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Retail & E-Commerce
As digital transformation has accelerated in other industries in recent years, retailers have been able to provide their customer base with an increasing variety of e-commerce options. Albeit there has been an expected post-Covid decline in e-commerce, due to the easing of restrictions and increased in-store purchases again, it is still expected that Global e-commerce will increase to USD $5 trillion by the end of 2022.
Cyber-criminals are constantly evolving their tactics and finding new ways to breach defenses, making it essential for e-commerce businesses to stay vigilant and regularly review and update their cyber security measures. Our consultants are equipped to help e-commerce businesses stay ahead of these threats and maintain the security of their systems.
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of small and medium-sized retailers have experienced a cyber attack in the past year
the average cost of a data breach for a retail organization
increase in the number of cyber attacks in the Retail & E-Commerce industry in 2020
How we help our clients
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Protect Personal Data
Retail and E-Commerce businesses are often required by law to protect the personal data of their customers. This includes the General Data Protection Regulation (GDPR) in the EU.
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Improve Customer Interaction
Improving Customer Interaction while maintaining high standards of security can help protect customers' personal and financial information, which is essential for maintaining their trust and confidence in the business.
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Beware of Risks in Supply Chain
Risks in the supply chain can lead to delays, shortages, and other disruptions, which can result in financial losses for businesses. Being aware of these risks can help businesses mitigate their impact and reduce the financial risks they pose.
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Training Personnel
Training personnel in good cybersecurity practices is of critical importance in the retail industry.
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Managing Security Risk
Retail businesses have a responsibility to protect the personal and financial information of their customers. This includes protecting against data breaches, payment fraud, and other security threats. Managing security risks helps to ensure the safety and security of customers.
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Detect and Respond to Intrusion
Retail and ecommerce businesses often have access to sensitive personal and financial information from their customers. Detecting and responding to cybersecurity intrusions can help protect this data from being misused or stolen.
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