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The retail industry has been quick to embrace new technologies for customer engagement especially during the pandemic, when the shift from brick-and-mortar to online retail became critical. However, there remains a gap on the security side. This is where Application Security Posture Management (ASPM) becomes essential.
One technology that helps retailers achieve this is Radio Frequency Identification (RFID). RFID technology is increasingly being used by retailers to better predict inventory, manage product placement in stores and drive sales. This data, while useful, raises significant privacy concerns.
Forrester’s list of the top 10 emerging technologies for 2024 reflects the continued dominance of AI but also emphasizes the growing importance of security in our increasingly connected world. Get a deep dive on the top 10 list in this blog post.
in security): the silos between technology and security teams. Officially, it’s not — according to numerous global technology decision-makers who we survey, cybersecurity is a top priority. […] I’m thrilled to announce our latest research into a problem as old as time (or, at least, my time — 25 years! —
In this ebook, you’ll see how the right technology can help brands and manufacturers secure the product data governance they need to power this circular transition. Circular is in. Going circular is not an overnight switch. It requires forward planning and data-driven decision-making.
While innovation in data, storage, security, availability, and resilience continues at a rapid pace, these advancements must now also consider the implications of geopolitical instability and rising protectionism. The focus on digital sovereignty, […]
Because a problem in one area of your business can cause security or fraud issues in another, it can be helpful to take an end-to-end look at your security and fraud prevention practices to identify gaps and make improvements. Ask for documentation of suppliers data security practices and incident response plans.
Couldnt make the recent webinar covering our 2025 technology and security predictions? Check out the webinar replay and read our analysts responses to some of the most pressing attendee questions about the year ahead.
For the past year, I have been doing a deep dive into Forrester’s future fit research and its intersection with security and risk. As a quick refresher, technology organizations fall into one of three categories in their technology strategy: traditional tech, modern tech, and future fit tech.
As AI continues to dominate the technological landscape in 2024, security, the need for trust, and innovation in advanced computing remain vital. These trends influenced our selection of the next 10 top emerging technologies for 2024.
The alarming reality is that hackers are adopting new methodologies to overcome traditional defensive technologies – and are succeeding. A robust security posture today requires the proper integration of multiple tools to combat this expanding threat environment.
Never before has retail security been more important than today. From spotting suspicious persons on the premises to coordinating a response to threats, communication is key to keeping merchandise, employees and patrons safe and secure. Without proper comms for security in place, it puts both your workers and business at risk.
Last year, companies compressed multiyear timelines for technology integration and innovation into a few months as the pandemic pushed office workers into fully remote work environments.
Typically, security is late to the game with technology innovation. Before we get to see innovative technology, we have to wait for it to matter to security. This time, however, is different.
We recently published the Top Recommendations For Your Security Program, 2024 report for CISOs and other senior cybersecurity and technology leaders. In 2024, our recommendations fall into three major themes for security leaders: Changing tech. Changing threats.
In the retail and consumer sectors, the average cost of a security breach was below this average, sitting at $3.91 Security teams must ensure full visibility across all these environments to effectively monitor and protect the data. Deploy AI and automation security tools. Ensure robust security and incident response training.
As a result, security and privacy are quickly topping the list of consumer preferences when interacting with brands, ranking right up there with convenience and ease of use. In addition to massive headaches, they pose a major security risk and are challenging to remember, equating to frustrated customers and loss of sales.
And with endpoints being more distributed than ever, it makes for an even larger attack surface that retailers must secure to protect their bottom line. Technology is an Asset for Retailers – But it Introduces More Risk Internet connected devices are at the center of the new customer-retailer experience. IT teams today can (and should!)
What We Know – And What To Do Now Technology leaders woke up to find that a software update by cybersecurity vendor CrowdStrike had gone badly wrong and disrupted major systems at organizations across both countries.
This could be the biggest technological transformation since sliced bread, Dorito tacos, or public cloud. Forrester’s take on the SASE model This is big, folks. This is really big. Bigger than Gamestop. Even bigger than Heeleys (the adult version saved in my Amazon wish list).
In my recent Forrester webinar I outlined how AI drives the evolution of technology and data governance, and how an increase in customer demand and regulatory activity will necessitate companies to take a closer look at their approach (Forrester clients can access the replay here). In this blog post I’d like to recap the two […].
As the holiday shopping season approaches, retailers face increased pressure to facilitate a seamless and secure shopping experience. Payments technology is central to the shopping experience. During the holiday rush the security and ease of the payments experience can be as crucial as product price or availability.
Investing in advanced technology is perhaps the most critical step in combating sophisticated refund fraud. Incorporating these technologies allows retailers to track suspicious patterns, identify fraudulent accounts and prevent abuse of refund policies. Incognia is securing hundreds of millions of devices across 25 countries.
In the highly competitive retail market, businesses are leveraging technology to strengthen brand loyalty and enhance consumer experiences in ways that only science fiction writers could have imagined 40 years ago. Retailers must continuously monitor the security practices of partners and vendors to mitigate risks.
Voice communication technology is key to building a more supportive environment because it allows team members to remain connected, even in the biggest stores where help could be situated far away. Arming them with the right technology can allow them to clearly ask for help and therefore give customers the best possible experience.
Therefore, smart retail teams prioritize solutions and processes that significantly reduce that risk by identifying AD security gaps, detecting attacks and quickly implementing recovery plans that can help the organization regain control of their operations. Prioritize AD security gaps caused by misconfigurations and lapses.
While automated malware analysis and network intrusion detection systems remained in our Divest category, three more technologies joined them this year: data loss prevention, managed security service providers, and security user behavior analytics. Because these stand-alone technologies simply don’t cut it anymore.
Of significance to New York business owners, workers and consumers, the measure includes a new Retail Security Tax Credit , which for tax years 2024 and 2025 will provide assistance to businesses for investing in necessary equipment to protect their employees and merchandise. billion from various kinds of thefts. 31 of each year.
“Resilience” an oft quoted and reasonable ideal that technology professionals and by extension, the businesses they serve strive for. However as anyone that works in the tech industry knows, our digital systems are often anything but and security threats loom like the sword of Damocles.
Microsoft has launched a new Retail Cloud Alliance (RCA) aimed at educating and empowering retailers to leverage cloud technology effectively. This collaborative program features Microsoft experts and resources alongside those from a number of partners, including Adobe , Amperity , Sunrise Technologies and Icertis.
In an era where AI’s potential is burgeoning, technology, data, and security leaders face unprecedented challenges and opportunities. The Forrester Technology & Innovation Summit APAC 2024 is your gateway to navigating this transformative landscape.
The majority of securitytechnology decision-makers anticipate further budget increases in 2025. Learn three key areas for CISOs to focus on in the year ahead in this preview of our 2025 Budget Planning Guide for security leaders.
Security issues are top-of-mind with retailers: theft and threats of violence in retail locations are making headlines, including Target ’s recent announcement that it would close nine stores in four cities. The body cams, worn by uniformed and K-9 officers as well as plainclothes security people, were implemented in April and May 2023.
However, early experiments with the idea have shown that eliminating hard tags could be a costly decision for retailers — and have proven that each technology in the LP toolbox has a part to play in the effort and that a customized strategy is the key to success. After all, visual cues have a significant impact on individuals’ behavior.
They are willing to wait for extended periods if it means securing products at rock-bottom prices. Retailers must embrace technology and data analytics to gain insights into consumer preferences and tailor their offerings accordingly. On the other end lie consumers who prioritize affordability above all else.
Stitch Fix has hired a new Chief Product and Technology Officer to lead the struggling online personal styling service’s technology, product, data science, security and IT teams. Tony Bacos will begin today and report directly to CEO Matt Baer.
The solution may be a small but mighty technology that is already developed and in use: RFID chips. What RFID Technology will do for the Retail Sector RFID stands for “radio frequency identification.” The critical insight RFID technology provides is whether or not a product is successful.
This is also the moment to renegotiate supplier contracts to share the cost burden, secure discounts, defer payments or temporarily freeze prices. Investing in technology like predictive analytics to simulate tariff scenarios can optimize sourcing, inventory and pricing dynamically.
Hanna Andersson has named Mike Frazzini, most recently Technology Chief of Staff at FTD , as its new Chief Technology Officer (CTO). At FTD, Frazzini was second-in-command of the retailer’s 300+ -person technology division, advising the CTO on technology vision, architecture, craft, process and organization structure.
The rise of AI, cloud technology, and composable architectures leaves no room for complacency. Because AI is at the forefront, and technology lifecycles are shrinking. That said, embracing new technological capabilities isnt just about avoiding catastrophe it’s also about gaining the competitive advantage.
I take a lot of inquiry questions from Forrester’s security and risk clients about security operations (SecOps). Forrester data indicates that 17% of security decision-makers say that the inability to measure the effectiveness of their security program is a top security […]
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