For any retailer, the festive season is a time when sales flood in like no other time of the year, "from Black Friday to January sales shoppers will be spending on autopilot with consumers spending an average of $743 between Black Friday and cyber Monday alone!"
However - with an increase in sales comes an increase in cyber threats. What 2 things can be done to mitigate these threats?
1. Cyber security - to help understand the tactics, techniques and procedures (TTPs) of cybercriminals
2. Cyber insurance - to support you following an attack; a security net to keep your business ticking over even after suffering a breach.
Arguably this is the most important time of year to ensure you have these precautions and protections in place - if its a busy time for retail its a busy time for cyber criminals too
Analysis of one well-known credit card shop on the dark web reveals that over 93,000 card details have been added since the beginning of November. Hackers target retailers in two main ways: through Point of Sale (POS) systems and physical skimming devices.