Securing Retail: The Role of Information Sharing in Cybersecurity
Suzie Squier, President of the Retail & Hospitality Information Sharing and Analysis Center (RH-ISAC), discusses the evolution of cybersecurity threats in retail and the importance of collaborative defense.
Why it matters:
As cyber threats evolve, retailers need to stay ahead. RH-ISAC facilitates crucial information sharing among its 270 member companies to combat emerging risks.
By the numbers:
10 years: RH-ISAC has been operating since 2014
270: Number of member companies in RH-ISAC
2: Size of the smallest cybersecurity teams in member companies
The big picture:
Cybersecurity threats have evolved from point-of-sale skimming to sophisticated ransomware and AI-enabled attacks. RH-ISAC helps members stay ahead through:
Automated alerts on potential vulnerabilities
Routine threat briefings
Closed-door sessions to address specific threats
What they're saying:
"Trust is our biggest commodity, and it's something that we treasure among our brand," says Squier on the importance of secure information sharing.
What's next:
RH-ISAC aims to grow internationally while maintaining its community feel. Key focus areas include:
AI and its security implications
Cloud security
Mergers, acquisitions, and divestitures in cybersecurity