Recent cyber attacks on UK firms like Marks and Spencer and Co-op highlight a growing vulnerability in data-heavy sectors, particularly retail. These companies, often with outdated security systems, collect extensive personal information, making them prime targets for cyber criminals. Experts emphasize that current defense strategies need to shift focus from just preventing access to safeguarding sensitive data. As attackers increasingly extract valuable information, the lack of investment in cybersecurity presents significant risks, indicating that these incidents are just a precursor to more serious challenges ahead in the digital landscape.
Retailers collect and process millions of personal records like names, addresses, payment details, shopping habits, making them a lucrative target for cyber criminals.
Today's attackers aren't just locking systems, they're extracting data. If we focus only on keeping them out, we're missing the point.
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