Year round, retailers worldwide continue to face ever-growing risks with far-reaching consequences that extend beyond the immediate loss of merchandise or revenue.
These risks mount during busy shopping periods such as Thanksgiving and Cyber Monday in the U.S. and Boxing Day in the UK, in which retailers deal with threats that affect them in both the physical and cyber realms.
Understanding those risks and how to mitigate them will help retailers protect profits, keep customers happy and employees safe, and maintain operational resilience.
Below we explore the top five risks facing retailers of all sizes.
Helping retailers mitigate disruption
Forty-five of the world’s largest retail companies rely on Dataminr, including over 235,000 retail locations (stores and warehouses), to safeguard their business against threats.
Below are real-world examples of retailers mitigating risks with Dataminr:
- September 2024: During Hurricane Helene, a major big box retailer relied on Dataminr’s real-time information to stay informed about damage to its facilities during power outages. This helped the business track infrastructure issues affecting store access and deliveries, while guiding store leadership on safely returning onsite.
- September 2024: Dataminr’s real-time alerting on a chemical leak in Ohio enabled a supermarket to evacuate its store, protect customers and employees and proactively update its leadership as the event unfolded.
- January 2024: Dataminr’s dark web alerting enabled a clothing brand to uncover a fraudulent e-commerce scheme in Germany that caused $20K–$100K in confirmed losses, with an estimated impact four to five times higher. The retailer’s loss prevention team then escalated the situation to its chief financial officer and contacted law enforcement.
- December 2023: Dataminr identified the sale of cloned loyalty rewards on an illicit dark web marketplace, allowing a large retailer to quickly overhaul their rewards program and prevent future fraud.
Dataminr Pulse for Corporate Security
See how retailers like yours use Dataminr Pulse for Corporate Security to discover and respond to risks faster so they can better protect their people, customers, locations and assets—allowing them to strengthen business continuity and resilience.
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