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Macy’s $154M Lesson: Why Every Company Needs Separation of Duties

LogisManager

Macys, one of Americas most iconic retailers, revealed that an internal accounting fraud had distorted its financial results for years ( New York Post ). Following Macys scandal, analysts and governance experts raised concerns about broader weaknesses in internal controls across the retail sector. While the U.S.

Retail 52
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The Make-Or-Break Factor Failing Business Owners Often Miss

LAN Infotech

Security Vulnerabilities: Outdated systems are more vulnerable to cyberattacks. For example, take a retail business stuck with legacy POS systems that fails to integrate online and in-store sales data. Were offering FREE Network Assessment to help you evaluate your current IT setup and identify growth opportunities.

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Strengthening security resilience: A proactive approach to evolving threats

everbridge

Security threats are evolving rapidly, shaped by a combination of cyber vulnerabilities, supply chain risks, geopolitical instability, and natural disasters. According to the National Institute of Standards and Technology (NIST), nearly 43% of cyberattacks in 2023 targeted vulnerabilities within third-party supply chains.

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Six Top Practitioner-Focused Sessions at ISC West

Security Industry Association

While there is no one-size-fits-all solution for prioritizing security investments, this session offers a flexible framework that can be tailored to any organization’s industry, size, geographic location, threat environment, vulnerabilities, operational priorities and available financial resources.

Retail 98
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Risk Assessment: 3 Key Starting Points for Effective Business Impact Analysis

Zerto

The causes of unplanned downtime can range from natural disasters to a system administrator entering the wrong command to a cybercriminal exploiting a system vulnerability. The physical location of data may make it more vulnerable to specific disasters, especially natural disasters. Where is your data physically located?

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Cyber Threats Don’t Take a Vacation

NexusTek

Traditionally people would rush to their local retail stores and malls to purchase their gifts. of global retail sales were ecommerce purchases and that number is expected to climb to 22% by 2023. This time of year is filled with holiday cheer, the spirit of giving and purchasing gifts for loved ones and friends.

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Risk Assessment vs Risk Analysis

Reciprocity

A risk assessment evaluates all the potential risks to your organization’s ability to do business. Both are components within the larger whole known as risk management or risk evaluation. So would a zero-day attack, in which hackers exploit a previously unknown vulnerability. What Is a Risk Assessment? Medium Priority.