All Crime, fraud & security articles – Page 5
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Opinion
‘It's not a matter of when a cyberattack happens, but how much damage it causes’
Cybersecurity breaches can result in huge, sometimes irrecoverable, reputational damage. Without proper response and recovery plans, a company’s chance of survival is lower, warns AlixPartners’ Brian Kalms
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Analysis
Has Regent Street overtaken Oxford Street as the UK’s most desirable retail location?
Oxford Street was once one of the most desirable retail thoroughfares on the planet, but a toxic mix of shady candy shops and shuttered stores have torched its reputation. All the while, investment from new brands and high street heroes has been flowing into neighbouring Regent Street.
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News
Value of seized goods from Oxford Street American candy stores reaches £1m
ÉWestminster City Council has now seized £1m worth of unsafe or illegal goods from American candy and souvenir shops on Oxford Street.
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News
Retail staff suffer ‘appalling’ levels of abuse as cost of crime reaches £1.76bn
The cost of retail crime has reached £1.76bn and employees face “appalling levels” of violence and abuse, the latest BRC Retail Crime Survey has shown.
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Analysis
American candy stores: Will the rash on Oxford Street ever clear up?
Just a few months after Westminster City Council’s biggest raid yet, exclusive data shared with Retail Week by Local Data Company has revealed that the rogue traders are back to their old tricks, and the number operating from the street is back to peak levels.
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News
Exclusive: American candy stores on Oxford Street return to peak levels
Westminster City Council has been playing “whack-a-mole” with American candy stores on Oxford Street, as the number of unscrupulous shop operators has returned to peak levels, Retail Week can reveal.
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News
JD Sports targeted by hackers in cybersecurity breach
JD Sports has warned customers to be vigilant after it was targeted in a cybersecurity hack, which may have exposed its data to fraudsters.
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News
Retail staff among the most unhappy workers in any industry
Retail employees are some of the most unhappy and least engaged of any industry, according to a survey by Workl.
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News
Third of American candy stores on Oxford Street closed down
One-third of the “rash” of American candy stores operating on Oxford Street have been closed down due to illegal activity and tax evasion, according to Westminster City Council.
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News
The Works sales edge up despite cyber attack aftermath
Sales at The Works edged up despite an “increasingly challenging consumer environment” and the aftermath of a cybersecurity attack that forced it to close five stores earlier this year.
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Retail Voice
The four biggest security risks facing retailers in the next five years
Security leaders and teams in retail continue to face a vast and ever-evolving risk landscape that can impact their company’s employees, operations and assets – both physical and digital. Dataminr’s Helen Sutton identifies the top threats for retailers in the next five years and what they can do to strengthen their security posture
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Opinion
‘Even the most security-savvy retailers are attractive targets for cybercrime’
In a digital-first environment, retailers cannot afford to overlook any kind of cyber threat, says AlixPartners managing director Brian Kalms
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News
Industry leaders call for police to crack down on surging levels of retail crime
More than 100 industry leaders have signed a letter calling on the police to prioritise retail crime as levels of abuse, violence and antisocial behaviour surge across the country
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Retail Voice
Retail reloaded: why successful CX starts with an identity-first approach
With customer expectations continuing to evolve in a digital-first world, Okta’s Ian Lowe examines how identity and access management can help UK retail brands stay ahead of the curve
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Retail Voice
Cybersecurity: A 2022 checklist for CIOs
As retailers seek to support their digital investments with greater security, both cloud and software as a service (SaaS) migration are a big focus for 2022, says Cegid’s Olivier Chiono, but how should retail CIOs prioritise?
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Opinion
‘CMA will act to protect shoppers from price fixing’
The Competition and Markets Authority receives more complaints about price fixing than any other infringement of competition law, says its senior director of antitrust Ann Pope – and it will not hesitate to clamp down on offenders
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News
Incidents of violent crime and abuse of retail staff trebled during pandemic
Incidents of abuse and violent crime towards frontline retail workers trebled during the first year of the pandemic, despite vast swathes of bricks-and-mortar stores being closed.
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News
Funky Pigeon suspends orders following cyberattack
Online cards and gifts retailer Funky Pigeon has taken its systems offline and temporarily suspended all orders following a cybersecurity breach last week.
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Retail Voice
How can ecommerce fight online fraud and cybercrime?
Online fraud remains a serious problem and is one that cannot be ignored, warns Alessio Damonti, deputy chief executive and head of sales and business development at Axerve.
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News
Retailers welcome law change to crack down on abuse of store staff
Retailers have welcomed a proposed legal change that could lead to tougher sentences for people who assault store staff.