Small and medium-sized companies are at risk of falling due to the proliferation of cyber threats, according to ePLDT Inc.
“SMEs have become the prime target of cyber criminals because compared with larger companies, these emerging businesses have little to no cyber security strategy in place—making them easier to penetrate,” said Angel Redoble, ePLDT Group chief information security officer.
“What’s even more alarming is that hackers may use these growing businesses as their gateway to attack bigger companies—a scenario that is not entirely new in the digital era,” he added.
Redoble said budget constraints might limit leaders of these small businesses in deploying cyber security infrastructure, but they must at least work with professionals who had the right skills in combating cyber threats.