Online shopping may see the biggest rise this year, but many consumers still do not feel safe, and many are staying away from retail websites as a result.
There is perhaps no subject more important to retailers this season than security. Just one year after a data breach at Target compromised 40 million payment cards and the personal information of 70 million shoppers, the event is still fresh in shoppers'—and retailers'—minds.
Holiday shopping is in full swing and retailers aren't the only ones hoping to cash in. Cyber thieves are hacking for a cut of your profits and no business – from the local mom and pop store to Fortune 100 retailer – is immune to attack.
There's new evidence to suggest the Staples and Michaels data breaches are connected and could be the work of the same cyber criminals.
Online security and holiday shipping costs ranked top of mind for concerns among 71 percent of respondents, according to the 2014 Kelly Scott Madison Holiday Shopping Study.
Home Depot, which suffered a data breach that compromised 56 million payment cards has added 53 million email addresses to the list of items stolen in the breach.
There are few matters more pressing to retailers than that of security. FierceRetailIT sat down with the PCI Security Standards Council's incoming manager Stephen Orfei to discuss his plans for the group and what retailers should be focused on during the holiday season.
Target announced that it has hired Jacqueline Hourigan Rice in the role of senior VP, chief risk and compliance officer, effective Dec. 1. She will report directly to CEO and Chairman Brian Cornell, and will be responsible for centralized oversight of enterprise risk management, compliance, vendor management and corporate security.
The PCI Security Standards Council has published new guidelines to help retailers improve company-wide information security awareness with a dedicated program.
The controversy over fledgling mobile payment platform CurrentC is growing. The Merchant Customer Exchange's (MCX) pilot program has already been hacked.