In episode 43 of Retail Checks and Balances, Kevin Spencer delves into the critical and alarming issue of ransomware in the retail sector. He discusses the widespread impact of cybercrime on businesses of all sizes, from major brands to local shops, emphasizing that ransomware is not just a concern for Fortune 500 companies.

Tune in to learn more about safeguarding your retail operations in an increasingly digital landscape.

TIMESTAMPS

00:00:00 - Introduction to Retail Checks and Balances

00:01:50 - What is Ransomware?

00:02:34 - Why Retailers Are Prime Targets

00:03:54 - How Ransomware Attacks Happen

00:04:39 - Protecting Your Business

00:05:57 - Importance of Cybersecurity for Small Retailers

00:06:51 - The Evolving Nature of Ransomware

00:07:14 - Personal Cybersecurity Measures

00:07:47 - Final Thoughts and Recommendations

QUOTES

• “You have to do some employee training to protect your business, make cybersecurity awareness part of onboarding and ongoing training for everybody in the organization.”
• "Retailers often think they're too small to be a target, but that's exactly what makes them vulnerable."

SOCIAL MEDIA LINKS

Kevin Spencer

Instagram: https://www.instagram.com/kspencer007/

LinkedIn: https://www.linkedin.com/in/kevinspencer007/

WEBSITE

Rod Plus Solutions: https://rodplussolutions.com/