Loss Prevention & Security: Page 8
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Fotolia
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 -
Pixabay
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 -
Explore the Trendline➔
Spencer Platt / Staff via Getty Images
TrendlineThe state of loss prevention in retail
The types of losses attributed to retail theft has become more apparent — as is the need for more in-depth reporting and prevention strategies.
By Retail Dive staff -
Sponsored by B-StockA 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 -
Fotolia
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 -
Avery Dennison
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-StockEverybody 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 -
Study: 48% of shoppers ready for voice recognition security
Voice recognition for personal verification could be a tool for retailers looking to make customer service calls more positive experiences for their customers.
By Dan O’Shea • April 12, 2018 -
Deep Dive
Can Amazon and its marketplace rivals fix their counterfeits problem?
Counterfeiting could soon be a $1 trillion criminal enterprise. As fakes proliferate online, the government is taking notice and brands are taking their arguments public — and to court.
By Ben Unglesbee • April 9, 2018 -
Panera Bread’s 8-month long data breach affects millions
The event could impact up to 37 million customers signed up for online ordering.
By Dan Alaimo • April 4, 2018 -
Shopping apps leading target as mobile fraud escalates
Mobile app fraud increased 30% in 2018’s first quarter, and one of the sectors hit hardest was shopping apps, said AppsFlyer in a new report.
By Dan Alaimo • April 3, 2018 -
Raysonho. (2016). “Saks Fifth Avenue in Toronto” [photograph]. Retrieved from Wikimedia Commons.
Hudson’s Bay data breach among ‘most damaging’ in retail
The department store retailer’s Saks and Lord & Taylor stores were hit with a massive security breach in their point-of-sale systems, adding to the company’s ongoing woes.
By Dan O’Shea • April 2, 2018 -
Deep Dive
Desperate for profits, retailers reinvent inventory strategies
Gap, J.C. Penney and Lowe’s may be different types of retailers — but all share similar solutions to weathering the retail apocalypse.
By Edwin Lopez • March 8, 2018 -
Walmart develops produce inspection technology to track freshness
The company’s Eden project digitally tracks the quality and freshness of fruits and vegetables, and will save an estimated $2 billion over five years.
By Dan Alaimo • March 5, 2018 -
Getty Images
Fraud, cyber and security incidents reach all-time high
The risk of fraud has never been greater, according to a new report from Kroll, and survey respondents feel more vulnerable than ever.
By Dan Alaimo • Feb. 27, 2018 -
Untuckit pilots RFID on New York’s Fifth Avenue
The fast-growing men’s casual apparel retailer is buttoning down its inventory optimization and tracking with RFID.
By Dan Alaimo • Feb. 5, 2018 -
Getty Images
Cyberattacks on the cloud could cost retail $3.6B
Retailers are increasingly relying on cloud services, which could put them in line for big losses if their cloud provider is taken offline by a cyber incident.
By Dan O’Shea • Jan. 26, 2018 -
Getty Images
New malware injection technique poses retail risk
The bad guys keep finding new ways to get past the good guys, as a new malware injection technique aims to escape retailers’ detection efforts, according to cybersecurity company Cyberbit.
By Dan O’Shea • Jan. 3, 2018 -
Forever 21 confirms POS breach captured customer card data
The incident, which was first discovered in November, compromised an unspecified amount of data and was due largely to device encryption being turned off.
By Dan O’Shea • Jan. 3, 2018 -
Mattress Firm to close 200 stores
The company’s struggles could provide some relief to department stores, which still traditionally sell a lot of mattresses despite giving up market share to discount players and new e-commerce startups.
By Daphne Howland • Dec. 29, 2017 -
Retail partners targeted by email phishing attacks
As retailers are migrating apps to the cloud, they could face more security threats, a study by Netskope finds — especially where they interface with third-party partners.
By Dan O’Shea • Dec. 14, 2017
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