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Woolworths says MyDeal data breach impacted 2.2 million customers

Inside Retail

Woolworths said it does not store payment details, driver’s licence or passport details and no customer account passwords or payment details have been compromised. . million customers, only email addresses were accessed. . Woolworths Group owns 80 per cent of MyDeal, an online marketplace.

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Two regulators open investigations into Optus over data breach

Inside Retail

2 telecoms provider, after a breach of its systems resulted in the theft of personal data from up to 10 million accounts. The Office of the Australian Information Commissioner (OAIC) said it was investigating whether the Singapore Telecommunications Ltd-owned company took reasonable steps to protect customer data and comply with privacy laws.

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Optus warns cyberattack may have exposed Australian client details

Inside Retail

Optus, the Australian unit of telecoms firm Singapore Telecommunications, said it was investigating the unauthorised access of customer details including home addresses, driver’s licence and passport numbers, after a cyberattack. “Optus has also notified key financial institutions about this matter.

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Consumer goods leaders expect metaverse to account for 5-20% of revenue by 2030, finds Kearney report

Retail Times

Leading global consultancy partnership Kearney has today released new data showing revenue predictions and sentiment from senior telecommunications and consumer goods lead around the metaverse. Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides!

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Optus parent assesses potential cost of data breach as lawyers circle

Inside Retail

Singapore Telecommunications said on Monday it was assessing the potential costs of the massive cybersecurity breach at its Optus arm, Australia’s second-largest telco, 12 days ago. In its second comment on the breach of private data from 10 million accounts, Singtel sought to clarify reports it could face a huge compensation bill.

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Crypto Payments Adoption in FinTech: How Do Retailers Fit in?

Retail TouchPoints

The issue with this is that both retailers and customers have to have accounts set up in the same exchange platform. There are already a few platforms that accept crypto payments, including Bitpay and Coinbase. But for now there are very few alternatives that aren’t third-party hybrid providers.

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Optus parent assesses potential cost of data breach as lawyers circle

Inside Retail

Singapore Telecommunications said on Monday it was assessing the potential costs of the massive cybersecurity breach at its Optus arm, Australia’s second-largest telco, 12 days ago. In its second comment on the breach of private data from 10 million accounts, Singtel sought to clarify reports it could face a huge compensation bill.