Black Friday - itbusinessdirect

US online Black Friday sales biggest ever?

December 3, 2019December 3, 2019 Dianne Jacobs

Online sales on Black Friday in the United States hit a record $7.4 billion this year, with a large number of transactions made from smartphones, according to data released Saturday by Adobe Analytics. The figure was a 19.6 percent increase over last year and the second biggest day of online sales ever, the company said, just below the $7.9 billion consumers spent on last year’s Cyber Monday, which follows Black Friday. This year, 39 percent of online purchases were made from smartphones, a 21 percent increase from last year. “With Christmas now…

Black Friday – consumers warned to be vigilant

November 27, 2014February 17, 2016 Staff Writer

On the eve of the much-anticipated retail focused sale and discount event, Black Friday, consumers in key regions across Africa, such as Kenya, are warned by network security experts to be vigilant. Black Friday and Cyber Monday are acknowledged as two of the busiest shopping days of the year, involving contribution by social networks and ecommerce websites. Global network security company Fortinet, and its research division FortiGuard Labs, are warning shoppers to be wary. The Company has issued important tips than can keep consumers safe, both when shopping online or…

Why did Target take so long to report data security breach?

February 7, 2014March 3, 2016 Staff Writer

The Target data breach affecting 40 million of the retailer’s credit and debit cards stems back to Nov. 27, two days before Black Friday. So why are we just hearing about it now, three weeks later? Blame protocol. Although it might seem like ages to affected consumers, in the scheme of data breaches, even three weeks is a pretty quick time frame to spot a breach and notify customers, said Will Pelgrin, president and chief executive of the Center for Internet Security. “No matter how quickly an entity notifies you,…