The 2023 Trustwave Retail Sector Threat Landscape highlights how retail’s high transaction volume and customer data make it a lucrative target for cybercriminals. The sector faces $4.3M average breach costs, with phishing driving 41% of initial intrusions and ransomware from groups like LockBit and Clop being dominant. Web application attacks, POS malware, and gift card fraud also pose major risks. Retailers struggle with seasonal staff, third-party supply chains, and franchise inconsistencies, creating uneven defenses. Infostealers and credential theft are rising, while social media fraud and fake online stores expand attack vectors. Trustwave stresses MFA, Zero Trust, monitoring, patching, and staff awareness to reduce risks.

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