Retailers launch cybercrime info sharing center

May 14, 2014

Some of the country's largest retailers are banding together in hopes of protecting consumers' personal and financial information from hackers and thieves.

The Retail Industry Leaders Association, along with several top retailers ranging from Gap Inc. to Walgreen Co., on Wednesday launched an intelligence sharing center focused on the prevention of cybercrimes against retailers.

RILA says the center will allow retailers to share information about and potential threats and also inform members of law enforcement and industry analysts.

Other participating include Nike Inc., Lowes Cos. and Target Corp., which was hit with a massive data breach at the height of last year's holiday shopping season. The incident touched millions of Americans who shop at the retailer's stores and shined a spotlight on the growing problem of cybercrime.

Explore further: MasterCard, Visa plan group focused on security

not rated yet
add to favorites email to friend print save as pdf

Related Stories

Target faces big costs related to security breach

Feb 26, 2014

(AP)—History doesn't always repeat itself. The hit to TJX Cos. was minimal after it disclosed in 2007 a massive data breach of customer information at its T.J. Maxx, Marshalls and HomeGoods stores.

Target data breach pits US banks against retailers

Feb 04, 2014

Banks and America's big retailers are locked in a debate over the massive breach of millions of consumers' data that gripped Target Corp. during the holiday season. At issue: Which industry bears more responsibility ...

No consensus on how to notify data breach victims

Mar 09, 2014

(AP)—The data breach at Target Corp. that exposed millions of credit card numbers has focused attention on the patchwork of state consumer notification laws in the U.S. and renewed a push for a single national ...

Recommended for you

EU holds largest-ever cyber security exercise

6 minutes ago

A European Union cyber-security agency was in Athens to conduct the largest exercise ever held on the continent to prevent attacks on Europe's public utilities and communications networks.

What's causing the recent string of data breaches?

2 hours ago

It's Cyber Security Awareness month, which has me wondering: are we doing all we can to protect our data? To help answer this question, I sat down with Girish Bhat of Wave Systems—an important collaborator of Micron's—to ...

Court: UK spies get bulk access to NSA data

21 hours ago

The British government's insistence that its spies don't use the vast espionage powers of the U.S. National Security Agency to sidestep U.K. restrictions on domestic eavesdropping was called into question by a court document ...

Georgia Tech releases 2015 Emerging Cyber Threats Report

Oct 29, 2014

In its latest Emerging Cyber Threats Report, Georgia Tech warns about loss of privacy; abuse of trust between users and machines; attacks against the mobile ecosystem; rogue insiders; and the increasing involvement of cyberspac ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.