The retail sector has its own unique cybersecurity risks, especially given the growing emphasis on online commerce. The trend toward purchasing goods and services on the internet has been going on for years. But the volume of e-commerce has seen a sharp increase since the beginning of the pandemic, when many physical stores were forced to lock down or consumers simply opted to buy online rather than visiting brick-and-mortar locations.
Retailers around the world are preparing for a chaotic holiday season. Supply chain disruptions are causing issues, and the ongoing COVID-19 pandemic is something retailers need to keep in mind, especially when operating a brick-and-mortar location. Another pressing issue that retailers of all sizes need to address before the peak of the holiday season is the risk of facing a cybersecurity crisis.
Cyber Monday and the holiday shopping season are around the corner: don’t be the victim of an online shopping scam or cyber security breach. Cyber Monday is here, and the holiday shopping season is in full swing. With some of the world’s biggest brands vulnerable to a Magecart attack, you can’t be too careful with your credit card information.
The pandemic accelerated a trend that was already gaining increased traction: the preference for shopping online. The last eighteen months have brought a surge to the eCommerce industry, with consumers of all ages learning how to order items online. Competition has never been fiercer for online retailers, which means it’s not just quality products and customer service that companies must focus on.
With the never-ending potential of technology to disrupt everyday processes, more and more industries are deciding to adapt to one exciting area of innovation today: artificial intelligence (AI). In fact, Global Industry Analysts Inc. predicts that AI will be worth 164.03 billion GBP by 2026, and here, we look at four industries set to be disrupted by AI. Since the healthcare sector collects and greatly depends on personal data from their patients, AI will play a crucial role in data management.
In the last couple of decades, the retail industry has seen dramatic changes, both on the business and on the consumer side. Perhaps the most notable one is buyers’ ever-increasing shift from physical “brick-and-mortar” retailers to online e-commerce platforms. Unfortunately, this has also been accompanied by more and more fraudulent activities, which in turn required for more digital checks and balances.