Cybersecurity has emerged as one of the biggest risks facing the retail industry. Nearly one in three retailers has suffered revenue losses as a result of a cyberattack. But while the costs of a data breach can be devastating to an organization’s financial health and its brand reputation, analysts say retailers are still struggling to fully understand and implement critical security basics.
To provide insight into the digital threats facing retailers, we've put together a comprehensive guide analyzing the trends and themes impacting cybersecurity in 2017 and beyond:
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What retailers need to know about cybersecurity
Annual global costs tied to destruction of data, intellectual property theft, lost productivity and fraud are on pace to reach $6 trillion by 2021. Here's how retailers can avoid becoming a statistic. Read More >>
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3 trends shaping retail cybersecurity in 2017
Nearly one in three retailers have already suffered revenue losses as a result of a cyberattack — and the worst is still to come. But understanding digital threats can help neutralize them. Read More >>
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5 numbers to know about retail cybersecurity
Retail faces more cyberattacks than any other industry — and the costs of a data breach can be devastating. Read More >>
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6 steps retailers can take to defend against cyber attacks
Retailers continue to struggle with DNS health, social engineering and network security, yet analysts say owning these basics is critical. Read More >>
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Rise of the learning machines: How AI is becoming the newest weapon in the fraud fight
While artificial intelligence is synonymous with customer interaction tools like chatbots and Amazon’s Alexa, it also can wage battle against payment and transaction fraud, both in stores and online. Read More >>
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How cybersecurity vulnerabilities can destroy retailers' reputations
Merchants keep falling prey to cybercrime, but retail executives keep diverting attention and funding elsewhere. The problem is it could cost them customers — in some cases, forever. Read More >>
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How EMV is fueling an e-commerce fraud frenzy
The rollout of EMV-enabled credit and debit cards is driving a sharp decline in brick-and-mortar transaction fraud. But now fraudsters have a different target: online retailers. Read More >>