MSMEs vulnerable to cyber threats with growing digitalisation: Officials – ET CISO

Cyber security remains an “area of serious concern” for the MSMEs, and the vulnerabilities of these businesses stem from several factors such as “lack of understanding of cyber security risks, less prioritisation for safety and limited capital allocation, he said in a workshop here.
It is important to bridge these gaps by imparting skills and knowledge on how to react when faced with cyber security breaches, Sahoo said.
The workshop was organised by the US Consulate General Kolkata and CUTS International, in collaboration with MSME-Development Institute, Ranchi, and the Centre for Development of Advanced Computing (C-DAC).
Noting that limited awareness resulted in a drastic increase in cybercrime, C-DAC Patna director and centre head Aditya Kumar Sinha said the risk of SME’s increases many folds seeing their cyberspace vulnerability. PTI COR BDC BDC