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Holiday Shopping Readiness: How is Retail Data Security Holding Up?

Thales Cloud Protection & Licensing

Consumers are guarding their privacy more than ever. Any operational downtime or even worse data loss due to a data breach could significantly impact customer loyalty and their highly anticipated holiday season revenues. According to a recent study, the average cost of a retail data breach in 2024 is reported to be $3.48

Retail 71
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Holiday Shopping Readiness: How is Retail Data Security Holding Up?

Security Boulevard

Consumers are guarding their privacy more than ever. Any operational downtime or even worse data loss due to a data breach could significantly impact customer loyalty and their highly anticipated holiday season revenues. According to a recent study, the average cost of a retail data breach in 2024 is reported to be $3.48

Retail 64
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Data Privacy Week 2023: Privacy Gains Power From Other Societal Forces

Security Boulevard

As the conversation around privacy progresses beyond a focus on security infrastructure and best practices for preventing data breaches, regulations are working to catch up. Enable data permissions that usefully anticipate the user's intentions.

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Utah Consumer Privacy Act (UCPA) 

Centraleyes

Controller Responsibilities: Determine Purpose: Decide why personal data is needed and how it will be used. Data Collection: Collect personal data from individuals. Compliance: Ensure that the data processing complies with privacy laws and regulations. What rights do consumers have under the UCPA?

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2024 Cybersecurity Laws & Regulations

eSecurity Planet

HIPAA also requires organizations to conduct regular risk assessments and report data breaches. Children’s Online Privacy Protection Act (COPPA) The Children’s Online Privacy Protection Act (COPPA) regulates the collection of personal information from minors to protect the privacy of children under 13.

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What is Maryland’s Online Data Privacy Protection Act?

Centraleyes

Maryland Takes the Lead in Privacy Legislation with Comprehensive MODPA The Maryland legislature enacted two comprehensive privacy bills to limit how big tech platforms can acquire and utilize customers’ and children’s data. Notification Timelines The PIPA amendments of 2022 reduce the period for the notification of a data breach.

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Survey Says…Cybersecurity Remains A Critical Challenge For Business

Privacy and Cybersecurity Law

” A prior IBM Study on the cost of data breaches found, using a sample of 419 companies in 13 countries and regions, that 47% of data breach incidents in 2016 involved a malicious or criminal attack, 25% were due to negligent employees or contractors (i.e.,