Thales announced the results of its 2018 Thales Data Threat Report, Retail Edition. According to U.S. retail respondents, 75% of retailers have experienced a breach in the past compared to 52% last year, exceeding the global average.
U.S retail is also more inclined to store sensitive data in the cloud as widespread digital transformation is underway, yet only 26% report implementing encryption – trailing the global average.
Year-over-year breach rate takes a turn for the worse
While last year’s report showed an encouraging decrease in breaches, this year U.S. retail data breaches more than doubled from 19% in the 2017 survey to 50%.
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