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Retail Business Review | Wednesday, January 19, 2022
Retailers are confronting the urge to ensure that their security tools are working well; therefore, they should understand the impending security risks.
FREMONT, CA: No less will be the impact of security issues in 2022 with the rapidly changing and evolving retail technologies. The threat landscape expands with technology's improvement in volume and complexity.
Unfortunately, security is not yet emphasized by the manufacturers of smart products, which will occur in high breach levels. Here are some important retail security risks that will impact the future.
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Rise of Embedded Video in Connected Devices
The video cameras in IoT-connected devices like video doorbells and embedded cameras in
smart speakers are expected to be the next significant threat to the network as they hold richer information sets. They have enormous data, which turns an interesting target for hackers. Besides, the explosion of smart devices in 2022 widens attack surfaces.
Smarter stores result in a lack of hostility.
A significant driver of retailer network security is smarter stores, which utilize in-store innovation and networking through digital displays, electronic shelf labeling, and more to enhance the customer experience in-store. Retailers believe in assets having an incredibly long lifetime.
Therefore, the point-of-sale systems are a significant investment made in the last years. This mentality may create friction between legacy technology and the push for smarter stores, and security investments are likely to fail.
This dispute in attitude is followed by lower footfall as more consumers prefer online shopping, which will be an issue for retailers trying to enhance the in-store customer experience in 2022.
Beware of the unlocked front door.
Retailers should engage in threat hunting as it is a meaningful way to help one get the most out of their existing systems and identify vulnerable areas.
Also, carefully analyzing how one share and enrich threat data and context across many technologies and how this data informs other security tools is also a crucial factor. For instance, if there are multiple security tools, they can work better if they are integrated and share data.
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