On July 10, 2024, Bassett Furniture Industries uncovered a significant unauthorized breach within its information technology (IT) systems, initiating swift and robust responses to contain the threat. Bassett immediately shut down affected systems, activated their incident response plan, and began a
AI-powered data collection is revolutionizing physical retail, particularly in high-street stores. While digital tracking has become commonplace online, its infiltration into brick-and-mortar settings opens up new vistas and poses new challenges. The shift from online to offline tracking raises
Big Data has revolutionized numerous industries, and the retail sector is no exception. As the market value of Big Data reaches unprecedented heights, retailers are leveraging this technology to stay competitive and cater to evolving consumer expectations. From e-commerce giants to traditional
The retail sector has been significantly transformed by Artificial Intelligence (AI), which is reshaping inventory management to enhance efficiency, predict customer behavior, and streamline processes. Retailers like Walmart and Amazon are leveraging AI's predictive and automated capabilities to
The recent mass IT outage affecting Microsoft systems has caused significant disruptions across various sectors globally, particularly retail and transportation. The incident serves as a stark reminder of the heavy reliance on digital infrastructure and the vulnerabilities inherent in this
The financial services landscape is undergoing a significant metamorphosis in 2024, driven by the potent forces of digital transformation and technological advancement. Financial institutions must now navigate a rapidly evolving environment where staying competitive means embracing innovative
