Cybersecurity Umbrella

Cost of a Data Breach: Retail

The finance industry has the second-highest average cost per breach, following healthcare. Healthcare breach costs reached a new record high of $10.10 million, while financial organizations averaged $5.97 million per breach.
The report also shows a positive trend in reducing the time to identify and contain breaches. In 2023, the average number of days to identify and contain a breach decreased, providing faster response and mitigation.

Cybersecurity Umbrella can help you:

With Cybersecurity Umbrella's network infrastructure expertise in video, cellular, and Wi-Fi, we can help you build customer recognition solutions for personalized marketing and an improved checkout experience.
Our AI-powered video heat-mapping data analytics engine enables optimization of store merchandising and floor layout.
Drive a hyper-personalized experience for customers across all platforms.
Empower your associates with omnichannel capabilities to engage customers with relevant information during their purchase journey.

Cybersecurity Umbrella can help you:

Enhance your supply chain operations with Cybersecurity Umbrella's simulation model, utilizing real data to understand, predict, and react to events.
Eliminate data silos across the supply chain to provide a unified view
Quickly and accurately anticipate demand and streamline forecasting with AI for IT Operations (AIOps)
Ensure security with a zero-trust approach, with automated security policies between different endpoints
Achieve real-time inventory management, leveraging IOT for asset tracking and providing inventory visibility to associates and managers
Optimize the turn time between delivery and usability, moving away from batch processing to leveraging real time data and location tracking to automating inbound and outbound tasks and procedures

Cybersecurity Umbrella can help you:

Improve the speed and consistency to deliver seamless omnichannel experience with Cybersecurity Umbrella's data lake and automation library
Build an immersive virtual reality shopping experience in the metaverse that simulates an in-store experience in every way with 24/7 availability without transactional labor costs
Leverage a single point of view into their IT infrastructure across multiple platforms, such as Microsoft Azure, Google Cloud, SAP, Oracle and Amazon Web Services, with hybrid cloud orchestration services that optimize utilization between clouds, datacenters, and the network edge
Proactively anticipate IT failures and automatically resolve potential problems before they impact operations using Cybersecurity Umbrella's predictive machine learning