Retail Resilience: On Cybersecurity and Recovery

Cyberattacks on the retail sector are on the rise and the costs are adding up for Canadian retailers. According to the Retail Council of Canada, the average cost of a data breach for a Canadian retailer is $5.64 million–more than $1 million higher than the global average. But these attacks affect customers and employees, too. Exposing personal identifiable information, phishing, ransomware, and other cybercrimes leave people vulnerable to fraud and theft. In this episode, cybersecurity expert, Ashif Samnani joins us as we discuss the importance and nuances of cybersecurity and security incident recovery in retail.