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

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Organized Retail Crime: A Growing Threat to Supply Chains