E-commerce sector need to be vigilant of cyber attacks during festive season, says cyber security provider

KUALA LUMPUR, April 7 —The e-commerce sector is advised to be vigilant of possible cyber attacks during the festive season as heightened online retail activities present an...

Ministry of Manpower ‘did not advise’ employer to fire migrant worker harassed by loan sharks; worker can remain in Singapore amid police probeThe e-commerce sector is advised to be vigilant of possible cyber attacks during the festive season as heightened online retail activities present an opportunity for cybercriminals.

“Cybercriminals capitalise on the festive rush as shoppers may be more inclined to make hurried purchases, potentially overlooking security precautions. “Failure to address cyber threats and neglecting data protection can expose consumers to risks like identity theft and financial fraud,” he added.Woo stressed that a lack of data protection in the retail sector can lead to identity theft, where criminals use stolen personal information to commit fraud or other illegal activities in the consumer’s name which can result in financial losses, damage to credit ratings, and a long and complex process to restore identity.

To tackle this, retail businesses should adopt a holistic and multi-layered approach to cyber security, encompassing technology, processes, and people, he said.

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