The True Cost of Cybercrime in Ecommerce

| Daniela Forte

Cybercrime in ecommerce is not a joke today. Data breaches are on the rise since 2013 and it is important that retailers are aware as we go into 2017 full-steam ahead. This infographic by BigCommerce and Symantec provides a deep dive look at how cybercrimes will impact retailers in 2017.

U.S. Postal Service, USPS, UPS, Parcel Select, shipping and delivery

Customers, Employees Hit By USPS Data Breach

| Mike O'Brien

A USPS data breach this fall affected personal information of up to 800,000 current and former employees as well as regulatory groups that oversee it, the agency reported. However no customer credit or debit card information was compromised, and USPS operations were not affected.

Target, Target Canada, ecommerce, store closings, Canadian retail market, Zellers

Data Breach Affects Target’s 4Q U.S. Sales

| Tim Parry

What did the major data breach at Target mean for the merchant’s bottom line? It meant fewer consumers shopping at the mass merchant, as well as a $17 million net expense related to the data breach investigation. Target announced Wednesday that sales for its U.S. segment in the fourth-quarter decreased 6.6%.