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Retail Security: Cyber Tech Fuels Cybercrime

The statistics are nothing short of stunning. Ponemon’s 2015 Advanced Threats in Retail Companies study reveals that on average, retail organizations battle at least eight cyber attacks per year, 74 percent of them advanced threats and 50 percent DDoS (distributed denial of service) attacks.

What’s more, it takes retailers an average of 197 days to detect advanced threats, defined as cyber attacks designed to evade technical and process countermeasures such as firewalls, intrusion detection systems, and anti-malware programs.

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