The 2023 Trustwave Retail Threat Landscape report shows retail remains a top target due to e-commerce growth, omnichannel operations, and gift card prevalence. Breach costs average $2.9M, with LockBit behind 34% of ransomware incidents and the US experiencing 57% of breaches. Threat actors like 8BASE, Bian Lian, BlackCat/ALPHV, Clop, Play, RansomedVC, and Royal exploit phishing, email-borne malware, vulnerabilities, and credential theft. Retailers also face consumer-based fraud, bot attacks, and scams. Seasonality, franchise models, and third-party risks widen exposure. Emerging trends include AI-driven threats and automated bot campaigns, requiring layered defenses, Zero Trust, and vendor oversight.

Join for free to read