SECURITY/RISK

Biden aims executive order at AI safety
President Joe Biden is building on voluntary commitments he received from major tech companies to ethically and safely develop artificial intelligence (AI).
Median annual IT outage cost for retailers near $10 million
Retailers are paying a heavy price for incidents where their technology stacks go down.

Amazon offers customers new alternative to passwords

Amazon is expanding secure sign-in options for customer accounts on its e-commerce site.
Amazon teams with Microsoft, Prada against fraudsters in Asia

Amazon is having success in the fight against phony goods and fake customer support centers in China and India with some big-name partners.
Walmart commits to secure, transparent AI usage

Walmart is issuing a new public guarantee that it will only develop and deploy artificial intelligence (AI) technology in a safe and ethical manner.
Amazon extends access to anti-counterfeit solution

Amazon is making a key tool in its fight against counterfeit products more readily usable by brands selling on its platform.
NRF to host ‘Fight Retail Crime Day’ event in D.C.

The National Retail Federation is bringing retailers to Washington, D.C., to advocate for passage of the Combating Organized Retail Crime Act.
Consumers spend more with retailers they trust – here’s how to keep it

A new survey reveals the financial benefit of customer trust for retailers, and what issues prevent it from being earned.
API security importance increases with incidents

Application protocol interfaces (APIs) are increasingly being targeted by cybercriminals, but businesses are aware of the problem.
Survey: Retailers are not prepared for ransomware attacks

New data reveals some significant shortcomings in how retailers handle the threat of ransomware.

Biden aims executive order at AI safety