Cybersecurity in Retail
Many retailers are getting left behind in the developing threat landscape. Aggressive Ransomware, DNS attacks and data breaches are notorious across the majority of ecommerce sites and retail stores of every size and in every vertical.
Security attacks within the retail sector have always been prominent. But due to COVID-19, and our changes of living whereby the majority of us shop online, this year retail has seen a surge in cyber-attacks within online premises.
End-to-End Visibility
As new devices access the network, many retail companies’ IT groups are also managing multiple POS systems distributed across many geographically dispersed branches. A high-level view of all the threats across the attack surface—including multiple clouds, mobile devices, and POS systems—is crucial in protecting against sophisticated, multifaceted attacks. However, in response to a growing attack surface and evolving threat landscape, many retailers have deployed point security products across individual security elements. The resulting information silos impair visibility.
Sophisticated Threat Landscape
Point-of-sale (POS) and other retail applications contain sensitive customer financial data, which makes them highly attractive targets. Distributed denial-of-service (DDoS) and ransomware attacks are on the rise and are becoming more sophisticated and prolific. Incorporation of real-time threat intelligence, technologies that share information about detected zero-day attacks, and solutions that reveal previously unknown threats are critical in protecting against these types of attacks.
Cost Reduction
Retailers often operate with razor-thin margins, so total cost of ownership (TCO) is top of mind in any solution deployment. For IT, this means manual security management tasks should be eliminated through automation whenever possible. Inefficiencies in threat detection and/or response can undermine the company’s success or even its ability to survive.
Network Performance
Customers expect high performance from retail networks—whether they are trying to complete an ecommerce transaction, make a purchase in person or use a store’s wireless access point to access information via mobile phone. Any cybersecurity technology that reduces network performance will negatively impact customer experience and/or decrease employee productivity.
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Gain visibility
Spectrum provides a cost-effective deployment of SIEM technology for your network to give you greater visibility for spotting threats and remediating attacks. This allows organizations, through Spectrum to implement user behavior analytics, application monitoring, network forensics and analytics, log management and compliance reporting and file integrity monitoring.
Latest technologies
With Spectrum’s SECaaS you’re always using tools and technologies that are updated with the latest threat intelligence and security features. This means you get to use state-of-the-art technology while keeping your cost down.
Continuous Evaluation
Spectrum cyber threat platform allows you and your organization’s business stakeholders to continuously monitor the most important cybersecurity KPIs for your organization. This tool delivers actionable security intelligence that enables security and risk management teams to find and reduce vulnerabilities before attackers can exploit them.
Business context security
Context-based security applies intelligence about company environments to the systems and data being protected. Proper context helps identify appropriate levels of security, improves the precision of security controls and makes security reporting more meaningful for the business.
Free Consultation
To understand your vulnerabilities and to navigate the growing financial threats and compliance processes, have a free consultation with a Spectrum Security Expert.