7 Cybersecurity Risks For Retailers
July 11, 2019
As e-commerce grows and retailers collect an increasing amount of personal and financial data from consumers, the retail industry has become a prime target for cybercriminals.
The consequences of a cyberattack can be devastating. A breach can lead to financial losses, business disruption, and reputation damage. Even worse — you may lose customers due to mistrust and/or higher prices that result from accounting for losses. Retailers must be able to minimize losses and downtime, safeguard customer data, and resume normal business operations as quickly as possible.
Today, it's not a matter of if a cyber breach will occur — it's a matter of when. Preparation and vigilance are vital to protect your business, your employees, and your customers. Learn more about cybersecurity risks for retailers below, as well as critical strategies for prevention.
To learn more about a cybersecurity review for your retail business, contact us today.