The Vital Shift Toward Security and Regulatory Compliance among Retailers in Asia/Pacific

The Vital Shift Toward Security and Regulatory Compliance among Retailers in Asia/Pacific


This IDC Perspective explores the retail landscape in Asia/Pacific, stressing the importance of personalized solutions to cater to varied retail needs. In today's fast-changing digital world, protecting customer information is a top priority for retailers across Asia/Pacific. This document delves into the delicate balance required between safeguarding data and respecting customer privacy, emphasizing the need for strong and adaptable security measures. It highlights the integration of cutting-edge technologies into existing systems and stresses the crucial role of thorough staff training and continuous support. For retailers, these strategies are not mere business decisions; they represent vital steps toward earning and maintaining customer trust in our modern, digital-centric era."In the contemporary digital era, ensuring customer trust is not a mere option; it is a duty. All data must be safeguarded to build a strong trust foundation for businesses amid the constantly changing technological landscape," says Ayush Narain, analyst, IDC Asia/Pacific Retail Insights.

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Executive Snapshot
Situation Overview
Strategies Employed by Retailers
Strengthening Digital Foundations
Data Governance and Protection
Compliance with Regulations
Employee Training and Awareness
Supply Chain Security
Asia/Pacific Examples
Lotte Group
Flipkart
Challenges
Future Trends
Cybersecurity Reinforcement
IoT Security
Compliance Automation
Privacy Enhancements
Supply Chain Security
AI-Driven Compliance Audits
Cross-Border Compliance
Advice for the Technology Buyer
Understand Local Regulations and Compliance
Customize Solutions for Diverse Retail Needs
Emphasize Data Security and Privacy
Implement Cutting-Edge Technologies
Provide Comprehensive Training and Support
Continuous Security Assessment Services
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Synopsis

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