[CLSTR]
< Back to all clusters
[TECHNOLOGY] · South Africa · 8 sources

started · updated

Part of situation: Escalating global cybersecurity threats and risks for SMEs (20 clusters)

Cybersecurity risks rise for small and medium enterprises

cybersecurity SMEs cyber attacks disaster recovery cloud resilience

Small and medium enterprises (SMEs) are increasingly targeted by cybercriminals who exploit their limited financial resources and weaker security controls. Research from Kaspersky indicates that 78% of South African SMEs experienced at least one cybersecurity incident over the past year.

Common vulnerabilities in SMEs include fewer IT resources, delayed software updates, and limited security expertise. These attacks can lead to operational shutdowns, stolen customer data, and severe reputational damage.

Furthermore, many businesses mistakenly believe that cloud storage serves as a complete disaster recovery plan. While cloud infrastructure provides resilience, it is not a substitute for a formal recovery strategy. Effective disaster recovery requires understanding recovery time objectives (RTOs) and ensuring that all interdependent systems, such as identity services and networking, can be restored in the correct sequence to resume operations.

Entities

Kaspersky

Sources

No sustainable digital economy without trust, cybersecurity – CSA [ghananewss.com]
The Importance Of CSA Cyber Essentials – Learn about a range of topics here [radiopasionaria.com]
Growing SMEs are more exposed to cyber-attacks, NCSC research finds | NZBusiness Magazine [nzbusiness.co.nz]
Why This Cybersecurity Stock Belongs in Every Millionaire-in-the-Making Portfolio | The Motley Fool [www.fool.com]
Small business, big cyber risk: Why SMEs need enterprise-grade security [www.itweb.co.za]
The next constraint on MSP growth is security operations - IT-Online [it-online.co.za]
Cloud Is Not a Disaster Recovery Plan [biztechmagazine.com]
No sustainable digital economy without trust, cybersecurity – CSA [www.myjoyonline.com]