What specific challenges does the retail industry face in managing digital risks, and how can digital risk protection address them?
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The retail industry faces specific challenges in managing digital risks such as data breaches, fraud, cyber-attacks, and brand reputation damage. Digital risk protection can address these challenges by offering tools for threat detection, monitoring online brand presence, ensuring data security, and providing cyber intelligence to anticipate and prevent potential risks. This includes deploying technologies like threat intelligence, AI-powered tools for monitoring online activities, and implementing strict security protocols to safeguard customer data and prevent cyber-attacks.