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How good cyber security helps SMEs to grow

July 6, 2020

Effective cyber security makes it possible for companies to innovate which drives revenue, profit and growth.

Cyber security is often discussed in terms of data breaches, regulatory fines and business disruption. What is seldom highlighted are the advantages. Effective cyber security makes it possible for companies to innovate which drives revenue, profit and growth.

The digital world presents many opportunities to small and medium enterprises (SMEs) who can extend their reach further by operating online. Cyber security is essential if SMEs are to remain safe online but it is not just about safety.

Effective cyber security provides SMEs with the ability to create, innovate and personalise product offerings which can deliver substantial market opportunity and business growth.

SMEs must be able to function safely in the online world if they are to exploit the potential opportunities. An effective cyber security strategy with the right risk management provides the springboard to innovate, differentiate and ultimately deliver revenue growth.

A recent report showed that 80,000 printers a day are vulnerable to hacking. The Shadowserver Foundation’s new Internet Printing Protocol (IPP) scan found these hackable printers.

Since July 2019, The Shadowserver Foundation has been participating in an EU CEF (Connecting Europe Facility) funded project called VARIoT. The main goal of the VARIoT (Vulnerability and Attack Repository for IoT) project is to create new services that provide actionable security-related information about the Internet of Things (IoT).

Categories : Around the Industry

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