Cyberattacks often target the retail sector, although many of these threats are aimed at the e-commerce channel, businesses have also reported incidents where in-store Wi-Fi access points and even IoT devices are exploited as attack vectors. This is reflected in several studies, which reveal that, together with the education sector, the fashion industry was one of the hardest hit last year and 60% of retail companies are at risk of suffering an attack.

To compete in an increasingly cutthroat marketplace, retailers spend vast sums in hopes of becoming household names. But brand recognition is a double-edged sword when it comes to cybersecurity. Unlike breaches to businesses in other sectors of the economy that operate in relative obscurity, when a breach involves a major retailer it often becomes front-page news since far more people are aware of the company and may, in fact, be devoted customers.

Retailers are facing a more challenging cybersecurity environment than ever, according to a new study, Cybersecurity solutions for a riskier world. With physical and digital worlds colliding, greater levels of regulation, and more savvy cybercriminals, executives agree that we have entered a new era of cyber risk. In fact, 30% of retailers say they are not prepared for the threats ahead. In response to these changes, the role of the retail CISO is expanding.

The retail sector has its own unique cybersecurity risks, especially given the growing emphasis on online commerce. The trend toward purchasing goods and services on the internet has been going on for years. But the volume of e-commerce has seen a sharp increase since the beginning of the pandemic, when many physical stores were forced to lock down or consumers simply opted to buy online rather than visiting brick-and-mortar locations.

For many of us, the holiday season can be both a joyous and stressful experience. Delivering delightful experiences to our families, friends, and customers is inextricably linked with our ability to manage our time and our growing to-do list. Retailers operating in today’s hyper-competitive market are facing similar challenges.

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. Another pressing issue that retailers of all sizes need to address before the peak of the holiday season is the risk of facing a cybersecurity crisis.

November and December can be particularly stressful for retail organizations—and not just because of the holiday madness. As the volume of transactions ramps up during the holiday season, IT teams must be on high alert for threats buried in a sea of routine activity. But given the exponential growth of ecommerce, they also need to stave off cyber threats.

The pandemic accelerated a trend that was already gaining increased traction: the preference for shopping online. The last eighteen months have brought a surge to the eCommerce industry, with consumers of all ages learning how to order items online. Competition has never been fiercer for online retailers, which means it’s not just quality products and customer service that companies must focus on.

With the never-ending potential of technology to disrupt everyday processes, more and more industries are deciding to adapt to one exciting area of innovation today: artificial intelligence (AI). In fact, Global Industry Analysts Inc. predicts that AI will be worth 164.03 billion GBP by 2026, and here, we look at four industries set to be disrupted by AI. Since the healthcare sector collects and greatly depends on personal data from their patients, AI will play a crucial role in data management.

Updated as of June 7th 2021 It's an excellent time to be an online retailer. In 2021, over 230 million Americans will be shopping digitally, positioning the United States as one of the leading e-commerce markets. Social platforms are highly influential with millennials, teens, and Gen Z consumers; 50 percent of college students have purchased on Instagram, and 48% of U.S. internet users aged 18 to 34 years have purchased through social media this year.