When it comes to data security, all retailers need to be prepared for the worst scenario, but that can’t happen if they aren’t aware of PCI requirements and the severe consequences that can result from a data breach. By John Lofstock, Editor When security breaches make the news, the typical victims are retailing giants, such…
Retailers Lost More Than $34 Billion To Theft in 2011
Report shows a $2.6 billion decrease when compared to the $37.1 billion loss recorded in the previous report. Retail theft, including shoplifting, employee theft, administrative error and vendor fraud is down, according to an annual survey recently conducted by the University of Florida with a funding grant from ADT Commercial Security, soon to be Tyco…
ConocoPhillips Approves Passport
ConocoPhillips has approved Passport with PA-DSS point-of-sale (POS) system software Version 8.03G for retailers on their network. Gilbarco is now shipping orders for new Passport systems and Passport upgrades for the ConocoPhillips V8.03G software. ConocoPhillips joins the extensive list of other major oil companies and networks for software applications that were previously released. Broad approval…
Protecting the Perimeter
Look no further than recent headlines to learn about payment security breaches and PIN pad tampering incidents involving merchants of all sizes. Sophisticated criminal organizations are targeting retailers and obtaining compromised account data with more regularity. Whether it’s fair or not, the fault of these attacks is increasingly being placed squarely on the shoulders of…