Retail operations have always been high profile targets because of the opportunity for attackers to acquire highly valued customer data. The standard cyber defense suites deployed in retail are often unable to detect these advanced threats until it’s too late.
As retailers come to depend more and more on technology, this trend also increases vulnerability to cyberattack. This means that not only is customer data at risk, but also trade secrets and other intellectual property.
Cyber attacks target security vulnerabilities in point of sales and IOT devices. These devices are very common within retail operations and will only to continue to become more prevalent. Naturally, this increases the risk within retail networks.
Retailers also have significant responsibilities for compliance with PCI DSS. The retailer is responsible for ensuring that payment card data is protected. Connections between the retailer and other third parties can be compromised. It’s the retailer that must ensure that no unexpected changes have occurred, and that the integrity of the connection is maintained. Detection of attackers has become much more difficult. Hackers often move easily through retail and third party payment networks acquiring customer data and looking for the potential to divert funds.
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