Welcome!

News Feed Item

Retailers Expand their Commitment to Cybersecurity and Data Privacy

New collaborative initiative builds upon retailers' existing efforts and reflects deep commitment to protecting consumer data

ARLINGTON, Va., Jan. 27, 2014 /PRNewswire-USNewswire/ -- The Retail Industry Leaders Association (RILA) announced today that it will expand its commitment to cybersecurity and data privacy by launching a comprehensive initiative to address evolving cyber-threats and to promote additional safeguards for personal data in the payment ecosystem. The RILA Cybersecurity and Data Privacy Initiative seeks to bring public- and private-sector stakeholders together to enhance existing cybersecurity and privacy efforts, inform the public dialogue, and build and maintain consumer trust.

"Retailers place extremely high priority on data security and invest tremendous resources to prevent attacks, but cyber-criminals are persistent and their methods of attack are increasingly sophisticated. Enhanced security measures help to thwart attacks, but unfortunately some attacks have been successful and the resulting incidents have affected millions," said RILA President Sandy Kennedy. "By working together with public-private sector stakeholders, our ability to develop innovative solutions and anticipate threats will grow, enhancing our collective security and giving customers the service and peace of mind they deserve."

The initiative is organized around three major components.   

1.  Strengthening Overall Cybersecurity:

Formation of a Retail Cybersecurity Leaders Council – Retailers rebuff cyber threats nearly every day and the resulting lessons can strengthen protections across the entire industry. The Retail Cybersecurity Leaders Council, made up of senior retail executives responsible for cybersecurity, will aim to improve industry-wide cybersecurity capabilities by sharing threat information and discussing effective security solutions in a trusted forum.       

Federal Data Breach Notification Legislation – RILA will engage with lawmakers to develop federal data security breach notification legislation that sets a national baseline. 

Federal Cybersecurity Legislation – RILA will work with policymakers to help develop federal cybersecurity legislation focused on measures widely viewed as being effective to strengthen cybersecurity for our nation's critical infrastructure, such as the financial system.  At a minimum, this legislation should include support for appropriate information-sharing mechanisms between the private and public sectors.

2. Improving Payments Security:

Eliminate the Mag-Stripe: The existing magnetic stripe technology used on credit and debit cards issued in the United States is antiquated. RILA will urge that it be phased out in favor of the better technology widely used throughout the world.

Universal PIN Security and Chip-based Smart Card Technology - RILA will continue to press the card networks and the issuing banks to migrate to universal PIN security and chip-based smart card technology. In the event of a successful cybersecurity breach, the dynamic security features of such technology effectively prevent the use of stolen data.   

System Wide Collaboration - Enhanced card security would be an important first step, but innovation is needed to outpace criminal threats. Therefore, we will seek to forge deeper partnerships with other members of the payments ecosystem to collaborate on migration to near-term card security enhancements, new technologies and long-term, comprehensive solutions to the threats.

3.  Addressing Consumer Privacy:

The Retail Data Story - Consumers want and expect data about them to be protected and secure. They also want tailored services and shopping options yet may have questions about the data-related means required to provide them. RILA will work with partners to describe how data is used to provide the experience that consumers demand and share the great lengths that retailers go to protect the data they collect. Where useful, we will help promote data practices and policies that are consistent with RILA's privacy principles. 

To learn more about the RILA Cybersecurity and Data Privacy Initiative visit www.rila.org/cybersecurity.

RILA is the trade association of the world's largest and most innovative retail companies. RILA members include more than 200 retailers, product manufacturers, and service suppliers, which together account for more than $1.5 trillion in annual sales, millions of American jobs and more than 100,000 stores, manufacturing facilities and distribution centers domestically and abroad.

SOURCE Retail Industry Leaders Association

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
"LinearHub provides smart video conferencing, which is the Roundee service, and we archive all the video conferences and we also provide the transcript," stated Sunghyuk Kim, CEO of LinearHub, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
When you focus on a journey from up-close, you look at your own technical and cultural history and how you changed it for the benefit of the customer. This was our starting point: too many integration issues, 13 SWP days and very long cycles. It was evident that in this fast-paced industry we could no longer afford this reality. We needed something that would take us beyond reducing the development lifecycles, CI and Agile methodologies. We made a fundamental difference, even changed our culture...
Things are changing so quickly in IoT that it would take a wizard to predict which ecosystem will gain the most traction. In order for IoT to reach its potential, smart devices must be able to work together. Today, there are a slew of interoperability standards being promoted by big names to make this happen: HomeKit, Brillo and Alljoyn. In his session at @ThingsExpo, Adam Justice, vice president and general manager of Grid Connect, will review what happens when smart devices don’t work togethe...
@DevOpsSummit taking place June 6-8, 2017 at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @DevOpsSummit at Cloud Expo New York Call for Papers is now open.
"There's a growing demand from users for things to be faster. When you think about all the transactions or interactions users will have with your product and everything that is between those transactions and interactions - what drives us at Catchpoint Systems is the idea to measure that and to analyze it," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York Ci...
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
SYS-CON Events announced today that Dataloop.IO, an innovator in cloud IT-monitoring whose products help organizations save time and money, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Dataloop.IO is an emerging software company on the cutting edge of major IT-infrastructure trends including cloud computing and microservices. The company, founded in the UK but now based in San Fran...
WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web communications world. The 6th WebRTC Summit continues our tradition of delivering the latest and greatest presentations within the world of WebRTC. Topics include voice calling, video chat, P2P file sharing, and use cases that have already leveraged the power and convenience of WebRTC.
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Discover top technologies and tools all under one roof at April 24–28, 2017, at the Westin San Diego in San Diego, CA. Explore the Mobile Dev + Test and IoT Dev + Test Expo and enjoy all of these unique opportunities: The latest solutions, technologies, and tools in mobile or IoT software development and testing. Meet one-on-one with representatives from some of today's most innovative organizations
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in Embedded and IoT solutions, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 7-9, 2017, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/Big Data, HPC and E...
Hardware virtualization and cloud computing allowed us to increase resource utilization and increase our flexibility to respond to business demand. Docker Containers are the next quantum leap - Are they?! Databases always represented an additional set of challenges unique to running workloads requiring a maximum of I/O, network, CPU resources combined with data locality.
WebRTC sits at the intersection between VoIP and the Web. As such, it poses some interesting challenges for those developing services on top of it, but also for those who need to test and monitor these services. In his session at WebRTC Summit, Tsahi Levent-Levi, co-founder of testRTC, reviewed the various challenges posed by WebRTC when it comes to testing and monitoring and on ways to overcome them.
Internet of @ThingsExpo, taking place June 6-8, 2017 at the Javits Center in New York City, New York, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @ThingsExpo New York Call for Papers is now open.
"This week we're really focusing on scalability, asset preservation and how do you back up to the cloud and in the cloud with object storage, which is really a new way of attacking dealing with your file, your blocked data, where you put it and how you access it," stated Jeff Greenwald, Senior Director of Market Development at HGST, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.