Almost all retail businesses today depend on the internet for most of their operations. While they invest in state-of-the-art platforms, meeting adequate security protocols appears to be a blockage. In recent months, several cyberattacks have been observed penetrating the networks of retail chains and food joints.
Attacks on the retail sector
In the last two months alone, several organizations in the retail sector have faced cyberattacks. Most of these attacks targeted the U.S. and Canada, followed by India, the U.K., and Germany.
A few weeks ago, a large-scale BEC campaign targeted at least 120 organizations (including retail) using typosquatted domains registered just a few days before the attacks began.
Last month, UNICC along with Group-BI took down a scam campaign impersonating the WHO. This scam impersonated more than 50 well-known international brands, including international food, sportswear, e-commerce, software, automotive, energy industry brands.
Retail organizations are already facing pressure due to the COVID-19 situation, and frequent attacks are only making them struggle more. Therefore, retail firms are recommended to invest regularly in their existing security solutions and stay informed of any suspicious activities.