Retail cybersecurity report – VMware Carbon Black release

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VMware Carbon Black has released findings from its most recent retail cybersecurity report. ‘Tis the season for cyberattacks, particularly when it comes to the retail industry and unfortunately, this heightened risk isn’t going away anytime soon.

The key findings of the report are as follows:

  • Attempted cyberattacks against retail organisations increased by 20% last  holiday shopping season  and we expect this holiday season to be similar
  • 73% of surveyed retail organisations said they’ve seen an increase in cyberattackers’ sophistication over the past year
  • 40% of surveyed retail organisations said they’ve lost revenue as a result of a cyberattack in 2019
  • Two-thirds (66%) of surveyed retail organisations said they’ve experienced a ransomware attack over the past year
  • Kryptik, Emotet and Obfuse were the most prevalent malware families targeting the retail sector over the past year. Of note, Emotet could be found in about 1 out of 5 retail organisations in 2019
  • 33% of surveyed retail organizations said they’ve encountered an island-hopping attack in 2019
  • More than half (53%) of surveyed retail organisations said they plan on increasing cybersecurity staff in 2020. 40% said they plan to increase security budget by at least 10% in 2020
  • 33% of surveyed retail organizations currently have a threat hunting team
  • The dark web currently has listings for retail-related information including: credit-card skimming guides, counterfeit credit cards, financial-specific malware, and access to specific bank accounts via stolen credentials

You can also find the full report here.

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