Kaspersky Lab IT Security Economics Report reveals that 77% of companies have been hit by some type of cyber-attack during the past year. The paper also states that the situation got dramatically worse during the holiday season, especially during the Christmas sale period.
Further, the report explains that during this period more people shop online and at stores than usual. This provokes cybercriminals to attack stores as their revenue increases, and so the number of attacks against POS systems and DDoS attacks increases.
“The holiday season boosts sales for retailers, but also makes retailer revenues an attractive target for cybercriminals to stage successful DDoS attacks against them for a ransom, use POS systems as an entry point for targeted attacks, or steal customer credentials and money,” the report stated.
Finally, the report offers some recommendations for retailers in order not to fall victim to cyber-attacks. For example, including keeping e-commerce platforms always up-to-date as every new update may contain critical patches to make the system less vulnerable to cybercriminals, using a solution to protect POS terminals from malicious attacks, security awareness training of the staff, and others.