Security in Retail
Many small businesses don’t have the means for as many resources as larger retailers. In 2012, retailers made up 45% of data breaches. While many small businesses assume this isn’t their fault, 95% of credit card data breaches happen to small business consumers. I recently came across an excellent infographic that raises awareness on the vulnerability of smaller retailers.
Some highlights include:
- 64% of all affected business took over 90 days to detect a security breach
- 50% of all business users are still using easily guessed passowords, such as Password1
- 60% of business failures are a direct result of internal theft
- 34% of 18-29 year old employees believe its justifiable to steal from their employer