Loss Prevention & Security: Page 5
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New tech tag hopes to reduce retail's shrinkage problem
The technology hopes to disrupt shoplifting, wardrobing, receipt fraud, price switching and other forms of theft.
By Tatiana Walk-Morris • June 5, 2019 -
Mastercard, Samsung partner to safeguard digital identities
The collaboration aims to address the risk of fraud by streamlining authentication processes.
By Tatiana Walk-Morris • May 24, 2019 -
Report: High prices push Gen Z to purchase counterfeits
But educating younger shoppers about the downsides of buying fakes and introducing affordable options could win them over.
By Tatiana Walk-Morris • May 22, 2019 -
460K accounts accessed in Uniqlo Japan hack
Parent company Fast Retailing revealed that nearly half a million online user accounts were accessed between April 23 and May 10.
By Kaarin Vembar • May 15, 2019 -
Eddie Bauer faces $9.8M tab for data breach
Cybersecurity continues to be an issue for retailers and customers, incurring costs to company reputations and bottom lines.
By Daphne Howland • May 6, 2019 -
Deep Dive
Will sustainability change the retail landscape?
From climate change to denim manufacturing, we take a look into just a few of the challenges retailers face — and how they're responding.
By Cara Salpini • April 22, 2019 -
Deep Dive
Clouds on the horizon: What climate change means for retail
From supply chains to marketing, weather-related changes have impacted how retailers do business.
By Daphne Howland , Cara Salpini , Kaarin Vembar , Caroline Jansen • April 22, 2019 -
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 -
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 Vembar • 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 -
'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 Vembar • Dec. 14, 2018 -
$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 Vembar • 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 -
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 -
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