Loss Prevention & Security: Page 6
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Getty
As supply chains get tech savvy, is cybersecurity keeping pace?
With interconnected supply chains, a hack on one supplier can jeopardize an entire business.
By Deborah Abrams Kaplan • April 17, 2019 -
Pixabay
Counterfeit goods total $509B, 3.3% of global trade and growing
The e-commerce boom has created a greater circulation of small parcels — a "growing conduit for counterfeit goods," according to the OECD.
By Shefali Kapadia • March 20, 2019 -
Mastercard to acquire fintech company Ethoca
The move will increase digital security efforts to protect merchants and card users against fraudulent activity.
By Dan O'Shea • March 13, 2019 -
Amazon unveils Project Zero to fight counterfeits
The company's automated technology will scan over 5 billion listings daily and will remove suspect products.
By Dan O'Shea • March 1, 2019 -
Markdowns cost retailers $300B last year
E-commerce is making inventory management more difficult, according to a report from Coresight Research and inventory analytics firm Celect.
By Daphne Howland • Feb. 11, 2019 -
David Yurman awarded $1.6M in counterfeit case
The luxury jewelry company obtained a default judgment and permanent injunction against 31 defendants.
By Kaarin Moore • Feb. 4, 2019 -
ShopRunner gains UPS investment, acquires anti-fraud firm Precognitive
The marketplace and free shipping service expands again, adding a big-name investor and acquiring an AI-based security tool provider.
By Dan O'Shea • Jan. 23, 2019 -
Neiman Marcus to pay $1.5M settlement over 2013 data breach
Over a three-month period, roughly 370,000 company credit cards used at 77 stores nationwide were accessed by an unknown third party.
By Corinne Ruff • Jan. 9, 2019 -
Digital card-not-present fraud to hit $130B by 2023
Card-not-present fraud is becoming a bigger problem, and merchants are not investing enough in prevention solutions, according to Juniper Research.
By Dan O'Shea • Jan. 3, 2019 -
Warby Parker hit by cybersecurity attack
The eyeglass retailer stated that the breach may have impacted up to 198,000 customers.
By Dan O'Shea • Jan. 2, 2019 -
Getty
'Tis the season for increased cyber attacks
A report by Infoblox reveals that retailers experience an increase in online theft and fraudulent behavior during the holidays.
By Dan O'Shea • Dec. 17, 2018 -
Counterfeits: The nightmare before Christmas
A recent congressional briefing warned consumers of the dangers of purchasing counterfeit goods, and retailers of the brand risks.
By Kaarin Moore • Dec. 14, 2018 -
U.S. Customs and Border Protection
$1.7M worth of counterfeit Nike sneakers seized
The underground industry continues to grow despite the fact that government and private business are working to combat the threat of counterfeits.
By Kaarin Moore • Dec. 10, 2018 -
Organized retail crime continues to surge
An NRF study revealed that 92% of retailers have been victims of organized crime in the past year.
By Dan O'Shea • Dec. 6, 2018 -
Getty Images
Amazon stays quiet on cybersecurity breach
The e-commerce giant is providing few details about a leak of customer names and emails right before Black Friday.
By Daphne Howland • Nov. 26, 2018 -
Online fraud accelerates into holiday shopping season
One year after a record number of fraudulent account takeovers, security company 4iQ is warning e-commerce companies of more threats to come.
By Dan O'Shea • Nov. 26, 2018 -
Josue Valencia
Online fraud attempts forecasted to peak on Thanksgiving Day
Attempted e-commerce fraud is expected to grow less than last year, but the 14% rise seen by ACI Worldwide is still troublesome for retailers.
By Dan Alaimo • Nov. 16, 2018 -
Apple's e-commerce leads all US retailers in cybersecurity
The Naughty and Nice list from LastPass ranked the best and worst online retailers in terms of security.
By Dan Alaimo • Nov. 15, 2018 -
Cara Salpini for Retail Dive
Nordstrom employee data breached
Retailers are among the least trusted by consumers when it comes to keeping personal data safe.
By Daphne Howland • Nov. 14, 2018 -
Lord & Taylor settles state racial discrimination claims
The retailer's settlement with the Massachusetts attorney general highlights a common lack of explicit policies that prevent retail employees from treating customers unfairly based on race.
By Daphne Howland • Updated Nov. 19, 2018 -
NCR acquires StopLift to combat self-checkout theft
The point-of-sale manufacturer plans to integrate StopLift AI technology, which analyzes security video, with its own POS systems.
By Dan Alaimo • Nov. 7, 2018 -
The holidays mean higher sales — and more fraud
Digital goods, electronics, and food and beverage are all common category targets for rising fraud attacks, according to new research from Forter.
By Dan Alaimo • Oct. 25, 2018 -
Mastercard unveils new card security push
The financial company aims to have all its cards ready to support digital token-based security by 2020, the latest in a major push by traditional credit card networks to increase sector-wide support for tokenization.
By Dan O'Shea • Oct. 22, 2018 -
Visa adds payment partners to network token service
The credit card company adds more partners to its tokenization service, which could help the digital security practice spread throughout the industry.
By Dan O'Shea • Oct. 18, 2018 -
FTC: More scammers demand gift cards from stores as payments
Fraud involving gift cards like iTunes is up 270% since 2015 as scammers coerce people into using them to pay for imposter scams.
By Dan Alaimo • Oct. 18, 2018
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