How Retail Tech Shapes Cybersecurity: Balancing Innovation and Protection>
IT News Africa – Mamsi Nkosi
Retail technology like online shopping, digital payments, AI, and AR has revolutionized retail but also introduced cybersecurity challenges like cyberattacks, data breaches, and fraud.
Key issues include:
Expanding attack surfaces from more data sources and tech vendors, creating more vulnerabilities
Widening threat landscape with sophisticated threats targeting various retail tech components
Changing threat actor profiles with more capabilities and resources
To enhance security, retailers should:
Adopt risk-based approaches to identify and prioritize critical cyber risks
Implement layered defense strategies across security solutions like firewalls, antivirus, encryption etc.
Cultivate security awareness and responsibility among employees, partners and customers
Though retail tech brings opportunities, retailers must remain vigilant, proactively addressing cyber risks, and keeping up with the latest security trends.
A secure approach ensures retail tech remains an innovation driver.
Link: https://www.itnewsafrica.com/2024/01/how-retail-tech-shapes-cybersecurity-balancing-innovation-and-protection/