The Retailer Winter Edition 2023

Awareness of changing risks is high among retail organizations, but this hasn’t accelerated how organizations address them.

3. Follow Zero Trust principles: Employ “least privilege” access across the highly distributed, high-value data and assets, both on- and off-premises. By following the principle of “Never Trust, Always Verify”, employees can only access data they’re authorized to, while verifying their identity to do so. 4. Implement MFA: Add an extra layer of security, such as two factor or multiple factor authentication, to ensure only the intended individual can access the network. 5. Roll out cybersecurity training: Human error remains the weakest security link across businesses. Create and maintain a cybersecurity awareness training program for all employees so they can competently and confidently navigate risks.

5 Top Cybersecurity Tips for Retailers So what can retailers do to ensure their cyber securitypractices are robust and resilient enough? The following are some basic tips to ensure retail cyber safety: 1. Assess risk: Educate themselves on the whereabouts of their data and classify it by risk level to ensure sensitive data is sufficiently protected and encrypted. 2. Automate data security governance: The modern complex Hybrid IT infrastruc ture requires organizations to enforce granular security policies across multiple systems, automation is essential to be able to scale protection and meet com pliance requirements.

Tofindoutmore, and to learnhowThales canhelp to improve security for your retail organization, read the full 2022 Thales Data Threat Report Retail Edition.

Philip Duerden cpl.thalesgroup.com