How cyber agile is the retail industry?

Discover how retail and FMCG organisations are leveraging cyber security as a platform for growth.

Cyber security as a strategic advantage

Retail businesses are at the sharp end of cyber threats with large volumes of customer data, multiple transactions taking place every second and complex IT environments. Robust cyber security strategies are critical to ensuring threats are held at bay and organisations can unlock sustainable growth.

As part of our Cyber Agile Organisation campaign, we explore the approach that retail and FMCG organisations are taking. What are the top performers doing right, and where do the biggest opportunities for improvement lie?

Download the retail report

The six dimensions of cyber agility

Preparedness

Cyber Agile Organisations follow cyber security regulations, adopt best practices and keep a sharp watch over their IT systems.

Awareness: Understand your cyber risk profile, with strategies and mitigation measures in place to respond to attacks.
Compliance: Adhere to cyber security regulations and adopt voluntary accreditations and standards.
Connectivity: Have visibility of your IT network, plus safeguards to ensure its security.

Cyber Agile Organisations follow cyber security regulations, adopt best practices and keep a sharp watch over their IT systems.

Awareness: Understand your cyber risk profile, with strategies and mitigation measures in place to respond to attacks.
Compliance: Adhere to cyber security regulations and adopt voluntary accreditations and standards.
Connectivity: Have visibility of your IT network, plus safeguards to ensure its security.

Cyber Agile Organisations follow cyber security regulations, adopt best practices and keep a sharp watch over their IT systems.

Awareness: Understand your cyber risk profile, with strategies and mitigation measures in place to respond to attacks.
Compliance: Adhere to cyber security regulations and adopt voluntary accreditations and standards.
Connectivity: Have visibility of your IT network, plus safeguards to ensure its security.

Cyber Agile Organisations follow cyber security regulations, adopt best practices and keep a sharp watch over their IT systems.

Awareness: Understand your cyber risk profile, with strategies and mitigation measures in place to respond to attacks.
Compliance: Adhere to cyber security regulations and adopt voluntary accreditations and standards.
Connectivity: Have visibility of your IT network, plus safeguards to ensure its security.

Performance

Cyber Agile Organisations align cyber security with business goals through mature strategies, skilled talent and innovative approaches.

Strategy: Develop a mature cyber security strategy and align with broader business goals.
Skills: Ensure employees have a strong security skill set with a robust approach to cyber security training.
Innovation: Enable innovation and organisational transformation through cyber agility.

Cyber Agile Organisations align cyber security with business goals through mature strategies, skilled talent and innovative approaches.

Strategy: Develop a mature cyber security strategy and align with broader business goals.
Skills: Ensure employees have a strong security skill set with a robust approach to cyber security training.
Innovation: Enable innovation and organisational transformation through cyber agility.

Cyber Agile Organisations align cyber security with business goals through mature strategies, skilled talent and innovative approaches.

Strategy: Develop a mature cyber security strategy and align with broader business goals.
Skills: Ensure employees have a strong security skill set with a robust approach to cyber security training.
Innovation: Enable innovation and organisational transformation through cyber agility.

Cyber Agile Organisations align cyber security with business goals through mature strategies, skilled talent and innovative approaches.

Strategy: Develop a mature cyber security strategy and align with broader business goals.
Skills: Ensure employees have a strong security skill set with a robust approach to cyber security training.
Innovation: Enable innovation and organisational transformation through cyber agility.

The big picture for the retail industry

30%

of retail businesses say they’re currently experiencing high or very high cyber attack severity.

91%

of retail Cyber Agile Organisations believe their cloud ecosystem is ‘very’ or ‘extremely’ resilient, compared with only 65% of other organisations.

66%

of retail businesses see a secure network as a prerequisite for doing business.

30%

of retail businesses say they’re currently experiencing high or very high cyber attack severity.

91%

of retail Cyber Agile Organisations believe their cloud ecosystem is ‘very’ or ‘extremely’ resilient, compared with only 65% of other organisations.

66%

of retail businesses see a secure network as a prerequisite for doing business.

How cyber agile is the retail industry?

Cyber security as a strategic advantage

The six dimensions of cyber agility

Preparedness

Performance

The big picture for the retail industry

Cyber Agile Organisations

UK Spotlight