The retail industry faces a range of security challenges, from protecting customer data to ensuring the safety of retail locations. Security management involves implementing cybersecurity measures to protect against data breaches, particularly in safeguarding payment information and customer records. Physical security is also critical, with measures such as surveillance, access controls, and loss prevention strategies necessary to protect retail locations, inventory, and staff. Additionally, retail companies must address the security implications of online shopping platforms and the growing trend of e-commerce.