Survey: assessment of Retailer security and the approaches used to safeguard Retailer transactional systems.
The increased sharing of
information among more and more types of devices and the need to be able to
share information wirelessly within the store raises progressively the risk of
fraud and compromising.
This afternoon, Connectikpeople has received a
report sponsored conjointly by McAfee and IHL Group, a global research and advisory firm specializing in technologies for the
retail and
hospitality industries. The goal of this survey was to assess retailer security and the approaches used to safeguard retailer transactional systems.
hospitality industries. The goal of this survey was to assess retailer security and the approaches used to safeguard retailer transactional systems.
Connectikpeople has discovered
that, according to this report, without adequate controls to manage store
systems and the increase in number and variety of devices, retailers can expect
security costs to continue to increase rapidly.
Some key findings from this survey include:
- While IT is constantly evolving, security must evolve, and often times much more rapidly than the devices they are tasked with protecting. The ability to tightly manage the enterprise is a big driver in managing security and controlling costs
- Security confidence can be closely tied to the device variability within the store, increasing the number of devices is a key driver around introducing significant complication around the ability to secure the store environment
- In the category of retailers that have more than $1 billion in revenue, there is an equal split amongst retailers using a whitelisting approach as compared to antivirus
The study also revealed that retailers have a good understanding about PCI
compliance, but they struggle when the amount and variety of store systems
increase to provide the proper security and compliance management. On average
only 22 percent trust the manufacturer to provide security.
In the same report, we can learn that, whitelisting is growing in awareness
with 31% of the respondents including this in their security strategy for POS
systems.
About IHL Group
IHL Group is a global research and advisory firm for technologies deployed
in the retail and hospitality industries. With our core research and data
services we are the world leader in tracking who uses what systems in retail
technology, especially those systems used within the store. We are able to help
retailers and restaurants evaluate those technologies that are working and
those that are not before they spend the money on costly systems. With
researchers around the world, we also provide market analysis and opportunity
assessment for technology vendors. Retailers use our services for solution
research, contract negotiations, and competitive intelligence. Vendors use our
services for market opportunity and partnerships.
About McAfee
McAfee, a wholly owned subsidiary of Intel Corporation (NASDAQ:INTC),
empowers businesses, the public sector, and home users to safely experience the
benefits of the Internet. The company delivers proactive and proven security
solutions and services for systems, networks, and mobile devices around the
world. With its Security Connected strategy, innovative approach to
hardware-enhanced security, and unique Global Threat Intelligence network,
McAfee is relentlessly focused on keeping its customers safe.
