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Business

Dior reports theft of non-‘financial’ customer data in cyberattack

Paris – Luxury brand Dior, owned by the LVMH group, was the victim of a cyberattack by someone “unauthorised” who accessed “some data” but not “financial information”, according to a company statement sent to AFP this Wednesday. “La Maison Dior recently discovered that an unauthorised third party had accessed certain customer data that we hold....

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Retail

Online retailers see sharp rise in retail fraud

The fashion and retail industry has seen a surge in account takeover fraud, as cases filed to the UK's National Fraud Database (NFD) jumped by 142 percent in the first half of 2024, according to data from Cifas, the UK's leading fraud prevention service. The increase poses a significant challenge for online retailers, particularly in the fashion...

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