NRF’s annual survey found that 45 percent of consumers plan to purchase jewelry for a loved one this Mother’s Day.
POS systems impacted by ‘Backoff’ breach
The U.S. Department of Homeland Security has put the word out that thousands of large as well as small- and mid-sized businesses have been affected by a malicious point-of-sale software dubbed “Backoff.”
New York--The U.S. Department of Homeland Security has put the word out that thousands of large as well as small- and mid-sized businesses have been affected by a malicious point-of-sale software dubbed “Backoff.”
The agency is encouraging administrators and operators of POS systems to review the Backoff malware alert to determine if their systems have been affected. They said organizations should check for infections, regardless of their size.
Seven POS systems providers and vendors have confirmed security breaches with multiple clients affected and reporting continues on additional compromised locations.
Homeland Security said the Secret Service estimates that more than 1,000 U.S. business have been affected, with additional reports coming in from private-sector entities.
The DHS strongly recommends that organizations contact their IT team, antivirus vendor, managed service provider and/or POS system vendor to assess whether assets might be vulnerable and/or compromised.
Companies that believe they are victim of the Backoff malware should contact their local Secret Service field office and also can contact the National Cybersecurity and Communications Integration Center for additional information at 888-282-0870.
This malware infiltration comes less than a year after Target Corp. told the public that there was unauthorized access to the credit and debit card data of millions of shoppers who made purchases in its stores during the holiday season.
RELATED CONTENT: 40M could be impacted by Target data breach
Target’s announcement affected an estimated 40 million consumers. The Wall Street Journal reported at the time that the theft may have involved tampering with the machines shoppers use to swipe their cards when making a purchase.
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The open-to-the-public luxury jewelry and timepiece show, in its second year, is slated for July 23-26.

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Gain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.

Sponsored by Jewelers Mutual


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The Patek Philippe for Tiffany & Co. timepiece Astor brought aboard the ill-fated ship sold for double its estimate at a Freeman’s auction.

Gain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.

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The pair falsely claimed their jewelry was made by Navajo artists, but it was imported from Vietnam.

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The annual list honors rising professionals on the retail and supply sides of the jewelry industry.

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Rodolfo Lopez-Portillo faces 25 years to life in prison after being found guilty in the March 2022 beating death of Arasb Shoughi.

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The jewelry retailer plans to open 20 new stores this year and expand into new product categories.

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The retailer reported an 8 percent decline in annual sales as it struggles under the weight of billions of dollars of debt.

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The alert states that burglary crews are targeting jewelry businesses and details how jewelers and refineries can protect themselves.

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