article thumbnail

Black Friday and Cyber Weekend: Navigating the Tumultuous Waters of Retail Cybersecurity

Thales Cloud Protection & Licensing

Black Friday and Cyber Weekend: Navigating the Tumultuous Waters of Retail Cybersecurity sparsh Tue, 11/21/2023 - 05:01 As global consumers gear up for the much-anticipated shopping bonanza that is Black Friday and Cyber Weekend, retailers brace themselves for the frenzied onslaught of shoppers and the deluge of cyber threats lurking in the shadows.

Retail 83
article thumbnail

Are Retailers Shopping for a Cybersecurity Breach?

Thales Cloud Protection & Licensing

Are Retailers Shopping for a Cybersecurity Breach? What would the consequences be if such an event happens were to happen on Black Friday, Cyber Monday, or during the holiday shopping season? Retailers started the century as the prime targets for cyber attackers looking for credit card data. Wed, 11/23/2022 - 07:07.

Retail 127
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Cyber threat related headlines trending on Google

CyberSecurity Insiders

The said malicious software is a kind of file encrypting malware that exploits WinRAR app and compresses the files of the victim with a password that is hard to detect. Fifth is the news about a ransomware attack that struck the IT infrastructure of retailing giant Metro, Germany. or at least 5% of the company’s annual turnover.

article thumbnail

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
article thumbnail

Sugar Ransomware, a new RaaS in the threat landscape

Security Affairs

Cyber security team at retail giant Walmart dissected a new ransomware family dubbed Sugar, which implements a ransomware-as-a-service model. The cyber threat team at retail giant Walmart has analyzed a new ransomware family dubbed Sugar, which is offered through a ransomware-as-a-service (RaaS) model.

article thumbnail

The Future of Payments Security

Thales Cloud Protection & Licensing

The Verizon DBIR 2020 report indicates that financially motivated attacks against retailers have moved away from Point of Sale (POS) devices and controllers, towards web applications. Figure 1: Web application breaches in the Retail industry. There are two ways to protect customers’ PAN, encryption and tokenization.

Retail 143
article thumbnail

48 Countries Commit to Stop Paying Ransomware Demands

SecureWorld News

The global rise of ransomware attacks over the last several years has become an urgent concern, as cybercriminals relentlessly target organizations and individuals, demanding exorbitant ransoms for the release of vital encrypted data. Instead, it becomes part of your everyday, good cyber-hygiene due diligence."