A significant proportion of consumers are feeling insecure about their personal data, according to a study from Deloitte, and many believe their information should be worth something.
Hudson’s Bay said it has become aware of a data security issue involving customer payment card data at certain Saks Fifth Avenue, Saks Off 5th, and Lord & Taylor stores in North America.
In an effort to overcome current barriers to smart home adoption, Haier displayed complete, one-stop smart home solutions at CES in Las Vegas.
While smart home appliances continue to enter the market, concerns over security and privacy have not waned. The latest example of smart home vulnerabilities within the housewares industry involved LG Electronics’ robotic vacuums and other smart home appliances.
Whole Foods Market said it has investigated and resolved a security incident previously announced on September 28, involving unauthorized access of payment card information used at certain venues such as tap rooms and full table-service restaurants located within some stores.
According to research conducted by payments provider Paysafe, 59% of Americans think fraud is an inevitable part of shopping online.
Amazon.com is facing cyber security concerns as hackers are said to have targeted third party and independent sellers on the platform to post fake deals and steal money directly from some accounts, according to a report in The Wall Street Journal.
In response to the planned acquisition of two divisions of Icontrol Networks by Alarm.com, Honeywell International has filed an antitrust suit claiming the combined entity of two of its competitors would result in 70% share of the market for software that allows remote operation of connected products and devices, according to a report by the New Jersey Law Journal.
Hackers have more opportunities than ever to infiltrate retailer networks, according to SecurityScorecard.
According to a LexisNexis Risk Solutions study, Millennials in the United States are less likely to trust mobile wallets and retailers when it comes to personal information than is the case in many other countries.