This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Protecting Retailers Against Cyber Risks on Black Friday and Cyber Monday josh.pearson@t… Tue, 11/26/2024 - 08:01 As Black Friday and Cyber Monday loom, the stakes for retailers extend far beyond enticing deals and record sales. With retail sales during 2024 set to grow to between $5.23 trillion and $5.28 trillion and $5.28
The shift to digital experiences and customer service in industries that were historically only brick-and-mortar underscores how rapid digitaltransformation expands the attack surface for cybercriminals. The average breach in the retail sector costs $2.9
Retailers and shoppers are leveraging and enjoying many benefits data sharing brings: loyalty programs, personalized experiences, easier product location and ordering, online shopping, mobile access and the list goes on. Unfortunately, this results in retailers as a top target for cyberattacks. Business is booming and data is flowing.
By combining robust encryption, trusted execution environments, and support from Intel Tiber Trust Authority and major cloud providers, this solution brings continuous, verifiable protection to even the most sensitive workloads. With E2EDP: Data is encrypted on-prem and stays protected throughout its journey.
As digitaltransformation 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. Lines are now blurred between physical and digital experiences. retailers experiencing a breach in the last year.
By combining robust encryption, trusted execution environments, and support from Intel Tiber Trust Authority and major cloud providers, this solution brings continuous, verifiable protection to even the most sensitive workloads. With E2EDP: Data is encrypted on-prem and stays protected throughout its journey.
Digitaltransformation (DX) is fundamentally impacting all aspects of the economy across every industry, and nowhere is this truer than in retail. Analysis of this year’s results showed that the percentage of retailers increasing IT security spending declined. Encryption technologies are the top tools needed.
Around the same time, US fashion retailer Forever 21 admitted that hackers had collected customers’ credit card information from its stores’ point of sale terminals over much of 2017, and the information of nearly 1.2 For more information on the Privacy Amendment Act 2017, please visit our dedicated landing page.
This year is expected to see similarly high numbers which is paralleled by increasing retailer anxiety about the state of their cybersecurity. In fact, according to our recent survey of retailers , 88% feel vulnerable to data threats. Digital payment data is created, shared and stored in more places than ever before.
With an estimated $500 billion retail market spend per year, what’s next for the payments industry as a whole. Consumers today live in the world of Amazon and online shopping and the need for effortless speed is ever-growing thanks to the retail giant. appeared first on Data Security Blog | Thales eSecurity. Frictionless.
This week marks the return of Amazon Prime Day – Amazon’s seasonal retail event which has fast become a masterclass in driving demand and growth through great customer experience. As I wrote about earlier this year , almost all enterprises are now storing sensitive data in digitallytransformative environments, but only 30% are encrypting it.
PSD2 hinges on a critical connection between retailers, fintechs, and banks. PSD2 and open banking The move to open banking means removing barriers between competitors as it requires banks to allow their account details and transactions to be shared with third parties through APIs.
This convergence of consumer and business concerns underscores the imperative for organizations to embrace technology strategically and address and mitigate the perceived risks associated with the digital realm. Companies that leverage digital tools to rethink traditional approaches can reshape entire markets and create new paradigms.
Reports surface with alarming regularity detailing how city administrations have seen their IT systems paralyzed by cyberattacks , or how major retail organizations have suffered significant data losses and extensive operational disruptions. The core issue with many traditional security measures lies in their static nature.
The twin drivers of the problem are increased threats and the drive to digitallytransform how organizations deliver value and revenue. The answer is probably twofold: The rate at which digitaltransformation is driving change. Digitaltransformation drives massive change. Encrypt the data.
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.
We organize all of the trending information in your field so you don't have to. Join 28,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content