The rise of the cyber attack – how retail became a prime target for hackers
As the world of retail moved online during the pandemic, so too did the thieves. These cybercrooks are hunting for customer data – and lots of it. Retail Week examines the increased volume of cyberattacks against retailers and how companies can protect themselves
“The reality is that virtually every business is being attacked all the time in some way.” The words of Fenwick chief executive John Edgar throw into stark relief the frightening scale of the online threat now faced by the UK’s biggest retailers.
Whether such threats come “at an individual level with spurious emails, or at a much bigger, more sinister corporate level,” Edgar and his peers must ensure their businesses are more prepared than ever to identify and nullify cyber attacks.
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