The Cost of a Data Breach in Retail & E-Commerce

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The cost of a data breach in the retail and e-commerce sector can be devastating, both financially and reputationally. With the rise of online shopping and digital payment systems, cybercriminals are increasingly targeting retailers to exploit customer data, including credit card information and personal details. A single breach can lead to significant revenue loss, legal penalties, and loss of customer trust. Businesses must invest in robust cyber security measures to detect, prevent, and respond to such threats. Understanding the financial and operational consequences of a breach is crucial for building resilient retail and e-commerce platforms in today’s digital-first world.