View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Cybersecurity
December 11, 2014

72% of UK retailers don’t do data encryption

Yet 87% feel pretty good about cybersecurity practices.

By Jimmy Nicholls

Three-quarters of British retailers have not implemented basic encryption to safeguard business and customer data, according to security vendor Sophos.

In spite of this, almost 90% are confident that they have adequate security in place, showing a schism between perceptions and practice in the industry regarding cybersecurity levels.

James Lyne, global head of research at Sophos, said: "We’re now in the midst of the busiest time of the year for the retailers, so shops must ensure they have appropriate measures in place to prevent cyber crime."

"As recent data breaches show , it is critical that retailers protect customer data both from exposure in the public domain and from being quietly used in the background."

77% of retailers are mostly reliant on firewalls to protect their business, with a third primarily using antivirus software of the sort security firm Symantec said would stop less than half of threats earlier this year.

Two-thirds even admitted they had no network protection beyond a firewall, and a mere 2% said they had a comprehensive system in place, capable of detecting and resolving more advanced attacks.

"For an industry responsible for holding and safeguarding so much sensitive customer data, it’s worrying to see the level of over confidence and lack of awareness surrounding cyber security," Lyne added.

Content from our partners
Unlocking growth through hybrid cloud: 5 key takeaways
How businesses can safeguard themselves on the cyber frontline
How hackers’ tactics are evolving in an increasingly complex landscape

"What amazes me is how often the breaches are the result of incredibly simple failures of policy, training or technology and not the result of cybercriminals being particularly clever."

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU