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SailPoint’s SVP Steve Bradford comments on the growing danger of cyber threats during Black Friday sale

23 Nov 2022

SailPoint’s SVP Steve Bradford comments on the growing danger of cyber threats during Black Friday sale
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  • Using technology to address loss prevention during the holidays
  • From the back office to the checkout: Critical strategies to mitigate retail theft By Daniel Linskey and Jodie Rae Jordan

Steve Bradford, Senior Vice President EMEA at SailPoint comments, “As Black Friday looms, retail brands eagerly anticipate profit boosts during their ‘Golden Quarter’, but it's not all rose-tinted shopping for online bargain hunters.”

“The holidays are arriving early for cybercriminals – sales spikes and digital stampedes mean more opportunity for fraudsters to con unsuspecting consumers, through fake retailer websites, fraudulent card payment functions, and social media phishing.”

Complex login passwords

“Deloitte found that over half (54%) of consumers plan to buy festive gifts in November and the first two weeks of December, which includes Black Friday. With surges in retail, technology users need to think about fortifying identity checks, to ensure they are protected from cyber threats.” 

“Online shoppers should consider ways they can add digital padlocks to their accounts. Processes like multi-factor authentication, one-time passcodes from banks to authorise larger transactions, and complex login passwords all help maintain identity security. Tripwires for identity permission protect not only against brute force cyber-attacks, but also quickly stop breaches in their tracks, and help make shopping as smooth and seamless as possible for consumers.”

Learn why leading casinos are upgrading to smarter, faster, and more compliant systems

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