November 17, 2023 at 05:08PM
Retail businesses should prioritize assessing their cybersecurity readiness ahead of the busy holiday season, according to CompTIA. With online spending projected to reach $37 billion over Thanksgiving, Black Friday, and Cyber Monday, companies need to implement proactive measures. This includes installing security updates, monitoring networks, having a plan in place for data breaches, and providing cybersecurity training to employees. Failing to take these precautions could result in severe consequences, especially for small businesses. CompTIA is a leading nonprofit association for the technology industry and workforce.
Key Takeaways from Meeting Notes:
– Retail businesses are advised to assess their cybersecurity readiness ahead of Black Friday and Cyber Monday.
– Proactive steps to protect assets are easier than dealing with the aftermath of a security breach.
– Online spending in the U.S. is projected to exceed $37 billion over Thanksgiving, Black Friday, and Cyber Monday.
– Best cybersecurity practices should be followed, including installing all the latest security patches and software updates.
– Businesses should take inventory of their networks and remove any unauthorized devices.
– Having a plan in place for data breaches or disruptive events is crucial.
– Training employees in cybersecurity basics is essential for preventing data breaches.
– Retailers are hiring cybersecurity professionals, and smaller businesses often rely on managed service providers.
– The aftershocks of a data breach can have severe impacts on organizations, with the cost of mitigating a cyber incident averaging $1 million.
– CompTIA is a leading nonprofit association for the technology industry, providing certification and training in IT.