How retail companies can better protect themselves against cyberattacks


With the holiday season underway, retail companies are busy trying to attract customers with sales and promotions. At the same time, another group will be busy but with more nefarious intentions, and those are cybercriminals targeting the sector. In fact, the retail industry is the most vulnerable one for cyberattacks with more incidents recorded this year than against any other sector. A report released Thursday by IntSights describes some of the threats facing retail companies and how they can better protect themselves. One of the top threats that retail companies face are cybercriminals in the form of organized retail crime (ORC), IntSights said, costing retailers around $30 billion each year.