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India retail sector 2nd most vulnerable to cyber-attacks after financial services ~India Retail Forum 2016 deliberates the cyber disruption in retail~

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Indian retail sector is the second most threatened segment by cyber-attacks after financial services as data privacy protection is becoming a significant challenge, said Anurag Mathur, Retail & Consumer Goods Practice Leader, PwC India.

“Over 92% of the apps we test are vulnerable with 2,30,000 new malware samples generated per day with an estimated cost $100 billion,” Mathur said, delivering his key note address at the India Retail Forum 2016, which was launched amid 1300 delegates from India and overseas.

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