As part of its payment security strategy, Walmart has introduced new security measures for its online shopping and loyalty programs.
Among the new measures: Walmart Money Network security keys.
“Walmart Money Networks is a trusted source of credit card information for millions of people worldwide, and Walmart is proud to offer our customers the option to use our network to secure their information,” said Scott McAllister, Walmart’s director of payments security.
“This new security system has been designed to prevent identity theft and fraud through the use of multiple layers of security.
We are making security available to our customers through our network, so that their transactions are secure and they have confidence in the accuracy of their information.”
A Walmart security key allows customers to log in and verify their account information.
It’s a feature that was introduced in 2018 and allows customers who don’t have a valid password to log into their accounts without a password.
A Walmart spokeswoman said the security system is designed to be secure, so it can’t be used for unauthorized purposes.
Walmart is one of the most popular retailers in the United States, but security risks have also been raised in recent years.
In 2018, an employee at Walmart’s US headquarters in Bentonville, Arkansas, was charged with stealing $1.2 million from a customer, who stole his credit card number.
In October, security researcher and former hacker Troy Hunt was arrested in Florida after stealing $100,000 from a Walmart credit card account.
He was sentenced to seven years in prison.
“Our focus is always on protecting our customers, and this new security measure is a key part of that effort,” McAllisters said.
“We believe that Walmart Money Network is an important source of data for millions around the world, so we are taking steps to help protect it.”
Walmart’s data breach is the second major data breach at the retailer in two years.
Earlier this year, the retailer disclosed a breach of customer data that resulted in nearly $6 million in losses.
The company said it has now restored some data.
In addition to Walmart, a number of other major retailers and brands have also recently been breached.
In March 2018, security researchers found security flaws in at least two Apple products, including the iPhone 6 and iPhone 6 Plus.
In November, hackers breached Target’s computer systems, taking personal information from as many as 1.3 million shoppers.
Target said the breach was limited to the retail department.
It reported no personal information was stolen.
The Target breach is being investigated by the U.S. Federal Trade Commission.