isBuzz News: Retailers Experience Two Cyber Attacks Every Week

September 15, 2017 — Retailers Experience Two Cyber Attacks Every Week

Lisa Baergen, Director at NuData, comments on a new survey revealing that retailers are responding to cyber attacks on average twice a week.

In today’s online, big-data driven economy, retailers have never been privy to so much sensitive customer information. Even things that might seem relatively benign on the surface can be used for malicious purposes or can be used in social engineering or phishing tactics to gain more dangerous information. For this reason, all organisations need to make the protection of customer data a propriety, and need to move past the username/authentication model and embrace a model that engages multiple layers – so when one can’t return a high trust confidence, there is another layer to rely upon. The largest merchants and banks are adopting passive behavioural biometric solutions to provide customers data with extra layers of protection, to ensure a strong balance between security from cyberattacks without adding excess customer friction.

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