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Retailers around the world are preparing for a chaotic holiday season. Supply chain disruptions are causing issues , and the ongoing COVID-19 pandemic is something retailers need to keep in mind, especially when operating a brick-and-mortar location. About 24% of all 2020 breaches were aimed at retailers. Train staff members.
Allegedly orchestrated by the same group known as Scattered Spider, these attacks highlight the significant challenges even the most respected and established brands face in defending against modern cyberthreats. Then, the focus of cyber attacks on retailers, and what lessons must be learned by business leaders and customers.
SOAR, if you haven’t heard, is a hot new technology stack that takes well-understood data mining and business intelligence analytics methodologies — techniques that are deeply utilized in financial services, retailing and other business verticals – and applies them to cybersecurity.
Key findings: the cyberthreat landscape in 2025 1. AI, a double-edged sword AI-driven cybersecurity tools enhance threatdetection but also empower attackers with sophisticated social engineering, deepfake campaigns, and automated exploits. Retail: Supply chain vulnerabilities contribute to $7.05
The average breach in the retail sector costs $2.9 AI-driven threatdetection Implementing AI-driven threatdetection allows your organization to analyze enormous volumes of data in real-time. Additionally, complex supply chains and franchise models create sprawling attack surfaces.
Competition has never been fiercer for online retailers, which means it’s not just quality products and customer service that companies must focus on. Ensuring that customers stay safe from cyber criminals while completing online transactions is of utmost importance in today’s environment. What is the zero trust model?
Holiday Shopping Readiness: How is Retail Data Security Holding Up? Retailers have been prepping for this season all year and are ready to provide a safe, secure, and seamless customer shopping experience. According to the National Retail Federation (NFR), retail sales during 2024 will grow between 2.5% trillion and $5.28
The retail industry’s digital transformation has made secure APIs essential to modern operations since they are at the core of this shift. They help retailers stay agile in a fast-paced market by enabling seamless data exchange and streamlining processes. Additionally, only 12.5%
Holiday Shopping Readiness: How is Retail Data Security Holding Up? Retailers have been prepping for this season all year and are ready to provide a safe, secure, and seamless customer shopping experience. According to the National Retail Federation (NFR), retail sales during 2024 will grow between 2.5% trillion and $5.28
From automated threatdetection to generative content creation, AI is transforming industries, workflows, and, yes, entire careers. Currently, the cybersecurity industry is faced with a skills gap due to a shortage of professionals with the expertise needed to handle the ever-evolving cyberthreat landscape.
This growth, while beneficial for environmental sustainability, also increases the attack surface for cyberthreats. As highlighted by CISA and the FBI, the potential for cyberthreats targeting these systems is profound," said VJ Viswanathan , Founding Partner at CYFORIX, a research-driven strategic risk and technology advisory firm.
GenAI adoption is accelerating Broad Use Cases: More than 70% of professionals use GenAI for tasks like automating workflows, drafting documents, fraud detection, and data search. Industry Variances: Retail and manufacturing sectors show high adoption, deploying GenAI for customer service, inventory management, and fraud detection.
These fraudsters go to great lengths to create the appearance of being legitimate florist, gift basket retailer, or travel agent, setting up websites, placing ads on social media, and sending emails. Use Carbonites secure, automatic computer backup solution to protect important files from cyberthreats.
The upcoming holiday season presents a unique cybersecurity threat for businesses in addition to individual consumers. More online retailers are offering Black Friday, Small Business Saturday and Cyber Monday deals to maximize profits and expect to see a 107% revenue boost over the holiday shopping weekend.
billion by 2026, driven not only by remote working and growing cyberthreats but also by a massive cybersecurity skills shortage , the demands of government regulations , and the simple cost benefits of outsourcing. Intelligence: Global threat intelligence, advanced threatdetection, and integrated incident response.
The upcoming holiday season presents a unique cybersecurity threat for businesses in addition to individual consumers. More online retailers are offering Black Friday, Small Business Saturday and Cyber Monday deals to maximize profits and expect to see a 107% revenue boost over the holiday shopping weekend.
Companies like Halliburton must ensure that their networks are protected against increasingly sophisticated cyberthreats. With IT/OT convergence expanding attack surfaces, security personnel have increased workloads that make it difficult to keep pace with threats and vulnerabilities," Fowler said.
They’ve seen tremendous interest from a wide range of parties, whether that be institutional investors or retail hobbyists looking to find an angle. Non-fungible tokens (NFTs) are the new player in the financial investment market. million) theft due to a fraudulent NFT scheme.
The results focus on common edge use cases in seven vertical industries – healthcare, retail, finance, manufacturing, energy and utilities, transportation, and U.S. Collaboration approaches to connecting and securing the edge ecosystem. Perceived risk and benefit of the common use cases in each industry surveyed.
The Clearswift solution incorporates inbound threat protection (Avira, Sophos or Kaspersky antivirus ), an optional sandbox feature, data loss prevention technology to remove threats from messages and files, a multi-layer spam defence mechanism (including SPF, DKIM, DMARC), multiple encryption options, and advanced content filtering features.
And these use cases can span many industries – manufacturing, public sector, healthcare, education, stadiums, retail and more. These are just a few examples of how businesses are being transformed through edge computing technologies.
ReliaQuest recently completed a thorough analysis of customer incident data and scoured cybercriminal forums to identify threat actors’ top tactics, techniques, and procedures (TTPs) from August 1 to October 31, 2024 (“the reporting period”).
VoIP phishing and impersonation also victimized millions of corporate employees across the world , contributing to an even greater cyberthreat. Cloud security success and choosing the right investments is all about having a clear understanding of threat types and their resulting damages.
Focuses on common edge use cases in six vertical industries – healthcare, retail, finance, manufacturing, energy, and U.S. Over 40% of the surveyed population are in the mature stage of adoption on specific edge projects, with each vertical industry as follows: 52% of retail and public sector are in the mature stage.
Automation has totally revolutionized the cybersecurity landscape, offering organizations a proactive and efficient strategy to bolster their defenses against continually evolving cyberthreats (which are also driven by automation). This proactive approach minimizes the window of vulnerability.
Global enterprises, including leading Fortune 500 companies in financial services, media, retail and manufacturing choose Hunters as their main SOC platform, replacing their SIEM. Hunters’ SOC Platform empowers security teams to automatically identify and respond to incidents that matter across the entire attack surface.
It offers layered protection via a defense in depth approach to cybersecurity and has been developed using firsthand experiences of cyber defenders across various industry verticals such as retail, manufacturing, healthcare, government, etc. Introduction – Choosing the Right Security Controls Framework.
Illustration : Amazon’s retail transformation illustrates the benefits of data-driven personalization. How to Mitigate Online Digital Risks Digital Threat Management When addressing potential cyberthreats, organizations must gather information, understand the threats, and fortify defenses based on this knowledge.
Encryption safeguards data at rest, access controls limit unauthorized user interactions, and advanced threatdetection mechanisms provide real-time defense against evolving threats. Employ encryption for data in transit, deploy intrusion detection systems, and leverage deep packet inspection to scrutinize network traffic.
As digital business objectives accelerate the adoption of new technologies , drive innovation, and transform complex environments, the cyberthreat landscape continues to evolve along with the increased compliance and regulatory pressure on enterprise-grade companies. Growth of automated and sophisticated cyber attacks.
ReliaQuest recently completed a thorough analysis of customer incident data and scoured cybercriminal forums to identify threat actors’ top tactics, techniques, and procedures (TTPs) from August 1 to October 31, 2024 (“the reporting period”).
After a slight pause, they ask you to purchase some gift cards for an upcoming raffle from whatever local retailer is close to you. This call says they really appreciate your work, and wondered if you would do them a small favor. They assure you the company will reimburse you, and apologizes for the inconvenience.
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