Cybera

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Most companies in Singapore are not ready to defend against cybersecurity threats, a survey by Cisco has found.

Based on Cisco’s Cybersecurity Readiness Index, only 14% of companies are on the “mature” level in security preparedness and most are performing below average on cybersecurity readiness, especially the small businesses who are most vulnerable to cyber attacks.
In today’s interconnected digital landscape, small businesses are not immune to the growing threat of cyber attacks. While large organizations often make headlines when they fall victim to cybercrimes, small businesses are increasingly becoming targets due to their perceived vulnerabilities. Therefore, it is crucial for small businesses to prioritize cybersecurity readiness to protect their sensitive information, maintain customer trust, and safeguard their operations.

Cyber threats come in various forms, including phishing attacks, ransomware, data breaches, and social engineering. Small businesses must recognize that they are potential targets for cybercriminals, as they may have limited resources and security measures in place compared to larger enterprises.

For small businesses with limited IT resources, it may be beneficial to seek professional assistance in enhancing cybersecurity readiness. Consider partnering with managed security service providers (MSSPs) or engaging with cybersecurity consultants who can provide expertise and guidance tailored to your business’s specific needs.

As cyber threats continue to evolve, small businesses must prioritize cybersecurity readiness to protect their operations, customers, and reputation. By implementing a comprehensive cybersecurity strategy, educating employees, seeking professional assistance when needed, and fostering collaboration, small businesses can significantly reduce their risk of falling victim to cyber attacks. Remember, investing in cybersecurity is an investment in the long-term success and sustainability of your business. Stay vigilant, stay informed, and stay secure.

Most companies in Singapore are not ready to defend against cybersecurity threats, a survey by Cisco has found.

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