Cisco Security for Retail

Cisco Security for Retail

Cisco_Security_for_Retail

Retailers lose billions due to theft and fraud each year.

Shrinkage

Shrinkage is at an all-time high, accounting for 1.62% of the average retailer’s bottom line

(National Retail Federation)
Shoplifting_incident

The average cost of a shoplifting incident is $559

(Forbes)
Cyberattack_breach

50% of retailers have had a cyberattack breach in the past year

(Thales Group)

Multichannel sales, employee theft, and e-commerce have seen the greatest rates of fraud increase.

Pick_up_store

Buy online, pick up in store (BOPIS) fraud has seen a 7% attempt rate, compared to a 4.6% attempt rate in other delivery channels

(ACI Worldwide)
Employee_theft

The average cost per incident of employee theft is $1,551

(National Retail Federation)
E-commerce_retailers

E-commerce retailers deal with an average of 206,000 web attacks per month

(Signal Sciences)

Retail security solutions must keep pace with the shopping landscape and become more comprehensive to:

Safeguard_goods_and_shrinkage

Safeguard goods and inventory to reduce shrinkage resulting from theft and fraud

Monitor_store

Monitor store and other locations to protect customers and associates

Build_brand_loyalty

Build brand loyalty by protecting consumer data and privacy

Connect_stores_and_prioritize_traffic

Connect stores and prioritize traffic to ensure uptime and reliability

Retailers that successfully implement security solutions develop a competitive advantage with flexibility to continue their digital transformation without the deterrent of security incidents.

Digital_transformation

Cisco provides the protection and security you need to operate in the new world of retail.

Provide safe and compliant environments for associates and customers by using video to detect unsafe or illegal activity

Video_detect
Identify_document_fraudulent_behaviors

Monitor registers, customer service areas, and back-of-house activity to identify and document fraudulent behaviors and theft

Deploy a secure, flexible, resilient, and scalable network between stores, corporate locations, and the cloud

Corporate_locations_and_cloud
Mitigate_cybersecurity_risk

Mitigate cybersecurity risk, detecting attacks and reducing the impact of breaches

Learn more about Cisco’s portfolio of solutions for retail:

Learn more