The COVID-19 pandemic's impact on retail businesses and the global supply chain was the topic of a Sept. 17, 2020, webinar hosted by Shopify Plus. Among the topics discussed were the future of epic shopping events such as Black Friday and Cyber Monday and how businesses are digitalizing products and services.
Justin de Graaf, global head of research and insights, ad marketing at Google, said, "Searches for online gift, online clothing stores and baby clothes online have grown globally by over 100 percent year over year. We've seen 400 percent growth in art supplies, online fashion, online shopping and meat delivery service; these jumps are huge and think about the behavior. If folks are comfortable buying meat online, why not a car or something else?"
Data breach analysis firm Breach Clarity maintains a database of publicly reported data breaches. Through a proprietary algorithm, it analyzes and assigns every data breach in the database a Breach Clarity Score, which is most-often from 1 to 10. The higher the score, the more severe the breach.
"Breach Clarity's artificial intelligence algorithm simulates that advanced, objective analysis, and is available to anyone as a free tool in the fight against identity fraud and cybercrime," the company wrote. To find the score, as well as the risks and recommended action for any publicly reported data breach, visit www.breachclarity.com .
Newly minted digital consumers have created a fertile playing field for fraudsters, according to a newly released LexisNexis Risk Solutions Cybercrime Report. The study analyzed more than 22.5 billion recent transactions in the LexisNexis Digital Identity Network, finding a 37 percent increase over the previous year's activity. Researchers attribute changing consumer habits to transaction growth throughout the ongoing COVID-19 pandemic.
Rebekah Moody, director of fraud and identity at LexisNexis Risk Solutions, said, "Fraudsters look for easy targets: whether government supported packages, new lines of credit or media companies with fewer barriers to entry. We need to ensure that all consumers, especially those who might be new to digital, are protected."
New York-based The Financial Technology Report released its 2020 list of top 25 women leaders, commending honorees for their accomplishments during a turbulent year. The 25 honorees have each played a role in moving the fintech industry forward, the report's editors stated.
Award recipients were nominated by colleagues and peers, many of whom enthusiastically touted honorees in press releases and on social media. For a list of all 25 honorees, visit www.greensheet.com/breakingnews.php?article_id=2445.
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