Retail is Unprepared for Social Engineering

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The latest data from SecurityScorecard shows the retail industry’s security stance is at an all-time low, and is particularly susceptible to social engineering attacks.

The retail industry is one of a few a primary targets for cybercriminals – they rank fourth (behind financial, healthcare, and government), according to a Carbon Black report. Credit card data is accessible using RAM scrapers (the number 2 data breach method used according to the 2018 Verizon Data Breach Investigations Report).

More importantly, users at store locations can be easily phished or vished via social engineering tactics. Cybercriminals pose as a member of IT or management to take advantage of store employee’s willingness to comply with a call from “corporate”. The reason an emphasis needs to be put on social engineering is that malware (like RAM scrapers) can’t get installed without first tricking the user.

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About KnowBe4
KnowBe4, the provider of the world’s most popular integrated new school security awareness training and simulated phishing platform, is used by more than 9,500 organizations worldwide. Founded by data and IT security expert Stu Sjouwerman, KnowBe4 helps organizations address the human element of security by raising awareness of ransomware, CEO Fraud and other social engineering tactics through a new school approach to security awareness training. Kevin Mitnick, internationally recognized computer security expert and KnowBe4’s Chief Hacking Officer, helped design KnowBe4’s trainings based on his well-documented social engineering tactics. Thousands of organizations trust KnowBe4 to mobilize their end-users as the last line of corporate IT defense.

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