Cashing In: How Hackers Target Retailers with Phishing Attacks

Cybercriminals will always follow the money. During peak shopping periods, retailers need to protect their people from a spike in phishing attacks.

Why you should read:

• Retailers have always been a lucrative target for cybercriminals and their phishing scams — even more so during peak shopping times.
• During the coronavirus lockdown, for example, global payments systems provider ACI Worldwide found that online sales for retailers dramatically increased. And while they saw an increase in online sales, they also saw a spike in fraudulent activity and Covid-19 phishing scams.
• We see a similar trend around retailers’ busiest shopping period of the year – Black Friday.

What’s more, IT decision makers are worried about their brands being impersonated and used in phishing attacks to target consumers in the run up to Christmas. But despite these concerns, a third of these retailers surveyed do not have email authentication records in place. In this report, find out why phishing is a problem when consumer shopping spikes, learn more about the scale of the threat, and discover who are the riskiest employees.