Fashion was the second most-affected area for cybersquatting last year after banking and finance, according to the World Intellectual Property Organization.
Israel-based Pitango Growth was the lead investor in this growth stage round of funding.
The retailer has agreed to a deal to settle claims by shoppers who had their credit card information exposed during a 2013 customer data breach.
The retailer said that no credit, payment or password information was revealed.
London-based information technology and services start-up StatusToday is helping protect the cyber community by monitoring employee behaviors with its metadata artificial intelligence technology.
Verizon noted that 64 percent of retail attacks occur at point of sale.
Leslie Hand, vice president at IDC Retail Insights, offers an outlook through 2019.
The survey found that 89 percent of retailers have experienced a breach in the past two years.
More than a third of consumers have chosen not to buy from a company over concerns about data privacy in the last year.
Cyber attacks rise along with online sales and privacy concerns.