US retailers are under siege as nearly two thirds (62 percent) report experiencing a data breach and over a third (37 percent) say they were breached in the past year, according to the latest report produced by IDC for Thales. This high rate of data breaches comes amidst a decline in the rate of growth in security spending. Less than two thirds (62 percent) say that they are increasing spending this year compared to 84 percent last year, yet nearly all (96 percent) of the retailers surveyed claimed they use sensitive data within digitally transformative environments. "Retailers have a deep… [Continue Reading]
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