Safeguarding while advancing: The cyber security study was done in SA, the US, UK, Canada, Spain, Germany, Portugal, Australia and France.
Navigating the fast-paced world of cyber security can be overwhelming for SMEs that often lack dedicated IT expertise. Image: iStock
48% of SMEs experienced a cyber security incident in the past year and 25% experienced more than one. In South Africa, the most mentioned incident was stolen laptops , with fewer reported ransomware attacks ; “Navigating the fast-paced world of cyber security can be overwhelming for SMEs that often lack dedicated IT expertise. While our research highlights their genuine concern for cyber security, they seek guidance to comprehend and mitigate risks beyond the misconception of merely relying on firewalls and tools.”
“It is not surprising to see that South African SMEs are concerned about cyber security, as many may lack the required inhouse expertise and we have seen a dramatic increase in local cyber events over the past few years,” said Kevin Thompson, senior cloud operations manager at Sage Africa and Middle East.
Lynne Pace, CFO and VP of finance for Danson Construction, says in today’s digital realm, cyber security hurdles are a constant reality for businesses like Danson.
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