Today’s retail industry is characterized by a customer obsessed, omni-channel approach that unifies online and offline experiences. This calls for re-architecting the application stack to optimize global supply chains, remain compliant and harness customer intelligence. And, security remains a critical piece to this transformation.
Retailers battle at least eight cyber attacks per year, 74 percent of which are advanced threats. The most prevalent of these are the sophisticated hacks on POS systems (64% of all attacks) involving memory level exploits with RAM scraping. This is followed by web applications attacks (26% of all attacks) with a sophisticated malware exploit like the MegaCart campaign. Retailers are well represented on the list of ‘The 10 Most Expensive Data Breaches of 2015’ with Hannaford Bros, Target, TJ Maxx, and Home Depot breaches accounting for $722M in losses. The cost and impact are far beyond; it erodes customer confidence, trust and loyalty.
Virsec addresses the unique security needs of both online and brick-and-mortar retailers by offering comprehensive application protection all the way from sophisticated indefensible memory attacks to web attacks at near 100% accuracy.