Moving beyond awareness to strengthen defenses in the face of growing cyber threats You can save this article by registering for free here . Or sign-in if you have an account. Article content Cybersecurity isn’t a luxury or a compliance checkbox – it’s a necessity for business survival.
With cyberattacks increasing in frequency and sophistication, no company is immune, especially small and medium-sized enterprises (SMEs). In Canada, 43 per cent of cyberattacks target SMEs, yet only 14 per cent have a strong defensive posture, according to the Canadian Centre for Cyber Security. The financial, legal, and reputational consequences of a breach can be catastrophic, with an average attack costing SMEs over $200,000, according to IBM’s 2023 “Cost of a Data Breach” report.
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Create an account or sign in to continue with your reading experience. Sign In or Create an Account Many businesses believe cybersecurity awareness is enough – training employees to recognize phishing emails and use strong passwords. But awareness without action is like having a fire alarm without an evacuation plan.
Cybersecurity readiness is the ability to anticipate, prevent and respond to threats effectively. Cyber threats evolve constantly, and SMEs are attractive targets due to limited s.
