Cybersecurity Challenges in Retail

One big thingRansomware remains the top cybersecurity threat for retailers, despite the hype around AI.Why it mattersCybersecurity attacks have real-world impacts on consumers, from hospital diversions to school closures, yet many struggle to prioritize protection.Go deeperCSOs across sectors face similar challenges, with threat actors constantly evolving tacticsQuantifying cybersecurity risks is difficult, especially for small and medium-sized businessesGift card scams highlight the overlap between cyber and physical retail crimeAI is being cautiously explored to help prioritize threats and detect malicious filesThe bottom lineWhile AI generates buzz, cybersecurity experts are taking a measured approach, focusing on proven threats like ransomware while exploring AI's potential benefits.Retail's Most Wanted is presented by LVT and the Attorney General Alliance.