retail 54
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It’s time to think twice about retail loyalty programs

Thales Cloud Protection & Licensing

As I was starting to write this blog, yet another retail program data breach occurred, for Marriott’s Starwood loyalty program. But it looks like my own personal data has been breached – again. But none of these reasons rose to the top in retail. Lack of perceived need” was the number one reason they didn’t deploy.

Retail 66
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Octo Tempest cybercriminal group is "a growing concern"—Microsoft

Malwarebytes

In a security blog about Octo Tempest Microsoft states: “Octo Tempest monetized their intrusions in 2022 by selling SIM swaps to other criminals and performing account takeovers of high-net-worth individuals to steal their cryptocurrency.” Stop malicious encryption.

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2018 Thales Data Threat Report, Global Edition: Digital Transformation & Data Security

Thales Cloud Protection & Licensing

Digital transformation inherently drives organizations into a data driven world – and each technology used for digital transformation (cloud, big data, IoT, blockchain, mobile payments and more) requires its own unique approach to protecting data. Big Data – 99%. Encrypt the data.

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Does artificial intelligence mean artificial security?

Thales Cloud Protection & Licensing

Yes, we’re talking about big data and analytics. Data, analytics and AI go together like eggs, toast and coffee. Are your AI plans supported by an encryption strategy? The firm’s AI team says the software contains encryption. However, in this scenario where are the encryption keys? Who holds your data?

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Federal Agency Data is Under Siege

Thales Cloud Protection & Licensing

The 57 percent rate statistic is the highest of all verticals we measured in this year’s report (others include the healthcare industry, the retail industry, and the financial services industry) or any region surveyed. Many people still think data security (especially encryption) is complex and has a performance problem.