April 2017 Digital Edition

Click Here

March 2017 Digital Edition

Click Here

Feb. 2017 Digital Edition

Click Here

January 2017 Digital Edition

Click Here

Nov/Dec 2016 Digital Edition

Click Here

Oct 2016 Digital Edition

Click Here

Technology Sectors

Market Sectors

Retailers propose solutions to address cybersecurity threats

Washington, March 18 – The National Retail Federation has presented Congress with practical, commonsense and achievable solutions to better protect consumers and help businesses prevent cyberattacks and data breaches.

“We should not be satisfied with simply determining what to do after a data breach occurs,” NRF senior vice president for Government Relations David French said. “Instead, it is important to look at why such breaches occur and what the perpetrators get out of them so that we can find ways to reduce and prevent not only the breaches themselves but the follow-on harm.”

French outlined six proposed solutions during his testimony before the House Oversight and Government Reform Committee’s Subcommittee on Information Technology including:

  • Expanding consumer liability protection for using debit cards
  • Issuance of PIN-and-Chip cards that incorporate both computer microchips and use of a personal identification number (PIN) to authenticate a transaction;
  • Adoption of end-to-end data encryption throughout the payments system;
  • Developing open source, competitive tokenization standards to replace sensitive data with unique and unusable tokens;
  • Passage of a uniform nationwide breach notification law applying to all entities that handle sensitive customer information, and
  • Bolstering federal law enforcement investigation and prosecution of cybercriminals.

NRF’s recommendations were first proposed in an open letter to President Obama published in advance of the White House Summit on Cybersecurity and Consumer Protection last month.

“These are proposals that we believe policy makers can work together to achieve in the near term, either through consumer and industry-supported legislation or by working with the private sector on improving security practices outside of the lawmaking process,” French said.

In his testimony, French also reiterated NRF’s opposition to legislative efforts to impose on retailers, merchants and other nonbank businesses and individuals, the same Gramm-Leach-Bliley Act (GLBA) data security regulations designed for banks.

“Without the cooperation of our partners in the financial system, we cannot alone affect the changes necessary to better defend and protect against cyberattacks that lead to payment card fraud,” French said. “We need to work together to do what we can to improve an aging and outdated payment system that is the principal target of cyberattacks affecting U.S. retail businesses and their customers.”

NRF has been leading the retail industry’s efforts on cyber, data and payment security and has been working closely with its members, government officials, law enforcement agencies and other stakeholders to shore-up the retail industry’s defenses against cybercriminals.

NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and Internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private sector employer, supporting one in four U.S. jobs – 42 million working Americans. Contributing $2.6 trillion to annual GDP, retail is a daily barometer for the nation’s economy. NRF’s This is Retail campaign highlights the industry’s opportunities for life-long careers, how retailers strengthen communities, and the critical role that retail plays in driving innovation. NRF.com


Recent Videos

HID Global is opening the door to a new era of security and convenience.  Powered by Seos technology, the HID Mobile Access solution delivers a more secure and convenient way to open doors and gates, access networks and services, and make cashless payments using phones and other mobile devices. ...
Mobile device forensics can make a difference in many investigations, but you need training that teaches you how to get the most out of your mobile forensics hardware and software, and certifies you to testify in court. Read this white paper to learn how to evaluate mobile forensics training...
PureTech Systems is a software company that develops and markets PureActiv, its geospatial analytics solution designed to protect critical perimeters and infrastructure.  Its patented video analytics leverage thermal cameras, radars and other perimeter sensors to detect, geo-locate, classify, and...
PureTech Systems is a technology leader in the use of geospatial video, focusing on perimeter security.  When combining geospatial capabilities with video analytics and PTZ camera control, managers of critical facilities can benefit by allowing the video management system to aid them in the process...