Reducing Threat In Retail

Prageet Pathak & Yashasvi Kalra


Customers are increasingly choosing to pay for retail goods using digital means, especially now during the pandemic when physical touchpoints are discouraged. However, digital money transfer is vulnerable to cyber-attacks on many fronts.

How can retailers protect customer data along all points of the financial transaction? In this paper, you will learn about the major threats to retail transactions, the role of encryption, and how to use various encryption applications to keep data secure during the payment process, while it travels along networks, and when it is stored in a cloud or database.