The digital environment offers many opportunities for business and online retailers. Additional revenue of course, but it’s also about creating jobs; the growth and development of customer sets; and new ways of marketing their brands. But along with those opportunities come new vulnerabilities, which can have punitive financial and reputational fines.
It’s well known that the majority of successful cyber attacks are not that sophisticated in technology or expertise. They are often low-cost and easy to deploy for the attacker. But nevertheless, they can do serious damage to the victim – whether retailer or consumer. If we want to keep our fantastic digitalised economy, we need to recognise that it relies upon a secure digital space.
Whether you own an online shop or not you must protect your business. Following the basic steps will keep your company aware and ready to mitigate any unwanted situation: PREVENT > PREPARE > RESPOND > RECOVER > REVIEW