Retailers are storing a lot more data now than they were 10 years ago, and hackers are learning to take advantage of the amount of data that is now being stored on cloud-based platforms.
They have become a source of new security challenges, and traditional security models need to be re-evaluated in order to keep up with emerging threats.
Along with the development of retail technologies, companies need to consider whether their security policies cover new trends - such as BYOD (bring your own device) and omnichannel environments.
Ultimately you need to consider customer security, employee security, and the reputation of suppliers and partners. All in all, this results in problems beyond that of monetry worth in the event of a breach.
Consider these security basics we should all adopt.
In recent times, mobile smart devices and cloud-based platforms have been the predominant sources of new security challenges and have received the majority of attention by businesses. Their proliferation has rapidly produced ‘perfect storm’ conditions, with the traditional security models and practices in place unable to keep pace with emerging threats. Added to this, the importance and amount of data retailers transmit within an omnichannel operational landscape makes the security challenge greater.