SMEs are particularly vulnerable to cyber attackers, who take advantage of their lack of preparedness, says Sudesh Pillay, executive head of iStore Business.
Visit our press officeSouth African SMEs, often described as the backbone of the economy, play a critical role in job creation. But they are under severe operational pressure, exacerbated by growing cyber risk.
Pillay notes that SMEs are particularly vulnerable to cyber attackers, who take advantage of their lack of preparedness. “If you consider that the average cost of a data breach is nearly $5 million, Pillay says most small business owners are aware that cyber crime exists, but believe they are adequately protected by anti-virus software and automatic cloud archiving of their data.
iStore Business, with over 25 000 active SME customers, is working to help SMEs reduce their cyber risk with a portfolio of enterprise grade cyber security solutions priced for SMEs, Pillay says.
Smes Sudesh Pillay Cyber Security Istore Business Infosec Cyber Defence Apple Devices Sentinelone EDR Acronis Cloud Backup AI-Powered Perception Point E-Mail Filtering
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