Cybersecurity Software in Retail and Consumer Goods

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Cyber security in the Retail Consumer industry
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CPGR Industry
Cybersecurity Software in Retail and Consumer
Goods in 2022
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Importance Of Cyber Security
Companies that deal with Consumers,
Retailers, Wholesalers, and Consumer product
companies directly should take proper
precautions to mitigate cyber risk while
undergoing digital transformation. Credit card
fraud and identity theft are two common
cybercrimes that can significantly damage
customer trust and brand reputation
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Importance Of Cyber Security
Retailers face a majority of their cybersecurity
challenges due to the advent of social media,
omnichannel shopping, and emerging payment
technologies. They need to address several
cybersecurity and data privacy factors such as
the safety of websites, apps, stored financial
and personal data, and in-store devices like
kiosks and POS terminals.
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Benefits of Cybersecurity in Retail Sector
Encryption of stored data Prompts for passwords
while accessing accounts Clear and transparent
data privacy policy Robust control over stored
customer data Anti-malware tools at stores and on
online shopping servers PIN and chip cards
instead of swipe or sign cards in stores Dual
identification through mobile devices and
fingerprint/iris scanners at stores Fingerprint-b
ased authentication on websites/apps
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The CPGR industry is currently enhancing their
cybersecurity program
Artificial intelligence (46) Blockchain
technology (43) Behavioral analytics (33)
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360Quadrants Comparing 23 vendors in CPGR
industry Cybersecurity Software across 132
criteria.
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IBM, Cisco, HPE, and Trend Mirco have been
identified as visionary leaders as they have
established product portfolios and a robust
market presence and business strategy.
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Check Point Software, Dell, Palo Alto Networks,
and Sophos have been identified as innovators as
these vendors have a very focused product
portfolio.
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F-Secure has been identified as an Emerging
Company. They do not have very strong business
strategies as compared to other established
vendors.
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Dynamic Differentiators are established vendors
with very strong business strategies. Cyberark
is recognized as a dynamic differentiator.
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We track over 15,000 software across 1200
categories
Learn more _at_ www.360quadrants.com/software/cyberse
curity-software/retail- and-consumer-goods-indust
ry
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