It’s not uncommon for business owners to treat cyber and physical crime as two distinct risk factors, with separate policies, protocols, and technologies implemented to protect against each. In modern business, however, physical and cyber security has perhaps never been so intrinsically connected.
This statement can be illustrated clearly in the retail sector, where increasingly stores of all sizes are bolstering installed security systems to protect against rising crime rates. According to the National Retail Federation, retail businesses
Whilst the installation and operation of monitored security systems,
As more security features rely on the internet to communicate, the potential for cyber exploits increases, though this isn't the only reason retail stores are more vulnerable than ever to cybercrime.
When e-commerce meets physical sales
In recent years, e-commerce sales have risen by
Whilst many business owners may believe that their physical premises and web stores operate as almost separate entities, it’s likely that both arms of the business are linked via a centralized IT system. Though log-ins and pages may be unique, any communication will be spotted by hackers.
If e-commerce systems are logged into using on-premises computers, customer details are tracked, or listings are created from the same platform, cybercriminals will have ample opportunity to breach active IT systems. If physical security devices are linked, the whole system could be compromised.
Convenience vs vulnerability – managing the Internet of Things
Modern technology has been shown to improve productivity across many sectors from manufacturing to sales, with physical stores benefiting greatly from increased efficiency in stock checking, inventory management, ordering, and even security, though poorly managed
Stores operating IoT security features such as cameras, alarm systems, and
Whether IoT devices and wider security systems are operated via on-premises or cloud-based servers, any unencrypted communications can represent opportunities for hackers to take control, potentially gifting cybercriminals full control over a business’ physical and
Complacency and human error
According to Verizon’s 2022 Data Breach Investigation Report,
Though modern cyber-attacks are more sophisticated than ever, criminals will always look for the quickest route to success, which is why simple scams like
Similarly, staff downloading and operating software applications on store devices not approved by IT staff can contribute to increased cyber security risks. Known as
Overlooking best practices
In retail settings it’s common for staff to prioritize speed and efficiency over rules and procedures, and whilst there’s certainly merit in offering fast and effective customer service, this should never come at the cost of overlooking best practices. As security,
Staff at all levels of the business should be made aware of the interconnected nature of modern technology; for example, leaving one customer-facing device logged into a business account could easily lead to wider security systems becoming compromised. This is why staff training is essential.
No matter the extent of
Summary
The adoption and integration of modern security technology can be something of a double-edged sword for retail stores; on the one hand, it’s impossible to ignore the vast improvements integrated systems can bring to wider security policies, management, customer service, and productivity, though on the other mismanagement and complacency can quickly lead to issues.
Retail business owners shouldn’t avoid modern technology; however, instead managers, IT, and security staff should invest their efforts in developing well-documented plans, protocols, and thorough staff training procedures to ensure that all team members fully understand what they can do to prevent data breaches and protect businesses from cybercriminals.
Lead image source.