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

Related Stories

Target faces big costs related to security breach

February 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

February 4, 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 for protecting ...

No consensus on how to notify data breach victims

March 9, 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 standard.

Recommended for you

Volumetric 3-D printing builds on need for speed

December 11, 2017

While additive manufacturing (AM), commonly known as 3-D printing, is enabling engineers and scientists to build parts in configurations and designs never before possible, the impact of the technology has been limited by ...

Tech titans ramp up tools to win over children

December 10, 2017

From smartphone messaging tailored for tikes to computers for classrooms, technology titans are weaving their way into childhoods to form lifelong bonds, raising hackles of advocacy groups.

Mapping out a biorobotic future  

December 8, 2017

You might not think a research area as detailed, technically advanced and futuristic as building robots with living materials would need help getting organized, but that's precisely what Vickie Webster-Wood and a team from ...

Lyft puts driverless cars to work in Boston

December 6, 2017

Lyft on Wednesday began rolling out self-driving cars with users of the smartphone-summoned ride service in Boston in a project with technology partner nuTonomy.

0 comments

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.