The British Retail Consortium (BRC) and Home Office join forces to launch kit to protect retailers and consumers from cyberthreats.
In a first of its kind collaboration with government agencies, the British Retail Consortium released a package of steps that retailers can take to ensure network and data security. The BRC Cybersecurity Toolkit recommends that businesses make cybersecurity a board-level priority, take steps to evaluate their vulnerability to risk and have plans in place to mitigate damage should a breach occur. With both the amount of money consumers spend online and the threats to e-commerce growing rapidly, retailers and government officials alike heralded the release of the toolkit.
"Businesses have a responsibility to take steps to protect themselves and their customers, which is why we are delighted that the BRC has introduced their Cyber Security Toolkit to help retailers to do so," MP Sarah Newton said. "Crime is changing and so the way we all work to tackle it must change too. We are already taking world-leading action to stamp out cyber-crime and fraud, including investing £1.9 billion in cyber-security over five years. But as we have said, the government cannot do this alone."
With the introduction of the General Data Protection Regulation (GDPR) just over a year away, retailers and businesses that touch upon employee or consumer data in the EU are scrambling to make sure their systems and processes are in accordance with the new data standards. The BRC toolkit is another item - along with security checklists and guidance from experts at Netop and other industry leaders - that retailers can use to ensure their preparedness for both the new standards and the latest threats from cybercriminals.