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Retail giant Home Depot agrees to a $17.5 million settlement over 2014 data breach

Security Affairs

Retail giant Home Depot has agreed to a $17.5 million settlement in a multi-state investigation of the data breach that the company suffered in 2014. The US largest home improvement retailer giant Home Depot agrees to $17.5 million settlement over the 2014 data breach. ” . . Pierluigi Paganini.

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American retailer Guess discloses data breach after ransomware attack

Security Affairs

American clothing brand and retailer Guess discloses a data breach after the February ransomware attack and is notifying the affected customers. In February, American fashion brand Guess was hit by a ransomware attack, now the company is disclosing a data breach and is notifying affected customers.

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Biden administration passes bill against Quantum Computing Data Breaches

CyberSecurity Insiders

Joe Biden and his administration seems be on a forward thinking gear for quantum technology linked cyber attacks leading to data breaches. On December 21st,2022, the Senate passed a bipartisan bill to prevent data breaches emerging from quantum computing. isn’t it? .

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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.

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Cactus RANSOMWARE gang hit the Swedish retail and grocery provider Coop

Security Affairs

The Cactus ransomware group claims to have hacked Coop, one of the largest retail and grocery providers in Sweden. Coop is one of the largest retail and grocery providers in Sweden, with approximately 800 stores across the country. The stores are co-owned by 3.5 million members in 29 consumer associations.

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CafePress slapped with $500,000 penalty for data breach

CyberSecurity Insiders

American Online Retailing Giant CafePress has been pressed with a $500,000 penalty for failing to protect the data of its customers. So, as per the latest announcement, CafePress’s former owner must pay half a million penalty and should take cybersecurity measures to stop user data from being accessed by hackers.

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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.

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