Two Thirds of Retailers Increase Cybersecurity Measures During the Holiday Season
Infoblox Inc has announced in the last week new research revealing how retailers across the globe invest more in cybersecurity during the holiday period than at any other time of the year due to a seasonal increase in social engineering attacks. The research also found that threats like unpatched security vulnerabilities, insecure IoT devices, and the online consumers themselves are a risk to retailers this time of year.
The report titled, 'Retail Risks Revealed: Cybersecurity Threats at All Time High During the Holidays' details the findings from a survey 3,000 consumers and retail IT professionals in the UK, Germany, Netherlands and the U.S. on their experiences and attitudes towards online data privacy and security while shopping online during the holidays.
Sixty two percent of UK and German retailers claim to increase cybersecurity measures during the holiday season, with a third in each region citing a rise in social engineering attacks (35 percent in U.S., 34 percent in UK, 30 percent in Germany), aside from the Netherlands where social engineering attacks dominated for just over a quarter of businesses – though this was still the most common attack vector. Other kinds of attacks include:
- Social media scams – 19 percent in U.S., 15 percent in UK, 14 percent in the Netherlands, 12 percent in Germany
- DDoS attacks – 20 percent in the Netherlands, 17 percent in Germany, 12 percent in UK, 7 percent in U.S.
- Ransomware – 12 percent in U.S., 11 percent in Germany, 10 percent in UK, 9 percent in the Netherlands
44 percent of U.S.-based IT decision makers in retail say implementing new technology makes them more concerned, yet 44 percent of retailers plan to implement IoT devices like Amazon Alexa and Google Home in stores within the next 12 months. In the UK, artificial intelligence (43%) leads as the technology most likely to be implemented within the next year, followed by IoT devices (35%), fourth screen technology (24%), Omni channel technology (23%), and augmented reality (17%). Similar to the US, the majority of IT decision makers in the UK say they're concerned about new technologies, a stark contrast from the Netherlands where only 20 percent are concerned.
While the majority of global consumers shop online to some degree,17 percent of shoppers do nothing to protect their data while shopping online. The UK is the most complacent with just one in five taking no proactive action to protect their data. On the other hand, German consumers are more cautious when shopping online - with more than half of (53%) consumers only shopping on secured WiFi networks, and 62 percent of companies reporting implementing extra protection for consumers.
"The level of online shopping activity always increases significantly during the holiday season and can provide rich pickings for the opportunistic cyber-criminal, so it's no coincidence that more than half of retailers will increase their cybersecurity spending during their most prosperous and dangerous time of year," said Victor Danevich, CTO of Systems Engineering at Infoblox. "It's critical that enterprises take measures to get additional network visibility, so they can respond quickly to potential cyber incidents which could result in lost revenue and brand damage."
In order to prevent unwanted network activity and vulnerabilities during peak online shopping seasons, retailers need to gain complete visibility into their network. Intelligent DNS security solutions can help detect vulnerabilities by identifying unusual and potentially malicious network activity and provide deeper control at the infrastructure level. To stop sophisticated attacks like phishing, social media scams and social engineering, retailers need network monitoring solutions that leverage machine learning and artificial intelligence to identify malicious actors and potential cyber-attacks.
Industry: Cyber Security News
- Security Analyst, End User. Level 1 Service Provider.
CH7843 Security Analyst, End User. Level 1 Service Provider. £50,000 London Security Analyst needed to join an Level 1 Service Provider. The Security Analyst will be responsible monitoring, configuring, fine tuning and generally improving the security tool capability. Specific experinece with firewall, phishing, AV, vulnerability management, IAM is needed. Specific tools suce as CyberArk, Tripwire are highly desirable. You will be working within a specialist security team reporting to the CISO. Expeirnece working within an end user environment within financial services is highly desirable. Flexible location. This is an exclusive role to DCL Search & Selection. https://calendly.com/chris-holt/arranged-call-with-chris-holt-soc-role-clone
- Internal Security Auditor, Level 1 Service Provider (ISO27001)
- Upto 65,000 plus benefits
Internal Security Auditor ISO 27001, PCI, needed to join a Cyber team within this expanding Fintech business. The Internal Security Auditor will have end to end responsibility for planning, delivering, remediating any findings etc. Experience working within financial services is highly desirable. This Is a great time to join a newly formed and growing Cyber team within a rapidly expanding fintech, that is taking a major share of its market. We are looking for someone with experience, (but not to be limited to) a mix of Information Security standards, frameworks, audit principles, controls / policies and the management and use of the technical tooling etc. ISO 22301, ISO 27001, NIST Cybersecurity Framework etc An ideal candidate will be working within an end user environment with a cyber consultancy background. Experience taking a company through accreditation is highly desirable Experience managing internal stakeholders, technical teams and external third parties essential Flexible working, but with the ability to get into London. This is an exclusive role to DCL Search & Selection.
- DevOps Engineer with IdAM
- Upto £80,000 plus benefits
We are ooking for an DevOps engineer, idealy with IdAM (identity access Management) experience, this is a senior role for someone that can be the lead hands on person on a project. Your role will be to work on the deployment project implementing the solution into the exsiting application so will be used to connect an applications into mulipe 3rd party appliactions. We Would look at someone who has done DevOps with Security and can cross train into IdaM, but preference would be given to someone with the IdAM experience this is a great opportunity to join a consultancy that work on some truely amazing and differnet solutions
- Senior SOC Analyst. Level 3 Palo Alto Wildfire, Rapid 7, Fortify, Splunk.
REF CH7840 Senior SOC analyst (Palo Alto Wildfire, Rapid 7, Fortify AND Splunk) Flexible location £55,000 + Senior SOC analyst needed (Level 3) that can achieve SC clearance for a permanent role. We are looking for Level 3 SOC Analysts with two or more of the following; Palo Alto Networks Wildfire (#malware) Rapid7 Nexpose Micro Focus Fortify (#automated #applicationsecurity) AND ideally Splunk. The role will include, but not be limited to; managing and handling incidents end to end, supporting and mentoring level 1 / level 2 staff, supporting the SOC manager in the delivery of the SOC roadmap, engaging with the client stakeholders (other technical teams) as and where needed, use case development, advanced search and reporting etc. Flexible location, commutable in the future to London or Birmingham This role will sit within a public sector client so the individual must be able to achieve SC clearance. To arrange a call with Chris Holt use this calendy link https://calendly.com/chris-holt/arranged-call-with-chris-holt-remote-soc-role Chris.Holt@dclsearch.com 07884666351