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
In early May 2025, two of the United Kingdom's best-known grocers, Marks & Spencer (M&S) and the Co-op, as well as luxury retailer Harrods, were struck by sophisticated social-engineering attacks that tricked IT teams into resetting critical passwords and deploying ransomware across their networks. retail industry.
In a matter of days, three major cybersecurity incidents have hit the retail and financial services sectors, drawing renewed attention to supply chain vulnerabilities, credential-based attacks, and the increasing value of non-financial customer data. The retail sector can find themselves caught in tradeoffs," said BeyondTrust's Maude.
Retailers around the world are preparing for a chaotic holiday season. Supply chain disruptions are causing issues , and the ongoing COVID-19 pandemic is something retailers need to keep in mind, especially when operating a brick-and-mortar location. About 24% of all 2020 breaches were aimed at retailers. Train staff members.
AI, a double-edged sword AI-driven cybersecurity tools enhance threatdetection but also empower attackers with sophisticated socialengineering, deepfake campaigns, and automated exploits. Identity ThreatDetection and Response (ITDR) is gaining traction to counter AI-enabled identity fraud.
The stolen information was then used in socialengineering scams that tricked users into giving away their crypto. Coinbase is pledging to reimburse retail customers who were tricked into sending funds to the scammers, so long as the transfers were directly linked to this incident and occurred before May 15.
Allegedly orchestrated by the same group known as Scattered Spider, these attacks highlight the significant challenges even the most respected and established brands face in defending against modern cyber threats. Then, the focus of cyber attacks on retailers, and what lessons must be learned by business leaders and customers.
The average breach in the retail sector costs $2.9 AI-driven threatdetection Implementing AI-driven threatdetection allows your organization to analyze enormous volumes of data in real-time. Additionally, complex supply chains and franchise models create sprawling attack surfaces.
Holiday Shopping Readiness: How is Retail Data Security Holding Up? Retailers have been prepping for this season all year and are ready to provide a safe, secure, and seamless customer shopping experience. According to the National Retail Federation (NFR), retail sales during 2024 will grow between 2.5% trillion and $5.28
Holiday Shopping Readiness: How is Retail Data Security Holding Up? Retailers have been prepping for this season all year and are ready to provide a safe, secure, and seamless customer shopping experience. According to the National Retail Federation (NFR), retail sales during 2024 will grow between 2.5% trillion and $5.28
The attackers employed socialengineering techniques to trick victims into sharing their financial data or making a payment on a fake page. We analyzed phishing detections separately for users of our home and business products. This should not come as a surprise given Amazon is one of the world’s largest online retailers.
The APT group RedCurl, discovered by Group-IB Threat Intelligence experts, has been active since at least 2018. Since then, it has conducted 26 targeted attacks on commercial organizations alone, including companies in the fields of construction , finance , consulting , retail , banking , insurance , law ,and travel.
He has 15 years of cybersecurity technical product and program management experience delivering cyber solutions and developing thought leadership across multiple verticals, with a focus on threatdetection, threat exposure management, response/remediation and protection.
Cybercriminals might be looking to capitalize on the start of the new academic year, which brings high employee turnover and a busy period for sectors like hospitality and retail trade. By leveraging our expertise in interacting with threat actors, we gained valuable insights into their intentions.
As cybercriminals leverage publicly available and custom-made AI tools to orchestrate highly targeted campaigns, exploiting the trust of individuals and organizations alike, security vendors will integrate generative AI into their toolkits to enhance threatdetection and response capabilities. million in cash.
Socialengineering attacks , including phishing, spam, and viruses introduced via clickable links within e-mail affected 80% of the banking institutions in 2016. The key enterprise cyber security risk management process Maintain increased cybersecurity awareness of major types of threats.
Cybercriminals might be looking to capitalize on the start of the new academic year, which brings high employee turnover and a busy period for sectors like hospitality and retail trade. By leveraging our expertise in interacting with threat actors, we gained valuable insights into their intentions.
After a slight pause, they ask you to purchase some gift cards for an upcoming raffle from whatever local retailer is close to you. It’s important training includes more than just a series of videos and a test; organizations have to leverage active participation tools as well such as socialengineering campaigns.
Twitter released a statement indicating that this attack was the result of employees with internal access falling victim to socialengineering that allowed the bad actors to take advantage of their insider privilege. In fact, larger corporations experience more insider threats than small and mid-sized businesses.
Best network security practices are essential, including using anti-malware, firewalls, intrusion prevention and detection (IPDS), network and log monitoring, data protection, security information and event management (SIEM), and threat intelligence. Phishing and SocialEngineering. Examples of Crimeware Malware Attacks.
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