We focus on the latest news surrounding data breaches, leaks and hacks plus daily internet security articles.
According to recent information, transparency pays when it comes to retail data protection as some consumers would pledge to shop more with retailers who are transparent about how they use their data.
Given the volume of data breaches we see in the news these days, consumers are more aware than ever about the importance of data protection and knowing more about how their data is used and shared.
The data about customers being happier to shop more with organisations when there is more transparency over retailer data protection policies is certainly food for thought in today’s globally-competitive market.
Ikea are reportedly investigating a data breach over a cyber-security incident involving their jobs marketplace, known as TaskRabbit.
The UK’s Information Commissioner’s Office (ICO) is said to be aware of the incident.
Ikea has asked users of the app and website service that allows people to search for freelance workers for odd jobs like cleaning, gardening and furniture assembly, to change passwords ASAP. Anyone who may use the same password for other sites is also being told they should change passwords for other accounts as well.
Is enough being done to protect against retail data breaches?
If you look at some of the recent big data breaches involving the likes of Facebook and retailer Under Armour, the impact on them as a businesses has been comparatively small.
People still use Facebook, and people still use Under Armour products, with the latter seeing only a small drop in share value, according to reports. People still need (or want) to use the services that are at the centre of big data breaches, so we need to look at making sure that appropriate punishments are issued to stop retail data breaches happening again.
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