Cyber security, operational, financial risks priority for UK retailers
Cyber and data security is cited as the biggest risk across the UK retail sector, followed by operational and financial risks, a study by Barclays Corporate Banking and Retail Economics found. Fifty-eight per cent of respondents placed cyber resilience among their top three concerns, while 11 per cent admitted they are unprepared for cyberattacks. Cost control has become a sharper strategic focus.
Cyber and data security is cited as the biggest risk across the UK retail sector, followed by operational and financial risks, a study by Barclays Corporate Banking and Retail Economics found.
Fifty-eight per cent of respondents placed cyber resilience among their top three concerns, while 11 per cent admitted they are unprepared for cyberattacks.
Cost control has become a sharper strategic focus.
