Retail industry continues to struggle with cybersecurity

A new report from risk rating organization SecurityScorecard finds that the retail industry is the second lowest performer in terms of application security. SecurityScorecard continually monitors more than 200,000 businesses across the world and the report compares the average grade of the retail industry to other vertical markets. Retail is particularly vulnerable to social engineering attacks, partly because the industry employs a higher proportion of younger, less experienced people. Interestingly small business accounted for 43 percent of attacks with 62 percent of those arising out of phishing and social engineering. "This year the retail industry's security posture fell lower than… [Continue Reading]