The retail and hospitality industries are facing a surge in cyber threats, with ransomware, phishing campaigns, and impersonation scams among the most pressing risks. In 2024 alone, ransomware accounted for 30% of all reported incidents in these sectors, while phishing attacks targeting customer data increased by 22% year-over-year. These threats not only disrupt operations but…
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As the holiday shopping season approaches, the 2024 Trustwave Risk Radar Report: Retail Sector highlights a growing threat to the retail sector. Cybercriminals have refined their tactics, preparing to launch ransomware and phishing attacks that exploit well-known online brands. These attacks aim to defraud retailers and consumers, with the skills gained being used to infiltrate…
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The standards and best practices document provide a high-level overview of the twenty most critical cybersecurity controls hoteliers, online travel agencies (OTAs), and connectivity providers should focus on, particularly highlighting identity and access management (IAM) best practices, which can act as critical barriers for many prevalent fraud operations. Download the document here. The standards and…
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Increasingly, retail and hospitality applications are under attack by malicious threat actors exploiting web vulnerabilities. Thankfully, there’s a huge community of talented andtenacious ethical hackers who specialize in the retail and hospitality industries and can bring to your organization’s security. Thousands of the world’s most influential brands — including Hyatt, Beiersdorf, A.S. Watson, Delivery Hero,…
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Context On April 6, 2023, CSO reported on a research report from ESG on the challenges that face cyber security leaders when making decisions based on cyber threat intelligence. According to the report, “95% of enterprise organizations (those with more than 1,000 employees) have a threat intelligence budget, and 98% plan to increase spending on…
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