Retail cyber security spending ineffective as breaches rise

Retail cyber security spending ineffective as breaches rise

Cyber attacks on the retail sector are increasing, and although most retailers plan to increase cyber security spending, planned investments are unlikely to be effective, a report reveals

Warwick Ashford

Half of US retailers experienced a data breach in the past year, up from 19% the year before, according to the retail edition of the 2018 Thales data threat report.

This increase drove US retail to the second most breached sector in the US after the federal government, putting it ahead of healthcare and financial services.

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Source: https://www.computerweekly.com/

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