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Retail Industry Steps up Fight against Cyber Threats

Retail Industry Steps up Fight against Cyber Threats

The British Retail Consortium (BRC) has published guidelines to help retailers manage cybersecurity threats.

The toolkit aims to provide retailers with practical guidance to ensure they have the appropriate measures in place.The online market has seen annual sales growth of 10% to 15% in recent years, but at the same time cyber attacks against retailers and shoppers have increased.

The BRC said the toolkit is aimed at helping retailers to keep pace with the evolving risks associated with operating online and to ensure customers’ personal data is protected. It will provide a guide to preparing, responding, recovering and reviewing attacks.

The guidelines were developed by the BRC’s Fraud and Cybersecurity Member Group with input from formal and informal consultation.

Policy advisor on crime and security at BRC, Hugo Rosemont, said the UK is one of the leading eCommerce markets in the world.

He said: “The BRC Cyber Security Toolkit is designed to equip British retailers with the know-how, guidance and practical support that will help the industry stay ahead of the ever-evolving threats posed by cyber-related criminality.

“All parts of the retail industry have a large and growing stake in keeping customers safe and secure, and the industry is committed to ensuring the strongest possible measures are in place – all the way through from prevention to incident response.”

Technical director at the National Cybersecurity Centre, Ian Levy, said the retail sector is vital to the UK’s economic well-being and both the sector and its supply chain are increasingly reliant on online safety and security.

He said: “The NCSC is delighted to be working with the BRC in finding innovative ways to make the UK a safe place for citizens, e-commerce, small businesses and large chains to do retail business online.

“We are committed to giving individuals and businesses of all sizes confidence to deliver success in our increasingly digitalised economy, and were pleased to support the development of this toolkit.”

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