Retailers must focus on the growing cyberthreat landscape. Issue 2 (February 2017)

• Record Type: Journal Article
• Authors: Schenk, Gert-Jan
• Is Part Of: Network security. Volume 2017:Issue 2(2017:Feb.)
• Page Start: 12
• Page End: 13
• Publication Date: 2017-02
• Subjects: Computer security -- Periodicals; Computer networks -- Security measures -- Periodicals; Electronic data processing departments -- Security measures -- Periodicals; Computers -- Access control -- Periodicals; 005.805
• DOI: 10.1016/S1353-4858(17)30017-X
• Languages: English
• ISSNs: 1353-4858

Abstract

Abstract : High street retailer Next recently announced a fall in sales over the pre-Christmas period, revealing that profits for 2016 will be £792m, which is at the lower end of its original forecasts. It added that this figure could fall by £7m "depending on trade in January", highlighting just how important the New Year shopping sales can be to a retailer's overall profits. Whether it is online or instore, Brits flock to bag themselves the best post-Christmas clearance deals in January. But there's a problem – retailers often overlook the additional security that is needed to supplement this increased interest in spending.