• Advertise
  • Contact Us
  • About Us
  • Supplier Directory
  • SCB YouTube
  • Login
  • Subscribe
  • Logout
  • My Profile
  • LOGISTICS
    • Air Cargo
    • All Logistics
    • Express/Small Shipments
    • Facility Location Planning
    • Freight Forwarding/Customs Brokerage
    • Global Gateways
    • Global Logistics
    • Last Mile Delivery
    • Logistics Outsourcing
    • LTL/Truckload Services
    • Ocean Transportation
    • Rail & Intermodal
    • Reverse Logistics
    • Service Parts Management
    • Transportation & Distribution
  • TECHNOLOGY
    • All Technology
    • Artificial Intelligence
    • Cloud & On-Demand Systems
    • Data Management (Big Data/IoT/Blockchain)
    • ERP & Enterprise Systems
    • Forecasting & Demand Planning
    • Global Trade Management
    • Inventory Planning/ Optimization
    • Product Lifecycle Management
    • Sales & Operations Planning
    • SC Finance & Revenue Management
    • SC Planning & Optimization
    • Sourcing/Procurement/SRM
    • Supply Chain Visibility
    • Transportation Management
  • GENERAL SCM
    • Business Strategy Alignment
    • Education & Professional Development
    • Global Supply Chain Management
    • Global Trade & Economics
    • HR & Labor Management
    • Quality & Metrics
    • Regulation & Compliance
    • SC Security & Risk Mgmt
    • Supply Chains in Crisis
    • Sustainability & Corporate Social Responsibility
  • WAREHOUSING
    • All Warehouse Services
    • Conveyors & Sortation
    • Lift Trucks & AGVs
    • Order Fulfillment
    • Packaging
    • RFID, Barcode, Mobility & Voice
    • Robotics
    • Warehouse Management Systems
  • INDUSTRIES
    • Aerospace & Defense
    • Apparel
    • Automotive
    • Chemicals & Energy
    • Consumer Packaged Goods
    • E-Commerce/Omni-Channel
    • Food & Beverage
    • Healthcare
    • High-Tech/Electronics
    • Industrial Manufacturing
    • Pharmaceutical/Biotech
    • Retail
  • THINK TANK
  • WEBINARS
    • On-Demand Webinars
    • Upcoming Webinars
    • Webinar Library
  • PODCASTS
  • VIDEOS
  • WHITEPAPERS
Home » Initiative Launched to Enhance Retail Industry Cyber-security

Initiative Launched to Enhance Retail Industry Cyber-security

January 30, 2014
RILA

While retailers place extremely high priority on data security and invest tremendous resources to prevent attacks, cyber-criminals are persistent and their methods of attack are increasingly sophisticated. Enhanced security measures help to thwart attacks, but unfortunately some attacks have been successful and the resulting incidents can affect millions. Recent successful attacks against retailers, technology companies, utilities and even the most sophisticated government agencies have understandably focused public attention on cybersecurity and data privacy.

There are other important reasons behind recent attention to data privacy and security.

First is the volume of data available to organizations and individuals. It is said that more data will be generated in the next two years than was generated in the entire history of humankind. To retailers, access to such "big data," and the analytics to interpret it, are essential to providing the tailored services that customers demand. Attention to the security and privacy of that data is understood to be important.

Second, seemingly everything, from refrigerators and TVs to wearable technology that monitors physical activity for health purposes, can now collect, store and transmit data. The internet-of-things, as it is often described, is likely only to expand and as it does, important decisions will have to be made about how to address privacy and security.

While the retail industry is certainly not alone in facing these strategic privacy questions, in many ways its cybersecurity-related challenges are unique.

Unlike attacks on non-consumer facing industries that seek proprietary corporate information, cyber-attacks on retailers are aimed at sensitive consumer financial data that can be used for financial gain. The number of those potentially affected in a successful attack is staggeringly high. Such a breach can affect consumers' faith in the system and can damage the relationship that all retailers seek to build with their customers.

Read Full Article

    RELATED CONTENT

    RELATED VIDEOS

    Global Supply Chain Management Regulation & Compliance Supply Chain Security & Risk Mgmt Consumer Packaged Goods High-Tech/Electronics Pharmaceutical/Biotech Retail
    KEYWORDS consumer packaged goods Cyber-Security data breaches Global Supply Chain Management High-Tech/Electronics Pharmaceutical/Biotech Regulation & Compliance Retail retail industry retail supply chain RILA SC Security & Risk Mgmt Supply Chain Analysis & Consulting Supply Chain Management Supply Chain Management: Retail Value chain
    • Related Directories

      Tecsys, Inc.

    RILA

    House Bill Seeks to Levy Taxes on Online-only Retail Merchants

    More from this author

    Subscribe to our Daily Newsletter!

    Timely, incisive articles delivered directly to your inbox.

    Popular Stories

    • A MAN APPLIES PACKING TAPE TO A BROWN CARDBOARD BOX IN A LIVING ROOM OR OFFICE

      How Apparel and Retail Companies Are Implementing Intelligent Returns

      Reverse Logistics
    • A NURSE IN BLUE SCRUBS AND A WHITE TURTLENECK WEARING A MASK LOOKS INTO THE CAMERA WHILE HOLDING A CLIPBOARD.

      How Can Employers Repair the ‘Disconnect’ With Essential Frontline Workers?

      Artificial Intelligence
    • A ROW OF CHILDREN SITS CARVING WOODEN PANELS ON A DIRT FLOOR.

      Is Artificial Intelligence a Solution for Modern Slavery?

      Logistics
    • A SHIP LOADED WITH ORANGE CONTAINERS MAKES WAY UNDER A BRIDGE OVER A MUDDY BROWN WATERWAY

      Panama Chaos Grows as U.S. Diesel Shippers Bypass Canal

      Ocean Transportation
    • A MASKED WOMAN USING A TABLET CAN BE SEEN CHECKING WAREHOUSE INVENTORY.

      Warehousing and Storage Most Stressful Industry in U.S., Report Finds

      HR & Labor Management

    Digital Edition

    Scb nov 2023 lg

    2023 Supply Chain Innovation Award

    VIEW THE LATEST ISSUE

    Case Studies

    • A GRAPHIC SHOWING MULTIPLE FORMS OF SHIPPING, WITH A HUMAN STANDING AT THE CENTER, TOUCHING A SYMBOLIC MAP OF THE WORLD

      Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

    • A GRAPHIC OF INTERLACING HONEYCOMBED ELEMENTS REPRESENTING GLOBAL BUSINESS TRANSACTIONS

      Moving Robots Site-to-Site

    • JLL Finds Perfect Warehouse Location, Leading to $15M Grant for Startup

    • Robots Speed Fulfillment to Help Apparel Company Scale for Growth

    • New Revenue for Cloud-Based TMS that Embeds Orderful’s Modern EDI Platform

    Visit Our Sponsors

    Antuit Zebra Anvyl AutoStore
    BEUMER Group Blue Ridge Global Brightdrop
    Brother CHEP Cleo
    Coenterprise Comarch Data Capture
    E2open Enveyo Eva Air
    ForwardX Robotics Frayt GAINSystems
    Generix Geodis GEP
    Global Supply Chain Marketing Summit GreyOrange Here
    HICX Holman Logistics Infor
    Inmar Kinaxis Lexis Nexis
    Locus Robotics Logility LogistiVIEW
    Lucas Systems MCA Connect MCA Connect
    Moody’s Analytics MPO Old Dominion
    OneRail Overhaul PartnerLinQ (Visionet)
    Port of Virginia Rockwell Automation Ryder E-commerce by Whiplash
    Saddle Creek Logistics SAP Servicon
    Shyft Sourcemap SPS Commerce
    Tecsys TGW Systems Thomson Reuters
    Veho Verusen Walmart
    Workshop
    • More From SCB
      • Featured Content
      • Video Library
      • Think Tank Blog
      • SupplyChainBrain Podcast
      • Whitepapers
      • On-Demand Webinars
      • Upcoming Webinars
    • Digital Offerings
      • Digital Issue
      • Subscribe
      • Manage Your Subscription
      • Newsletters
    • Resources
      • Events Calendar
      • SCB's Great Supply Chain Partners
      • Supplier Directory
      • Case Study Showcase
      • Supply Chain Innovation Awards
      • 100 Great Partners Form
    • SCB Corporate
      • Advertise on SCB.COM
      • About Us
      • Privacy Policy
      • Contact Us
      • Data Sharing Opt-Out

    All content copyright ©2023 Keller International Publishing Corp All rights reserved. No reproduction, transmission or display is permitted without the written permissions of Keller International Publishing Corp

    Design, CMS, Hosting & Web Development :: ePublishing