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Retail industries sell consumer products and services to clients through multiple channels. The retail industry vertical is one of the largest industry verticals across the globe. It includes a large number of entities, such as online and offline retailers, manufacturers, distribution channels, and consumers.<br>Know More: https://www.360quadrants.com/software/cybersecurity-software/retail-and-consumer-goods-industry
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www.360quadrants.com Cyber security in the Retail & Consumer industry CPG&R Industry Cybersecurity Software in Retail and Consumer Goods in 2022
Importance Of Cyber Security Companies that deal with Consumers, Retailers, Wholesalers, and Consumer product companies directly should take proper precautions to mitigate cyber risk while undergoing digital transformation. Credit card fraud and identity theft are two common cybercrimes that can significantly damage customer trust and brand reputation www.360quadrants.com
Importance Of Cyber Security Retailers face a majority of their cybersecurity challenges due to the advent of social media, omnichannel shopping, and emerging payment technologies. They need to address several cybersecurity and data privacy factors such as the safety of websites, apps, stored financial and personal data, and in-store devices like kiosks and POS terminals. www.360quadrants.com
Benefits of Cybersecurity in Retail Sector Encryption of stored data Prompts for passwords while accessing accounts Clear and transparent data privacy policy Robust control over stored customer data Anti-malware tools at stores and on online shopping servers PIN and chip cards instead of swipe or sign cards in stores Dual identification through mobile devices and fingerprint/iris scanners at stores Fingerprint-based authentication on websites/apps www.360quadrants.com
The CPG&R industry is currently enhancing their cybersecurity program Artificial intelligence (46%) Blockchain technology (43%) Behavioral analytics (33%) www.360quadrants.com
360Quadrants Comparing 23 vendors in Cybersecurity Software across 132 criteria. CPG&R industry www.360quadrants.com
IBM, Cisco, HPE, and Trend Mirco have been identified as visionary leaders as they have established product portfolios and a robust market presence and business strategy. www.360quadrants.com
Check Point Software, Dell, Palo Alto Networks, and Sophos have been identified as innovators as these vendors have a very focused product portfolio. www.360quadrants.com
F-Secure has been identified as an Emerging Company. They do not have very strong business strategies as compared to other established vendors. www.360quadrants.com
Dynamic Differentiators are established vendors with very strong business strategies. Cyberark is recognized as a dynamic differentiator. www.360quadrants.com
We track over 15,000+ software across 1200+ categories Learn more @ www.360quadrants.com/software/cybersecurity-software/retail- and-consumer-goods-industry www.360quadrants.com