On December 7, when thousands of retailers' credit card terminals suddenly stopped working, some wondered if they were the victim of a security breach. Fortunately, the mishap was instead blamed on the expiration of a cryptographic certificate used in older payment terminals made by Hypercom.
While it seemed that eBay was trying to distance itself from its local delivery service, it has since expanded a local delivery test.
In mid-November eBay said it was folding eBay Now into its core operations and pulled its app eBay Now app from the App store.
The computer hack of Sony internal data and emails has suddenly become, well, terrifying, The group, Guardians of Peace, which took credit for hacking the entertainment giant's internal data – and released a lot of it – in late November now says it is planning an attack on movie theaters that are showing the new movie, "The Interview".
While retailers and banks continue to jump on the Apple Pay bandwagon, consumers have not yet caught on – particularly for holiday shopping.
Consumers are suffering from "breach fatigue", since many retailers have been the target of card and data breaches in the last year. While the massive Target breach has been the most publicized, Home Depot, Kmart, SuperValu and a host of other retailers have also been targeted.
The new plans for Google's Shopping service are eerily similar to features already in place at Amazon. According to inside contacts, Google has approached retailers about creating a "buy" button for Google Shopping, similar to Amazon's popular "one-click ordering" feature. Of course, up until now, Google Shopping has referred shoppers to merchants' websites via links in search results.
Amazon continued to expand its sales platform into niche categories with the announcement of the new "Make an Offer" feature. The option will allow customers to haggle for better deals while giving vendors more control over pricing.
Another data breach affecting shoppers' payment cards has been detected, but this time it's not a retailer but mobile payment platform Charge Anywhere.
It's been one year since Target's data breach disrupted the retailer's holiday season, and now a Minnesota District Court has found Target negligent, paving the way for lawsuits as banks and financial institutions potentially seek compensation.
Staples has vastly expanded the options available to mobile shoppers with the rollout of the Staples Exchange, a new e-commerce platform that allows the company's vendors to sell directly to customers.
Malware has been the culprit behind many high profile retail breaches over the last year. Media stories have incorrectly blamed vulnerabilities in point-of-sale (POS) devices. The real security holes have been on back-office PCs attached to payment systems. These devices were susceptible to malware insertion due to out-of-date software, infrequent patching, and reliance on anti-virus programs with out-of-date signature files. You recognize the signs? The good news is that these breaches are preventable.
Bebe has confirmed a data breach in which hackers stole customer card data from nationwide stores over the course of several weeks in November.
Several financial institutions have reported that hackers have stolen credit and debit card information from Bebe.
The FBI has issued an alert warning U.S. businesses of a destructive "wiper" malware attack following the security breach at Sony Pictures Entertainment. The malware overrides all data on hard drives including the master boot record.
It's been a year since Target's data breach and retailers are still vulnerable even as the busiest shopping season kicks into high gear, warns security experts largely due to a lack of focus on asset management.
DSW Inc. is incorporating the CEC Restorative Justice Education solution into its Loss Prevention program to handle and reduce petty thefts.