• Cybersecurity Challenges in Retail

  • Oct 29 2024
  • Length: 19 mins
  • Podcast

Cybersecurity Challenges in Retail

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  • Summary

  • One big thing

    Ransomware remains the top cybersecurity threat for retailers, despite the hype around AI.

    Why it matters

    Cybersecurity attacks have real-world impacts on consumers, from hospital diversions to school closures, yet many struggle to prioritize protection.

    Go deeper

    • CSOs across sectors face similar challenges, with threat actors constantly evolving tactics
    • Quantifying cybersecurity risks is difficult, especially for small and medium-sized businesses
    • Gift card scams highlight the overlap between cyber and physical retail crime
    • AI is being cautiously explored to help prioritize threats and detect malicious files

    The bottom line

    While AI generates buzz, cybersecurity experts are taking a measured approach, focusing on proven threats like ransomware while exploring AI's potential benefits.

    Retail's Most Wanted is presented by LVT and the Attorney General Alliance.

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