Retail Cyber-Attacks Are Down – But Severity Is Up

Safety concept: circuit board with Closed Padlock2014 saw a 50% decline in the number of cyber-attacks on U.S. retailers. But don’t start cheering yet –attackers still got away with 61 million records.

IBM released a report indicating that while the number of attacks may be on the decline, the attacks themselves are becoming more sophisticated and effective, which isn’t what any security professional wants to hear.

The majority of incidents targeting the retail sector involved Command Injection or SQL injection. Over 2014 this method was used in nearly 6,000 attacks on retailers. There was also a rise in the number of point of sale (POS) malware attacks.

But surprisingly, cyber-attacks were down during the biggest retail days of the year, Black Friday and Cyber Monday. In 2013, there were more than 20 breaches disclosed that caused the number of records compromised to reach close to 4 million. But over the same period in 2014, 10 breaches were disclosed, resulting in just over 72,000 compromised records.

Click here to read the full report.

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