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Retail Lags on Security, Says Study

Only 18% of retail IT security professionals expressed concerned that point of sale devices were being targeted by cyber criminals, and only 20% were “confident” that point of sale devices were securely configured, according to a study by Tripwire examining the impact of emerging enterprise security threats connected with the Internet of Things (IoT) in the retail industry. The study also revealed that 35% of retail IT professionals have inadequate visibility into the security of common devices already on their networks such as routers, switches, modems and firewalls, and 51% don't believe they can effectively communicate the security risks associated with IoT devices to the c-suite and corporate board. The study, conducted by Atomic Wire, also revealed that 34% of retail executives were “not confident” all the devices on their networks were authorized. By comparison, only 18% of financial services respondents and 20% of energy sector respondents expressed the same doubts.

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