Protect your retail business from evolving cyber threats
35%
More than a third (35%) of UK retailers fell victim to fraudulent activity, cyber attacks or data leaks in the past 12 months
£11.3 billion
The UK retail sector lost £11.3 billion to cyber attacks and fraud in 2023
70%
70% of retailers ranked cyber threats among their top three concerns over the coming 12 months
The UK retail sector continues to be a prime target for cyber criminals, primarily due to their size, vast quantities of online and point-of-sale (POS) credit card transactions, and the widespread use of millions of POS and IoT devices. These devices, especially in remote locations, are particularly vulnerable to attacks stemming from unpatched software, weak encryption, and configuration errors.
Cyber security challenges facing the retail sector
Many cyber threats contribute to the increasing risk and vulnerabilities facing retailers, with phishing scams, ransomware attacks, data fraud and even human error remaining at the forefront of attacks – all preventable with the correct knowledge and detection in place.
With high staff turnover making it hard to properly train and educate staff, supply chain risks, POS software vulnerabilities and increased use of digital technology, retailers need to ensure there’s continuous across the board prevention, detection and recovery systems in place – which can be a challenge to solely manage in-house.
These threats apply to both small and large retail businesses – and to the supply chain as a whole.
Get in touch to speak to one of our cyber security experts.
How can Longwall help your retail business?
Regardless of where you are on your cyber security journey, at Longwall we deliver expert security consulting, in-depth assessments, and 24/7/365 managed security services, tailored to strengthen and optimise your overall security posture – and mitigate future cyber threats.
With fully assessed risks and exposures, early detection of evolving threats, visibility of supply chain risks and quick incident response times, Longwall becomes a seamless extension to your team, creating peace of mind so your business can focus on what it does best.
If you’re unsure of your current cyber security posture or need help to identify risks and exposures, you can take our free instant assessment.
Client Testimonial
“Above all, Longwall delivers peace of mind. Our cyber security posture has matured significantly: we have reduced risks, improved our operational effectiveness, and we are able to show value to The Board.”
David Charlton, Information Security Manager, Central Co-op