USA’s National Cybersecurity Centre of Excellence is hosting an event for the retailers worldwide to address the critical issue of cybersecurity. At the event, the retailers will be represented by Tom Litchford, who is the Vice President of Retail Technology at National Retail Federation (NRF). Tom will discuss the topic, Cybersecurity in Retail: Trends and Challenges with Point of Sale and Payment Technologies, and the event will take place at the National Institute of Standards and Technology, which is a federal agency within the U.S. Department of Commerce. The event is touted to be highly beneficial for apparel retailers across the world in tackling cybersecurity issues.
Also Read – National Retail Federation supports efforts on data security
“Cybersecurity is a perpetual game of high-stakes leapfrog for retailers, but it is a challenge they are tackling head-on. Protecting customer relationships is the highest priority for retailers. As cybercriminals become more sophisticated in their attacks, legitimate businesses and the government must work together more closely to defend against threats. I’m pleased to lend the voice of NRF’s members to this discussion and hope it leads to even greater collaboration to improve data security,” expressed Tom.
In order to fight consumer data theft and fraud, find solutions, and protect retail customers, NRF has launched a proactive campaign. NRF since long has been promoting the use of chip-and-PIN cards, which store customer data on a computer microchip and require use of a secret number rather than a fraud-prone signature to approve a transaction. “As the national lab for cybersecurity, we are focused on accelerating the adoption of secure technologies within U.S. businesses, and it is clear that the retail industry is committed to doing so as well,” said Nate Lesser, deputy director with the National Cybersecurity Center of Excellence.
NRF is also demanding passage of federal legislation to make information sharing regarding cybercrimes easier, which would in turn help securing retailers’ systems better. Along with that, NRF propagates information sharing in the retail community with its IT Security Council, which also provides a forum for members to collaborate and share best practices for an effective data security plan.
