Infoblox announced new research revealing how retailers across the globe invest
more in cybersecurity during the holiday period than at any other time of the
year due to a seasonal increase in social engineering attacks. The research
also found that threats like unpatched security vulnerabilities, insecure IoT
devices, and the online consumers themselves are a risk to retailers this time
of year.
Infoblox commissioned Censuswide to survey 3,000 consumers and
retail IT professionals in the UK, Germany, Benelux and the U.S. on their
experiences and attitudes towards online data privacy and security while online
shopping during the holidays. Sixty two percent of UK and German
retailers claim to increase cybersecurity measures during the holiday season,
with a third in each region citing a rise in social engineering attacks (35
percent in US, 34 percent in UK, 30 percent in Germany), aside from the
Netherlands where social engineering attacks dominated for just over a quarter
of businesses - though this was still the most common attack vector.
Other kinds of attacks include:
- Social media scams - 19 percent in
US, 15 percent in UK, 14 percent in the Netherlands, 12 percent in Germany
- DDoS attacks - 20 percent in the
Netherlands, 17 percent in Germany, 12 percent in UK, 7 percent in US
- Ransomware - 12 percent in US, 11
percent in Germany, 10 percent in UK, 9 percent in the Netherlands
44 percent
of US-based IT decision makers in retail say implementing new technology
makes them more concerned, yet 44 percent of retailers plan to implement
IoT devices like Amazon Alexa and Google Home in stores within the next 12 months.
Within the UK, artificial intelligence (43%) leads as the technology most
likely to be implemented within the next year, followed by IoT devices (35%),
fourth screen technology (24%), Omnichannel technology (23%), and augmented
reality (17%). Similar to the US, the majority of IT decision makers within the
UK say they're concerned about new technologies, a stark contrast from those
within the Netherlands where only 20 percent are concerned.
While
the majority of global consumers shop online to some degree,17 percent of
shoppers do nothing to protect their data while shopping online. The UK is the
most complacent with just one in five taking no proactive action to protect
their data. On the other hand, German consumers are more cautious when shopping
online - with more than half of (53%) consumers only shopping on secured WiFi
networks, and 62 percent of companies reporting implementing extra protection
for consumers.
In
order to prevent unwanted network activity and vulnerabilities during peak
online shopping seasons, retailers need to gain complete visibility into their
network. Intelligent DNS security solutions can help detect vulnerabilities by
identifying unusual and potentially malicious network activity and provide
deeper control at the infrastructure level. In order to stop sophisticated
attacks like phishing, social media scams and social engineering, retailers
need monitoring solutions that leverage colleges and universities need network
leverage machine learning and artificial intelligence to identify common
malicious actors and prevent future attacks.
Infoblox has been able to
provide next level networking capabilities needed for retailers to combat
malicious activity. Visit the retail customers page to see how retailers like
Walmart, eBay and Best Buy and more leverage network security and threat
intelligence from Infoblox.