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Retail

Cybersecurity for the Retail Industry

There are many major cybersecurity issues in the modern retail environment. The increasing trend and the associated problems include such things as elevated risks to e-commerce, more vulnerable supply chains, a worldwide shortage of cyber security professionals, and the biggest challenge data theft. Retailers often face data theft. However, various protective mechanisms can minimise the intensity of such threats.

Protecting Retail: In light of increasing cyber threats.

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Your Challenges

Here are some key statistics highlighting the severity of cybersecurity challenges in the retail industry:

  • In a twist, retail constitutes 24% of trust waves’ statistics on cyber attacks which is the largest victim in this case.
  • According to BDO, more than one-third of retailers claim this as their major challenge in the journey to go online.
  • Almost 30% of traders point out that their major worry is the possibility cyber attacks can affect their clients’ confidentiality, especially in e-commerce.
  • Nevertheless, Verison (2020) claims that almost all cyber attacks in this sector are driven by a desire to make profits.
  • In 2020, 42% of the penetration incidents involved payment details while 41% dealt with an individual’s personal information when verified by Verizon.

Solution With Our Retail Cybersecurity Consulting Services

We work with a team of trained professionals who can spot vulnerabilities in protecting your retail company. With extensive experience in safeguarding various retail assets, our retail cybersecurity consulting services encompass:

  • Penetration testing
  • Gap analysis
  • Social engineering assessments
  • Security architecture reviews
  • Secure network design and testing
  • Managed Detection and response services.
  • Data Security and Compliance
  • Cloud Security Solution