target audience: TECH SUPPLIER Publication date: Nov 2022 - Document type: Market Presentation - Doc Document number: # US49813322
Ransomware Attackers Target Retail: The Growing Need for Cybersecurity Measures
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Abstract
This IDC Market Presentation highlights the key findings from retailer responses in IDC's Future Enterprise Resiliency and Spending Survey, Wave 7. This IDC Market Presentation takes a deeper look at the current ransomware environment and the most beneficial security steps that retailers are taking to combat it.
"We are seeing ransomware attacks on retailers skyrocket in 2022, driven by a variety of factors, including the spiraling amounts of retail data, the greater complexity that can come with some digital transformation projects, and retail being seen as having lower security maturity than some other verticals," says Margot Juros, research manager for IDC's Worldwide Retail Technology Strategies. "Since retail differs from other verticals including being distributed with many locations, certain security technologies are more effective for retail than other industries."