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Trustwave: Retail most compromised industry in 2014, with e-commerce assets most targeted
Chicago -- Retail was the most compromised industry in 2014, making up 43% of breach investigations, according to a study by Trustwave that gathered data from 574 breach investigations the company conducted in 2014 across 15 countries. Retail made up 43% of the investigations, followed by food and beverage, which made up 13% of the investigations.
The “2015 Trustwave Global Security Report” found that 64% of the breaches in the retail industry were of e-commerce assets and 27% were of POS assets.
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Off-price a winner for Hudson's Bay Company
Saks Off 5th helped its parent, Hudson’s Bay Co., increase same store sales in the first quarter, although the company did report a larger loss.
HBC reported that for the first quarter ended May 2, same store sales increased 2.7%. The company posted a loss of $44 million, compared with a profit of C$176 million, or 97 Canadian cents, a year earlier. Adjusted to exclude restructuring and other items, the loss was C$33 million, up from a comparable C$27 million loss a year earlier. Sales rose 11.7 percent to C$2.07 billion.

