The retail vertical is a major contributor to a country’s economy and it deals with selling goods to customers through various channels such as shops, small grocery stores, supermarkets, large department stores, or the internet. The retail industry is transforming and is increasingly adopting digital, social, and mobile technologies. Retailers are also required to adhere to various compliance mandates for regulatory standards, such as PCI DSS and GDPR. Retail also happens to be the most targeted by the cyber-attackers mainly because of the large payouts involved. With increasing online transactions, cloud-based applications for shopping, and presence of sensitive information of customers and retailers on the cloud platforms, this vertical is prone to cyber-attacks by fraudsters. Hence, retail organizations should secure network points that include PoS terminals, e-commerce websites, third-party vendors, employees’ access points, and increasing IoT-based devices, such as printers and security cameras.