Study Finds Preparedness Among Retailers As Holidays Approach

Published Tuesday, November 25, 2008

Nearly one-third of retailers polled in a survey cited that they experience a 76 to 100 percent turnover of store employees annually. This turnover, along with increasing external threats and evolving data security regulation, has led many retailers to increase their focus on cyber risk management. However, 59 percent of those polled do not have a cyber liability insurance policy in place at present. Instead, they have chosen to allocate those resources to loss prevention to thwart potential data breaches. Aon Corp.‘s survey of risk managers at 25 of the nation's leading retailers analyzed risk ...

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