Cybersecurity

Retail Sector Faces Major Cybersecurity Challenges and Gaps in Resilience
Tech & Innovation Retail Sector Faces Major Cybersecurity Challenges and Gaps in Resilience

The retail sector is grappling with alarming cybersecurity challenges and a significant gap in resilience strategies as revealed in the "2024 Futures Report: Cyber Resilience in Retail" by LevelBlue. Despite the rapidly evolving digital landscape, only 37% of surveyed retail executives are

Is Retail Cybersecurity Prepared for Modern Threats and Regulations?
Tech & Innovation Is Retail Cybersecurity Prepared for Modern Threats and Regulations?

The latest findings from LevelBlue's "2024 Futures Report: Cyber Resilience in Retail" underscore a troubling trend that plagues the retail industry—insufficient integration of cybersecurity into enterprise operations. Despite growing cyber threats, the majority of retail executives fail to

Is High-Street Retail Ready for AI-Powered Customer Data Analysis?
Customer Engagement Is High-Street Retail Ready for AI-Powered Customer Data Analysis?

The retail sector is on the cusp of a digital revolution, marked by the increasing adoption of AI-powered data collection technologies. As high-street stores seek to stay competitive in an evolving market, they are turning to innovations like 3D LiDAR and eye-tracking to deepen their understanding

How Will Bassett Furniture Recover From the Recent IT Breach?
E-Commerce How Will Bassett Furniture Recover From the Recent IT Breach?

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

How Is AI-Powered Data Collection Transforming Physical Retail?
Customer Engagement How Is AI-Powered Data Collection Transforming Physical Retail?

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

Retailers Harness Big Data for Personalized Shopping Experiences and Growth
Tech & Innovation Retailers Harness Big Data for Personalized Shopping Experiences and Growth

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

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