Tag: cyber crime

susceptibility of retail

Susceptibility of Retail and Hospitality to Data Breach

Are retail and hospitality companies susceptible to data breach? In a word: highly. Of the hundreds of major data breaches investigated in 2016 by security provider Trustwave, 23% were in the retail industry and 14% in hospitality – a significantly higher volume of cases than other industries including finance & insurance (8%) and professional services (4%). From a cyber-criminal’s perspective, retailers and hospitality providers are a lucrative source of personal data, customer identities and business account access. Every time a product is sold, a hotel guest checks in or a new employee is hired, new data records are created – from employee IDs

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