Clement Sibiya, Product Manager at Nashua, provides insights on how SMEs can bolster their data and system security with some key strategies
South Africa’s small and medium enterprises have embraced cloud services to take advantage of scalable subscription services that enable hybrid working models, allow them to turn IT from a capital cost into operational expenditure, and achieve higher levels of flexibility. However, despite the many benefits of cloud computing, it also brings new complexities to cybersecurity.
The public cloud services and applications SMEs source from providers like Microsoft, AWS, and Google are hosted in secure data centers. But end-user devices used to access these services—such as PCs and smartphones remain vulnerable to a range of threats—including malware, insider data theft, ransomware, and elaborate social engineering threats.from Sage found that half of the SMBs have experienced a cyber security incident in the past year and a quarter have experienced more than one.
The risks of cyberattacks and data breaches are significant. Sophos found there was a direct revenue loss to 82% of private sector organizations in South Africa that experienced ransomware attacks. There are also possible regulatory repercussions, with regulations under the Protection of Personal Information Act providing for stringent fines and penalties for non-compliant companies.
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