UK retail IT and security leaders are facing a critical challenge: despite increased cybersecurity budgets, many feel less secure than ever. 65% report their concerns over cyber risks, with malware, ransomware, and phishing attacks topping the list.
While 95% of retailers increased security spending in the past year, 40% feel less secure and lack confidence that current investments will mitigate the growing risks. This disconnect highlights a crucial need to optimise security strategies.
- 95% of retailers increased their security spend
- 40% feel less secure and lack confidence
Key vulnerabilities include:
- Data control: 60% cite a lack of data access and control as a major risk.
- Inconsistent security: 50% struggle to enforce consistent policies across IT environments.
- Expanding attack surface: 40% find it increasingly difficult to manage their growing attack surface.
Adding to these challenges, 80% of IT leaders report an increase in the severity of cyberattacks, and 70% believe Generative AI will further complicate the threat landscape.
Make sure your organisation is protected and think about:
- Strategic investment: Focus on solutions that address specific vulnerabilities and maximise ROI.
- Data-centric security: Implement robust access controls and data governance measures.
- Unified security policies: Ensure consistent security across all environments.
- Proactive threat management: Adopt advanced threat detection and response capabilities.
By taking these steps, you maximise your investment and build confidence in securing a foundation for future success. To help you get started, we’re offering a free Public Attack Surface Report (PASR) assessment.
You can view an example PASR here or contact us if you’d like to discuss your options with a friendly security expert.
