In an open letter to Barack Obama the National Retail Federation said it outlines achievable solutions that industry must work toward to better protect customers, empower its retail members and effectively safeguard America’s cyberspace against criminal hackers.

Spring is here. And it could not have come soon enough, after a particularly difficult winter for most of the U.S. Record-setting snow falls, flooding, and extreme cold temperatures plagued businesses, homeowners and travelers from November through March. Businesses shut down, flights were grounded, and many people were forced to hunker down and stay home.

Home Depot Inc. has hired its first chief information security officer.

Only 20 percent of payment card-accepting companies complied with the full set of international security standards in 2013, according to a new report from Verizon. The 2014 PCI Compliance Report looked at how hundreds of retailers, hospitality companies, financial service firms and other organizations followed the standards established by the PCI Security Standards Council.

Target agreed to pay $10 million to settle a class action over a 2013 holiday season data breach.

Three-million offensesagainst UK retailers in 2014 racked up direct costs of £603 million ($913 million U.S.) in 2014 – while the number of in-store thefts fell by four percent, the value per incident climbed 36 percent. 

A study of 314 small business owners in Cincinnati found that 40 percent of thefts in small businesses are of money.

Grocery, department, discount, specialty and small retailers will lose an estimated $10.9 billion to return fraud this year.

Macys has launched a new line of luxury handbags, briefcases, and wallets that are integrated with fingerprint recognition, RFID blocking technology, and GPS technology.