Retail Industry – Safe from Cyber threats?
Retail Industry – Safe from Cyberthreats? The retail industry is on top of the hit list for cyber attacks. Though cyber intruders and their modus operandi are rapidly developing, the retail sector remains to be the primary denominator for cyber attacks. Therefore, the retailers must game up their security measures accordingly irrespective of how small or huge their organization is. Retail industry adapting itself to the next level of technology which is cloud computing. Cloud technology is a double-edged sword that provides a considerable transformation and also causes security risks and bugs which paves way for malicious intruders. E-commerce is majorly targeted by cybercriminals as it contains sensitive information about customers including Personally Identifiable Information (PII) and their payment information succeeding an online transaction. The cybercriminals attack a retailer and the entire dominoes fall apart providing access to their customer’s personal data. ...