We focus on the latest news surrounding data breaches, leaks and hacks plus daily internet security articles.
Retail cyber attacks and the legal viewpoint is a simple one: as with any other organisation, retailers must protect their customers’ information.
Yet, in recent times, we’ve witnessed a lot of retail cyber attacks that were entirely preventable, and retailers are an obvious target for cyber-criminals.
Retail cyber security can be a complex matter. With numerous breach points along varying suppliers and across potentially hundreds of thousands of outlets, it’s not the easiest of issues to address, but the legal viewpoint remains that customers data must be protected, or retail cyber attacks will lead to legal action and compensation for victims.
According to recent information, transparency pays when it comes to retail data protection as some consumers would pledge to shop more with retailers who are transparent about how they use their data.
Given the volume of data breaches we see in the news these days, consumers are more aware than ever about the importance of data protection and knowing more about how their data is used and shared.
The data about customers being happier to shop more with organisations when there is more transparency over retailer data protection policies is certainly food for thought in today’s globally-competitive market.
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