The retail sector is now more innovative, efficient and connected than ever. Digitalisation is now a critical success factor for retailers and for those that don’t view this as a strategic priority run the risk of being left behind.
Although digitalisation clearly has considerable merits for both retailers and customers, it also has its drawbacks. Technological advances are constantly expanding the entry points for a cyber-attack and if left unaddressed, the impact of these risks can be vast and uncontrollable.
In our latest whitepaper, our retail risk specialists provide insight into the current and emerging cyber risks for the sector, as well as a four-pillar strategy to robust cyber risk management including:
Best practice governance
Cyber hygiene protocols
Human factors relating to cyber risk
Risk transfer mechanisms.