Online marketplace MyDeal, majority owned by Woolworths Group since September, has become the latest to suffer a data hack as cyber crime continues to pose a significant threat to retailers of all descriptions.
Here at Power Retail, we have spent just over a week now shining a spotlight on cybersecurity for retailers, a topic of increased importance and interest particularly following the recent catastrophic hack and data breach suffered by telecommunications giant Optus. We conclude this mini-series here with tips from a cybersecurity expert to assist you to better safeguard your online presence.
Fallout from the historic Optus data breach continues to be acutely felt, with the full extent of the damage to Optus’ brand credibility as a result of the cyber attack unlikely to be known for months or even years to come. Meanwhile, consumers and retailers alike are warned to be vigilant as Black Friday events are predicted to see a rise in instances of online scam attempts.
If you haven’t been living under a rock for the last week, it’s likely you’ve heard of the extraordinary data breach suffered by telecommunications giant Optus at the hands of an as-yet unknown hacker, with fears as many as 9.8 million current and former customers had their data compromised as a result of the hack.
Australian shoppers have been shifting online for years, the pandemic has only heightened the trend. E-Commerce and digital operations are clearly here to stay. But this comes with heightened exposure to cybercrime and digital identity protection challenges.
Power Retail’s highly anticipated All Star Bash 2024 and the accompanying exclusive Outlook lunch event are just weeks away, and to further add to the excitement, Power Retail is thrilled to announce a partnership with Team Global Express.
Adam Shalagin delves into the new and imperfect ecosystem that is Streaming Media, whose video content is arguably the most powerful medium available for advertisers and brands to reach potential customers.