Loss Prevention & Security: Page 7
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Shopify aims to protect merchants from fraudulent chargebacks
The e-commerce platform’s new feature is intended to protect merchants at a time when the volume and cost of retail fraud have risen dramatically.
By Dan Alaimo • Oct. 10, 2018 -
New tech uses product 'fingerprints' to detect counterfeits
Entrupy's new solution is based on data in the cloud to verify the authenticity of designer and luxury goods.
By Dan Alaimo • Oct. 8, 2018 -
Fraud attacks on retailers rose 13% in 2017
E-commerce and growing fraudster sophistication are driving increased attacks, according to the Forter Fraud Attack Index report.
By Dan Alaimo • Oct. 2, 2018 -
Shein says data breach affected 6.4M customers
The fashion retailer is just the latest to discover stolen customer data in a cyberattack, as retail security incidents continue to be a problem.
By Dan O'Shea • Sept. 28, 2018 -
Study: Shopping habits can lead consumers to buy counterfeit shoes
Roughly 20% of consumers have bought fake footwear — and most were satisfied with its quality — according to a report from Red Points.
By Dan Alaimo • Sept. 28, 2018 -
Retailers in the forefront of hurricane preparedness
While much is made of the benefits and costs to retailers during major weather events, their focus is on safety.
By Daphne Howland • Sept. 14, 2018 -
Home Depot hires a new CISO after losing former exec to Equifax
Steve Adegbite joins the company to focus on data protection and vulnerability management. He is the latest hire in the company's largest technology hiring wave ever.
By Alex Hickey • Aug. 8, 2018 -
A dollar of digital fraud costs merchants $2.94
A new study finds successful fraudulent transactions per month continue to increase, while the number of attempted bad transactions blocked continues to stay just ahead.
By Dan O'Shea • Aug. 1, 2018 -
Returns software firm Optoro raises $75 million for expansion
Dealing with returned merchandise is one of the biggest challenges facing retailers today, evidenced by the funding raised by the logistics tech specialist.
By Dan Alaimo • July 31, 2018 -
US retailers lead world in data breaches
Despite big spending by U.S. retailers, data breaches continue to grow, according to a study, with half reporting a breach in the last year.
By Dan Alaimo • July 30, 2018 -
Macy's and Bloomingdale's customer profiles hacked
The broad breach exposed mounds of personal information, leading security experts to point to weak authentication practices.
By Dan Alaimo • July 10, 2018 -
Data thieves go after Adidas, other sports and fitness sites
Adidas’ e-commerce site suffered a breach involving millions of customers.
By Dan Alaimo • July 5, 2018 -
Amazon, eBay join effort to combat counterfeits
The online marketplaces, along with Alibaba and Rakuten-France, have signed a European Commission Product Safety Pledge that promises to rein in dangerous and fake product listings.
By Dan Alaimo • June 26, 2018 -
PayPal plans to buy fraud fighter Simility
Through its latest startup acquisition, the payment company snagged a machine-learning based anti-fraud platform to help round out its capabilities.
By Dan O'Shea • June 24, 2018 -
Survey finds many retailers have paid off ransomware hackers
Retailers admit to paying ransoms to hackers, but a newly formed group within the industry designed to promote payment security could help stop the practice.
By Dan O'Shea • June 14, 2018 -
Retail IoT could be $94 billion market by 2025
Yet another bit of research reaches the conclusion that the Internet of Things technology is becoming increasingly valuable to retailers.
By Dan O'Shea • June 13, 2018 -
Sponsored by B-Stock
A look at the retail secondary market (hint: it's exploding)
As return rates spike, retailers are turning to secondary market channels to offset loss.
May 31, 2018 -
50% of consumers shop on mobile, but only 20% purchase
Anything less than a seamless experience sends consumers running.
By Dan Alaimo • May 29, 2018 -
Shrink cost retailers $100B last year
The percentage of lost sales in the U.S. was 1.85%, translating to more than $42 billion, according to a study by Tyco Retail Solutions.
By Dan O'Shea • May 29, 2018 -
80% of retailers set to spend on visibility platforms powered by RFID, IoT
Many retail companies are ready to spend on technology to facilitate better shopping experiences, and they shouldn't hesitate, according to IDC.
By Dan O'Shea • May 17, 2018 -
Mobile ad fraud rates double, with shopping apps hardest hit
The damage from mobile ad fraud is approaching $5 billion, and e-commerce apps represented 40% of the fraud tracked by Adjust.
By Dan Alaimo • May 10, 2018 -
Amazon starts offering smart home security packages
Amazon apparently has expanded into smart home security services, including installation.
By Dan O'Shea • April 29, 2018 -
Sponsored by B-Stock
Everybody liquidates. How you do it, matters
With return rates reaching new highs, the amount of money lost in overstock is forcing retailers to view liquidation in a new light.
April 25, 2018 -
Opinion
The rise of surveillance commerce
Consumers feel spied on as data are bought, sold and stolen. Lee Peterson of WD Partners asks, "Is this good for brands?"
By Lee Peterson • April 19, 2018 -
Ikea-owned TaskRabbit hit by apparent data breach
TaskRabbit shut down its website and app earlier this week after a "cybersecurity incident" involving the discovery of an unauthorized user on its systems.
By Dan Alaimo • April 19, 2018