SMEs represent large part of any economy across the word, and they play a significant role in economic growth and social development. SMEs are frequent targets of cyber security attacks similar to large enterprises. However, unlike large enterprises, most of the SMEs have limited skillsets and resources for following cyber security practices. Given the increasing cybersecurity risks and the impact that may bring to the SMEs, assessing and improving the cyber security capabilities is crucial for SMEs for survivability.
SMEs must be aware of the potential risks from online presence is more important than ever in today’s increasingly digital world. SME businesses can suffer financial and reputational damage as a result of cyber-attacks.
Reputation is built over time and it takes a lot of hard work to earn the customers trust regardless of size of the organisation. Another important challenge for SMEs is the regulatory compliance. Business can be destroyed within minutes if there are no appropriate security practices followed leading to loss of revenue and hefty fines by the regulator.
Cyber-attacks on the rise and no sign of any decrees. How to fight them? and keep your businesses flourishing with protection.
CYBANATICS team of experts can help your business overcome these challenges in a cost-effective manner.