Researchers have uncovered an ongoing campaign against retail VMWare Horizon Point-of-Sale (PoS) thin clients.The new attack wave, which has taken place over the past eight to ten weeks, is attempting to spread Cobalt Strike, a legitimate penetration testing tool which has also, unfortunately, been adopted in recent years by threat actors.According to researchers from Morphisec, Cobalt Strike -- in tandem with malicious payloads -- can be used to hijack systems, execute code, harvest credentials, and is also able to circumvent EDR scanning.The pen testing tool is being used in attempts to infiltrate PoS systems to deploy FrameworkPOS scraping malware, which can be used to harvest credit card information belonging to customers by compromising system memory components. Data scraped by this malware is compressed into .ZIP formats and transferred to command-and-control (C2) servers. See also: Cloudflare expands government warrant canaries in transparency bid "We identified … [Read more...] about Retail industry endures new point-of-sale cybercrime spree
Should India follow China's example and protect its startup scene by placing limitations on foreign companies? Or should it accept that global capital is an integral part of Indian entrepreneurial success and allow for firms funded by it to have unfettered play? So far, India has allowed firms such as Amazon, Facebook, and Google to dominate its e-commerce, social, and search sectors, whereas its neighbouring countries have effectively cut them off at the knees. These questions have gained widespread attention as India wades into an uncertain technology landscape. They will be a hot talking point, especially after the conclusion of the Hindu festival of Diwali that took place in the early part of November. Diwali is one of India's most vigorously celebrated affairs, filled with ozone depleting firecrackers, oil baths, and diabetic shocks to the system thanks to otherworldly delicious sweets. The festival, which celebrates Hindu god Rama's return to his kingdom Ayodhya after 14 … [Read more...] about Will Flipkart and Amazon kill India’s retail industry?
Microsoft and Nielsen today announced a major partnership through which the companies have applied the power of AI to give the retail industry access to powerful analytics based on customer and industry data. The result is Nielsen Connect, an intelligent cloud platform built on the back of Microsoft Azure. The goal of nielsen connect is to help companies "spot emerging trends, diagnose performance gaps, and act faster on opportunities to grow" using AI and analytics, the two companies say. "The first critical step toward digital transformation, especially among retailers, is breaking down the barriers between customer and operational data to fuel insights for the business," said Judson Althoff, executive vice president of Microsoft's Worldwide Commercial Business. "Because retail happens wherever customers are and whenever they choose, Nielsen Connect provides high reliability at a global scale 24/7. Microsoft is a natural partner for Nielsen, trusted by global enterprises to protect … [Read more...] about Microsoft and Nielsen partner to apply AI to retail data
Britain’s retailers are integrating artificial intelligence into their operations at a much slower pace than other major industries, Microsoft will reveal this week, casting a light on the crisis on the high street. A research report by Microsoft, which will be released on Wednesday, will show that over half (56pc) of UK retail companies are still not using AI into their operations, when compared to 44pc of financial services companies and 40pc of manufacturers. Of the leaders in the retail sector, around 61pc are currently using AI technology. “Clearly, for the sector to thrive in the future, the speed of change must increase,” Microsoft will say. “Yet, in fact, many experts predict adoption will remain slow, particularly in the big box retail sector due to the challenges of scaling their digital offer quickly and cost-effectively enough to compete with native online retailers. “What is clear is that change cannot be ignored. AI will impact retailers of … [Read more...] about Retailers lagging in pick-up of AI, Microsoft finds
Everyone shops. And the ever-changing retailing industry allows you to replenish at will. So when retail leaders get together, like they are this week in Dallas, they seek inspiration from other experts who also are looking for new ways to engage with and attract shoppers.The two-day Texas A&M Center for Retailing Summit, appropriately enough, is held at Westin Galleria. The 21-story hotel adjoins the 200-store Galleria mall. The summit pays for scholarships for students attending Texas A&M's Center for Retailing Studies, which is part of the Mays Business School.Student entrepreneursFor the second year, A&M included student entrepreneurs as part of the conference. One of them, Gavin Lynch, is founder of Slapeyewear and he's doesn't need investors. "I just want people to buy my glasses," he said, noting that he has sold 7,000 pairs so far. The New Braunfels native, who plans to graduate in December, funded his startup with money he made buying and … [Read more...] about As retail leaders gather in Dallas, they learn lessons from Yeti, REI and even bankrupt Mattress Firm