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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. Nearly 95 percent of U.S.

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Retailers Face Many Challenges, Data Security Doesn’t Have to be One of the Them

Thales Cloud Protection & Licensing

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.

Retail 89
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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. Analysis of this year’s results showed that the percentage of retailers increasing IT security spending declined. Encryption technologies are the top tools needed.

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The Countdown to Black Friday Has Begun. Are Retailers and Consumers Ready?

Thales Cloud Protection & Licensing

So before the shopping frenzy begins, we thought this would be an opportune time to outline some best practices that both retailers and consumers should follow in order to protect consumer data. As convenience technologies evolve, look for more risks to consumers and retailers. Protecting Consumer Data is Priority #1.

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The importance of encryption in complying with Australia’s Privacy Amendment Act

Thales Cloud Protection & Licensing

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.

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QakBot Big Game Hunting continues: the operators drop ProLock ransomware for Egregor

Security Affairs

This ransomware strain emerged in September 2020, but the threat actors behind already managed to lock quite big companies, such as game developers Crytek, booksellers Barnes & Noble, and most recently a retail giant Cencosud from Chile. of victims) and Retail (14.5%). ProLock = Egregor. Inside Egregor.

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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.