Security attacks within the retail sector have always been prominent. But due to COVID-19, and our changes of living whereby the majority of us shop online, this year retail has seen a surge in cyber-attacks within online premises.
Phishing
Everyone is susceptible to a phishing attack. But phishing emails within the retail sector are well-crafted and it takes a trained eye to spot the genuine from the fake. From phishing attacks comes ransomware, which can destroy a whole business in minutes.
Customer Journey Hijacking
Hackers place unauthorised ads in browsers and websites and direct visitors to alternative products/sites and redirect to competing sites or unsafe sites containing malware. Through this malicious malware, phishing scams and ransom attacks are prevalent.
Web Application Attacks
Web attacks breach company payment applications, and install malicious malware or code, to steal personal information, including bank details and private data. Companies without adequate security procedures are the most susceptible.
Effective security always comes down to three key elements. Processes, people and technology.
Given that this industry controls a vast majority of complex and critical infrastructure and holds a wealth of data, the impact of a successful attack is not only significant, but far-reaching. Processes must run seamlessly alongside the organisation. Security experts must have the capability to detect, react and understand the context of a risk. And the technology must be superior, to keep up with cyber threats. All elements are equally as important, and you must have all three to ensure security.
Do you meet data protection policy standards? If not, why not?
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