Tag: data breaches

E-payment & Data Security, Tech

Cybercriminals take advantage of pandemic store-closures to increase scams

June 18, 2021

Via: Charged

Cybercriminals used a ranged of techniques to scam online shoppers during the heights of the pandemic according to Verizon’s Data Breach Investigations Report. The report showed that while the vast majority of data breaches in retail are still external, criminals […]

E-payment & Data Security, News & Trends, Tech

Retail shrink totaled nearly $62B in 2019

July 17, 2020

Via: Retail Dive

According to the NRF’s previous research, retail shrinkage totaled $46.8 billion in 2017, indicating that retail’s shrink problem has continued to grow over the past few years. “Between an increase in incidents and new ways to steal, shrink is at […]

E-payment & Data Security, Tech

Amazon stays quiet on cybersecurity breach

November 26, 2018

Via: Retail Dive

Amazon may be especially tight-lipped about this breach because of its timing, just ahead of the unofficial launch of the holiday shopping season. The news is nevertheless likely to affect sales, especially in light of escalating competition online from Target, […]

News & Trends

US retailers lead world in data breaches

July 30, 2018

Via: Retail Dive

In a truly dubious accomplishment, retail has emerged as the world leader in data breaches. Big numbers and bad news for U.S. retailers characterized a recent report from Thales eSecurity. Data breaches increased significantly last year, and while retailers are […]

E-payment & Data Security, Tech

Cyber Resilience, Retail And The Role Of Technology

February 2, 2018

Via: The Retail TouchPoints Blog

If 2017 is to be remembered for anything it will surely be the dramatic increase of data breaches and cyberattacks reported in the media. We all know cyber criminals are using increasingly sophisticated techniques to gain access to company networks, […]

E-payment & Data Security, Tech

2 out of 3 shoppers store credit card information online

June 6, 2017

Via: FierceRetail

Fear of fraud is not enough to keep U.S. shoppers from storing their credit card information online. According to a new report from, 94 million Americans have their card information stored online for future purchases. That’s 2 out of 3 digital […]

E-payment & Data Security, Tech

Payment and personal data are what hackers seek most

August 18, 2016

Via: Internet Retailer

The average sale price for a stolen credit card paired with personal information on the cardholder is $15. “Criminals have a clear incentive to target internet retailers,” says Brett McDowell, executive director of the FIDO [Fast Identity Online] Alliance, an […]