To guard against them, retailers need to reduce the attack surface and proactively protect their customer, employee, and business data. Malicious attacks are not a matter of if, but when. Attackers may use phishing scams in email campaigns - enticing employees to (usually inadvertently) download malware. Ransomware - particularly crypto-ransomware, which scrambles files and makes them unreadable without a decryption key - is a favorite malware tool that requires companies to pay big bucks to access their own information. Retailers face malware attacks when they download software that exposes their protected or sensitive data to an attacker. Malicious attackers may target retail businesses - especially those retailers that are ill-equipped to handle online security - with malware, ransomware, and phishing attacks.

mitigate risk across their entire data environment.

ensure brand integrity and prevent the loss of customer trust.

achieve regulatory compliance and avoid costly fines.protect the personal, sensitive, and regulated data they collect and manage.Here are key security threats retailers need to know in order to: Many retail organizations found themselves playing catch-up. Suddenly, the lack of an e-commerce presence was no longer a choice for businesses that wanted to stay afloat in the short term - and this abrupt shift presented a challenge for companies’ risk mitigation efforts.

On top of that, security risk in retail recently intensified with the onset of the COVID-19 pandemic.

This info often contains sensitive financial data like credit card numbers or bank info, which malicious attackers love to target. Why the threat? To begin with, retail companies collect and hold massive amounts of their customers’ personal information. Most shoppers need only consult their latest inbox notifications to find evidence of a recent breach that exposed their personal or sensitive information. The retail space has always been on the front lines of security threats.

Retail store threats