Small and Medium-sized Businesses are one of the fastest-growing segments in India that need to focus more on Cyber-Security Activity with a proactive approach. They often have a lack of resources to handle losses. A Recent study on Cloud Security points out that Small and Medium-sized businesses in India with more than 200 employees are not prepared for cybersecurity threats. They assume that public clouds are secure by default. More than 66% of Small and Medium-sized businesses globally reported a cyberattack within this year. The Cost of damages caused by Cyberattack outweighs the cost of investing in solutions to prevent it.
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| Cyber Security Approach |
Small and Medium-sized businesses normally face cyber threats such as ransomware, data breach, and Point of Sale Malware attacks. Ransomware normally blocks the user from accessing the system and files. The data breach is also one major problem for Small and Medium-sized organizations. Lack of resources and manpower are the key things in which most of the Small and Medium-sized business organizations won't check PoS devices regularly.
Most of the organizations are turning into Artificial Intelligence-based cloud security systems and solutions which help them with predictive security threat analysis. The Cyber Security industry is mainly relying on Artificial Intelligence and Machine Learning aspects so as to defend against threats. The Main advantage of Artificial Intelligence is it provides real-time zero-hour detection of new threats and protection against all kinds of threats and attacks.
Cyber Security skills are in shortage these days. Artificial Intelligence will reduce the workload of Cyber Security analysts by automating the tasks based on risk area prioritization.Covid-19 Pandemic has thrown several challenges and it has shown the importance of cybersecurity in keeping various businesses safe from cyber attacks.
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