Almost three quarters of retailers have been victims of cyberattack

Some 72 percent of retailers globally have experienced a cyberattack, with 61 percent experiencing one in the last year, yet 50 percent don't have a response plan in place to deal with data breaches. This is among the findings of a new study carried out by the Ponemon Institute for Keeper Security, which also shows the average cyberattack on a retailer involving the loss of customer/employee data results in 7,772 individual records lost or stolen, with an average price tag of $1.9M from the disruption of normal operations. Of retailers surveyed 87 percent agree that cyberattacks are becoming more targeted,… [Continue Reading]