Phishing emerges as top cyber threat among retailers, says Kaspersky

The study also highlighted that human actions were the internal factors that increased the likelihood of successful cyberattacks.

Phishing emerges as top cyber threat among retailers, says Kaspersky

A global study conducted by cybersecurity firm Kaspersky found that 87% of retailers faced cyber incidents over the past 12 months, with phishing emerging as the most prevalent threat (21%).

Other social engineering attacks reported included deepfakes (13%), invoice or payment fraud (13%), business email compromise (9%), and vishing or voice phishing (8%).

For retailers in the Asia-Pacific (APAC) region, the most common consequences of these attacks were the theft of employees’ personal data (44%), theft of clients’ personal data (39%), theft of sensitive credentials or legal documents (33%), and irrecoverable data loss (33%).

The study also highlighted that human actions were the internal factors that increased the likelihood of successful cyberattacks.

In APAC, a lack of IT security awareness was cited as the top risk factor (46%), followed by insufficient expertise among IT security staff (31%) and outdated software or hardware (31%).

Regarding risky digital workplace behaviours in APAC caused by a lack of security awareness, half of the respondents (50%) reported that employees shared sensitive corporate credentials with colleagues or third parties.

Other risky digital workplace behaviours include downloading and installing software tools without IT approval (46%), using personal devices for workplace activities (38%), irresponsible password habits (38%) and connecting company devices to public WiFi without a secure connection (38%).

Source: www.thestar.com.my

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