How Are Retailers Fighting a New Wave of Cyberattacks?

Andrew Burnstine – Retail Matters

For years, the threat of security breaches — where individuals and organizations hack systems to access customer data such as contact information and credit card details — have haunted companies across industries, from Target to MGM Resorts.

The frequency of these attacks is only growing: In 2024, the number of individuals and groups targeting companies’ systems that cybersecurity consultancy S-RM engaged with across 600 incidents grew 96 percent year over year.