Perspective: Payment system security needs less talk, more action
Retailers and banks must move quickly to figure out who should be responsible for better securing the payments system network or risk having Congress decide for them.
Retailers and banks must move quickly to figure out who should be responsible for better securing the payments system network or risk having Congress decide for them.
Target's acknowledgement Friday that personal data of 70 million people, not 40 million as previously thought, may have been exposed to hackers in a recent data breach raises new questions about the incident and how it could affect victims.
When people talk about the Internet of Things (IoT), the most common examples are smart cars, IP-addressable washing machines and Internet-connected nanny cams.
Social networks are dead, and smart VC money is pouring into enterprise startups like Shoutlet, Asana, Narrative Science, and Delphix
'Tis the season to begin ramping up online shopping activity, and for retailers that means doing all they can to ensure their websites are up, highly available and able to handle peak capacity. Looming in many IT managers' minds is the cautionary tale of Target, whose website crashed twice after it was inundated by an unprecedented number of online shoppers when the retailer began selling clothing and accessories from high-end Italian fashion company Missoni.
Amazon.com has been down this road before: Like one-time Amazon e-commerce "partners" Toys R Us and Borders before them, Target executives announced last week that the world's second-largest retailer plans to say adios to Amazon.com and "build and manage its own platform for Target.com," with an expected launch date before the 2011 holiday season.