How the Cyber Grinch Stole Christmas: Managing Retailer Supply Chain Cyber Risk
Cyber threats are always a prominent risk to businesses, especially those operating with high quantities of customer information in the retail space, with over 50% of global retailers were breached last year. BitSight VP, Jake Olcott, has written guidance for retailers, on how to manage their supply-chain cyber risk to help prevent the 'Cyber Grinch' from not just stealing Christmas, but throughout the year, with four simple steps. Cyber risk in retail is not a new concept. Retail is one of the most targeted industries when it comes to cyber-attacks. In fact, over 50% of global retailers were breached in the last year. Given the sensitive customer data these organizations often possess — like credit card information and personally identifiable information (PII) – it’s not surprising that attackers have been capitalizing on the industry for decades. The Christmas shopping season can increase retailers’ cyber risk, with bad actors looking to take advantage of the ...