Shrink Management as a Service provides UK retail chain Asda with real-time intelligence in the cloud

Tyco Retail Solutions today announced its Sensormatic Shrink Management as a Service (SMaaS), is delivering clear visibility into Electronic Article Surveillance (EAS) and loss prevention systems for all 642 Asda stores in the UK. For the first time a UK retailer has a fully connected estate and a browser-based, real-time view of its entire shrink management ecosystem, enabling increased reliability and performance of EAS systems for a new generation of innovative loss prevention.

Sensormatic SMaaS is a Google Cloud-based service that provides both device management and predictive analytics to manage shrink while addressing underlying root causes. With easy to navigate dashboards, it helps makes sense of the data enabling retailers to identify problems earlier and make better business decisions.

The SMaaS implementation with Asda is part of a wider five-year strategy that one of Britain's leading retailers is carrying out with Tyco Retail Solutions to refresh its EAS solutions and tagging eco-system, as well as drive meaningful alarm action at the store level. Using SMaaS, Asda's loss prevention professionals receive real-time, exception-based, automatic notifications to help identify serious issues that need immediate attention. By taking preventative measures, Asda can begin to streamline operations and help ensure their investments are futureproofed, through initiatives focusing on centralized management processes, optimizing store labor and possible training gaps.

"Building upon our EAS foundation, we now have new insights and centralized management which provides efficiencies with our EAS equipment, allowing us to refocus our efforts and more proactively manage our estate in real-time across 642 stores. The true benefit will be realized when we can act predictively to support our stores with this new level of visibility SMaaS delivers," said Andrew Rees, senior manager, Asset Protection, Asda.

"Sensormatic Shrink Management as a Service delivers actionable intelligence for operations and merchandising," said Catherine Walsh, senior vice president and general manager, Tyco Retail Solutions. "By examining this data, Asda is now in a better position to understand the potential impact on shrink, and make effective data-driven decisions that will positively influence bottom-line results."

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CISO of the Year: Rich Agostino, CISO, Target Corporation
Cybersecurity Team of the Year: Information Security Team, Target Corporation
R-CISC 2018 Summit: A Conference that Felt More Like a Team Meeting
The R-CISC celebrated its most successful Summit to date with a fascinating closing keynote by LTG John Mulholland Jr (Ret), commander of the "horse soldiers" of the Iraqi Freedom campaign, who gave attendees advice on great leadership: Leadership demands moral courage-be equal to it! It would not have been possible without our quickly growing, global community. There are now more than 128 companies sharing information and intelligence daily through the R-CISC.

Highlights of the Summit included Doug Stephens, the Retail Prophet, who spoke to attendees about "what's next" in retail; as well as a breakdown of the Magecart card skimming operation given by RiskIQ, who have been publishing details on this set of groups under the umbrella name, profiling their attacks on e-commerce from small shops to major online merchants like Ticketmaster and British Airways. M ore than 18 breakout panels and forums followed 4 keynotes, where, in many instances, practitioners opened the curtains on how they have dealt with challenges, sharing their pain points in order to help strengthen the industry as a whole. A self-organized Birds of a Feather luncheon gave attendees the chance to delve further into particular topics of interest in their organizations. One attendee said it felt more like a team meeting than a conference!

The R-CISC Annual Meeting was held during the Gala, where the R-CISC Nominating Committee (board members Ken Athanasiou and Roseann Larson) presented the results of the board election. The four incumbents: Jim Cameli of Walgreens Boots Alliance, Dave Spooner of The TJX Companies, Grant Sewell of Scotts Miracle-Gro Company, and Warren Steytler of Lowe's Companies were reelected to the board.

The Peer Choice Awards-the highlight of the evening-are voted on by members and honor those individuals and organizations who show dedication to sharing cyber intelligence on incidents, threats, vulnerabilities and associated threat remediation because, as a community, we understand that we are stronger together.

● CISO of the Year: Rich Agostino, CISO, Target Corporation
● Cybersecurity Team of the Year: Information Security Team, Target Corporation
● Breakthrough Female in Cybersecurity: Angeline Button, Dillard's and Vanessa Aranda, Gap, Inc.
● Cybersecurity Practitioner of the Year: Ryan Miller, Target Corporation
● Associate Member of the Year: Intel 471
● Fast Starter Award: Wendy's Company

Next year's Summit: The 2019 Retail Cyber Intelligence Summit will take place September 23-25 at the Four Seasons, Denver. r-cisc.org

Circle K StreetART Brings Toronto Community Together After Shooting
Youth, Law Enforcement Paint Tribute Mural
In the aftermath of the July 22, 2018 mass shooting incident, the Circle K Central Canada Loss Prevention Team was moved to do something to help the healing process and show support for the community, while also recognizing the efforts of all the first responders who worked in unison to courageously save lives and protect people that night.

The Circle K StreetART program brings the community together for a common cause to make the community and our stores a safer place by reducing violence and breaking down barriers. The Loss Prevention Team approached the Toronto Police Service, Toronto Crime Stoppers and the local BIA to propose the StreetART tribute idea; which was overwhelmingly accepted and created a positive energy amongst the group. On Wednesday, Aug. 8, 2018 the Danforth mural began with local youth and uniformed Toronto Police Officers working together to paint the initial backdrop of the wall.

As designed, barriers came down and conversations began to occur between the youth, community and police-the program was working. A few days later, on Friday Aug. 10, 2018 the Danforth mural was complete and officially revealed with a community street party at the store, which brought together the police, youth and the Danforth community as a whole. The Danforth mural was the twenty-third StreetART Mural for Circle K's program.

Circle K StreetART Program
The StreetART Program was developed in 2012 to combat crime issues at stores and works to create strategic partnerships in an effort to help prevent crime and strengthen community relationships; while working diligently towards a community-based shared responsibility. Engaging the community, especially the youth will only empower them to develop a stronger ability to make a positive difference. cstoredecisions.com

CEO Shuts Down All Stores
'Almost Everyone' at Retailer Involved in Criminal Activity
A Toronto-based beauty brand that has become a cult hit and garnered attention from the likes of Kim Kardashian West is abruptly closing all of its stores. Brandon Truaxe, the founder of Deciem, said in an Instagram video he posted over the weekend that he is shutting down operations until further notice.

Truaxe did not give a clear reason for the closure of the stores, which are often emblazoned with "the Abnormal Beauty Company" slogan, but alludes to criminal charges in the video.

"Please take me seriously," he said. "Almost everyone at Deciem has been involved in a major criminal activity, which includes financial crimes and much other. You have no idea what a soldier I have been for 13 years."

In a statement made to The Canadian Press, Estee Lauder distanced itself from the matter by calling it a "minority" investor in the brand, and noting "we do not control the company's operations, social media or personnel decisions." financialpost.com

More than a dozen federal departments flunked a credit card security test
Canada Revenue Agency, RCMP among 17 federal agencies that failed to meet security standard

The Canada Revenue Agency, the RCMP, Statistics Canada and more than a dozen other federal departments and agencies have failed an international test of the security of their credit card payment systems.

Altogether, half of the 34 federal institutions authorized by the banking system to accept credit-card payments from citizens and others have flunked the test - risking fines and even the revocation of their ability to accept credit and debit payments.

Those 17 departments and agencies continue to process payments on Visa, MasterCard, Amex, the Tokyo-based JCB and China UnionPay cards, and federal officials say there have been no known breaches to date.

These institutions all fell short of a global data-security standard launched in 2006 that's meant to foil fraud artists and criminal hackers bent on stealing names, numbers and codes for credit and debit cards. cbc.ca

National RCMP Campaign Targets Cyber Security
This is Cyber Security Awareness Month, and the RCMP urge you to take note. Media Relations Officer Tara Seel tells us it's a national campaign through the RCMP to help ensure you're not victimized. While she acknowledges there aren't any statistics, Seel says it appears there's an increase in threats.

"We are seeing a lot of scams being reported, through the Canadian Anti-Fraud Centre," she says, "And we encourage anyone who has become a victim, or suspects online fraudulent activity, to report to the Canadian Anti-Fraud Centre, because does help us track trends, and be able to warn people about certain scams that are out there."

Seel recommends several websites you can access for information on how to protect yourself.

"Visit cybertip.ca, or visit getcybersafe.ca," she says, "Cybertip.ca especially focuses on keeping your children safe on the internet. And that's always a very important thing, so it's a great resource, for sure. Just reminding everyone, you're checking your smoke alarms, you're changing your clocks, it's just to remind you to review your online habits as well." discoverwestman.com

Canadian companies are overconfident when it comes to cyberattacks

Malware Outbreak Causes Disruptions, Closures at Canadian Restaurant Chain

Walmart Canada Eyes Cannabis Industry
Still No Immediate Plans for Cannabis Products

Ontario could see up to 1,000 private pot shops after cannabis legalization

17 Alberta shops will sell cannabis on 1st day of legalization

Why Canada Goose's CEO has a love-hate relationship with counterfeiting
Counterfeiters 'Helped Raise Awareness' for the brand
Like most business owners, Reiss prefers his products not be ripped off and he's spent considerable time and money trying to stop the flow of counterfeit Canada Goose goods from clandestine overseas manufacturers to markets where fake items are on full display or hidden in back rooms.

However, Reiss has a complicated relationship with counterfeiting because he admits it has benefits - especially in Asia, where Canada Goose recently opened stores in Beijing and Hong Kong and a regional office in Shanghai.

"It helped raise awareness...for people who perhaps didn't know who we were until we were being counterfeited," Reis said. "It is something that people have referred to as a backhanded compliment and I suppose it is of sorts." cbc.ca

Canada Store Openings
● Davids Footwear Kicks Off National Retail Expansion with 1st New Store
● Judith & Charles opens first store in Atlantic Canada
● Rabba Fine Foods Launches New Design Prototype Store
● Calgary's New Horizon Mall announces opening of new stores


Protest in Halifax urges boosting minimum wage to $15 an hour

Surprise backlash from Canada-U.S. trade deal

Captis Intelligence specializes in developing highly sophisticated means of suspect identification. Their I-4 solution (Information, Intelligence, Investigation, and Identification) unifies situational awareness, geographic crime intelligence, social media investigation, criminal databases, access to solveacrime.com, and secured information exchange portals for national retailers, neighboring businesses and law enforcement.

Dan Santell, CEO, Captis Intelligence, tells us what makes the I-4 platform so unique, how it's reduced theft rates in stores by 50%, and how it helped police solve a high-profile murder/robbery case within 72 hours.

Tom Meehan & Steve Sell - CONTROLTEK - Quick Take 9

Steve Sell, VP of Global Sales & Marketing for CONTROLTEK, chats with Amber Bradley about some of the new solutions CONTROLTEK is rolling out this year, and then takes on the "Lightning Round", before Tom Meehan, Chief Strategy Officer & CISO - and famous author of the D&D Daily's "Tom's Tek Tip" column - crashes the party to share a little wisdom on business cards and LinkedIn.

An e-commerce pitfall: never-ending returns
With the limitless selection and convenience that e-commerce offers consumers, online retailers are selling more and more goods. But they are also taking a lot back.

What's going on: Some of the biggest e-commerce businesses report staggering sales numbers - but huge pieces of that revenue often get erased in refunds to customers and shipping costs for returns.

By the numbers:

● Customers returned $351 billion of all purchases - brick-and-mortar and online - in 2017, according to the National Retail Federation. That's about 10%.

● Return rates jump to about 30% or higher when looking at just online purchases. For example, Revolve, the popular online clothing seller, made $400 million in net sales in 2017, but paid out an almost equal amount, $385 million, for returns, writes Recode's Jason Del Rey. That doesn't include the cost of return shipping.

● About 6.5% or $22.6 billion of the returns were labeled fraud or abuse of store return policies. That includes falsifying receipts to profit or buying something with the intention of wearing it once before returning it. axios.com

A Massive Bump In Data Breaches Is Stoking Bot-Driven Attacks On Retailers
Rarely does a month go by without the news of another large data breach at some company, organization or government entity. Recently, there was a massive breach of an Exactis marketing firm database that contained 340 million records of personal information on American adults and businesses and a breach of 27 million records on concert and sporting event ticketing site TicketFly. Ninety-two million users were breached on online genealogy platform MyHeritage, and untold numbers of Adidas customers in the U.S. were compromised. We are well into the billions of breached accounts globally.

At the same time, we have seen marked increases in the volumes of bot-driven attacks. In Q1 2018, LexisNexis ThreatMetrix detected 210 million attacks, a 62% increase over last year. The most rapid growth of attacks was on the e-commerce industry. In fact, e-commerce transactions are now more than 10 times more likely to be fraudulent as compared to transactions in financial services.

So is this massive growth of the target pool of purloined user information stoking the growth of bot-driven attacks on websites? The answer is, almost certainly, yes. In my firm's observations, based on data collected from billions of daily requests we protect for some of the world's largest websites, we see a steady and alarming increase in credential-stuffing attacks, growing in complexity and sophistication. In fact, the sheer size of the supply of stolen user information is radically changing the cybercrime landscape, causing major spikes in multiple types of online fraud and also shifting the nexus of fraud more heavily toward e-commerce companies.

Here's why: The vast majority of people who use the internet to shop, purchase travel or send email reuse the same passwords across multiple sites. At the same time, the growing pool of stolen credentials fed by unending data breaches gives cybercriminals a far greater supply of ammunition to try to break into existing valid accounts. This availability has pushed the success rates of fraudsters to all-time highs and attracted more professional fraud rings. forbes.com

The high-risk, high-reward world of selling stuff on Amazon

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Featured Job Spotlights

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