How To Help Your Retail Clients Deliver a Secure Customer Experience

Retail networks have become more complex and include multi-cloud infrastructure and deployment of IoT devices over multiple locations. That increases complexity -- and vulnerability.

  • September 20, 2022 | Author: Allison Bergamo
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Your retail customers are gearing up for a busy holiday shopping season. Cyber Monday remains the biggest shopping day of the year, with consumers spending $10.7 billion that day in 20211. From November 1-29, 2021, consumers spent $109.8 billion online, up 11.9 percent compared to 2020.Faced with acute cybersecurity staffing shortages, the proliferation of point security products, and an advanced threat landscape, retailers struggle to cover all their security gaps while delivering secure, omnichannel experiences that their customers expect. As a security solutions advisor, it’s up to you to ensure your customers have a strong security posture against cyber criminals who generate huge payloads from accessing customer data.

Fortinet’s approach to cybersecurity

When customers open their wallets, their payment card data is transmitted across the network and stored on-premises and in public and private clouds—which cybercriminals are eagerly waiting to access. Fortinet’s research shows that 87 percent of retail organizations have suffered an intrusion.3 Additionally, analysis by FortiGuard Labs shows that up to 40 percent of new malware detected on a given day is zero-day or previously unknown4. Give your customers a leg up on cybercriminals with FortiGuard Lab’s AI- and ML-generated threat intelligence and Fortinet Security Fabric.

The Fortinet Security Fabric empowers retailers to address their security challenges by leveraging seamless integration of all security aspects while unlocking automation of workflows and threat intelligence. Additionally, prebuilt Fabric Connectors give retailers the ability to integrate third-party Fabric Partner solutions, while the open application programming interface (API) architecture of the Security Fabric allows retailers to add other security solutions quickly and easily.

Advanced threat detection

With deep integration within the Fortinet Security Fabric that offers broad coverage across the entire retail attack surface and artificial intelligence (AI)- driven threat intelligence from FortiGuard Labs, Fortinet breaks down silos in the cloud and on-premises, from headquarters to the remote and branch locations. This provides retailers with visibility and real-time security workflows and threat-intelligence sharing. This level of integration also unlocks automation that enables lean network and security teams to work faster and more efficiently while reducing risk—all at a low total cost of ownership (TCO). 

FortiGuard Labs extracts threat intelligence from over 100 billion security events daily.5  Its AI- and ML-generated threat intelligence is shared via the Fortinet Security Fabric in real-time, informing point security products of the latest threats. FortiSandbox and FortiIsolator protect the network against potential threats by analyzing external content in an isolated environment before it enters the network. With FortiInsight and FortiDeceptor, retailers can detect internal threats based upon user and entity behavior analytics (UEBA) and use of false targets designed to tempt attackers.

Retail networks have become more complex and include multi-cloud infrastructure and deployment of IoT devices over multiple locations. Fortinet solutions, linked by the Fortinet Security Fabric, can ensure that retailers have the centralized visibility and control that they require to protect their networks against evolving threats.

Learn how Fortinet cybersecurity solutions can protect your retail customers against advanced threats while delivering a modern, omnichannel customer experience.

 

 

Sources:

1.     Adobe: Consumers spent $10.7 billion on Cyber Monday, $109.8 billion so far this holiday season

2.     Adobe: Consumers spent $10.7 billion on Cyber Monday, $109.8 billion so far this holiday season

3.     “FortiGuard Security Services,” Fortinet, October 2019

4.     “FortiGuard Security Services,” Fortinet, October 2019

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