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#SMB Cybersecurity study

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Cisco released a statistical study on the rising cases of cyber incidents targeting small and medium businesses (SMBs) in the Philippines in the last 12 months. However, in a separate segment of Cisco’s study, it was noted that SMBs are now taking further precautions to stop unwarranted cyber attacks. 77% of Philippines’ SMBs have completed scenario planning and/or simulations for potential cybersecurity incidents in the past 12 months. To combat the weakness in cybersecurity, 82% of the Philippines’ SMBs have increased their investment in cybersecurity solutions since the start of the pandemic, with 37% increasing investment by more than 5%. As they embark on their digitalization journeys, SMBs have a unique opportunity to lay the right foundation for their security posture and build their business on a strong foundation of trust,” said Kerry Singleton, Managing Director, Cybersecurity, Asia Pacific, Japan, China, Cisco. Read more in our articles including "57% of SMBs in PH suffered cyber incidents, says Cisco" and "BPI partners with Robinsons Retail for barcode cash deposits in stores".

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What is SMB Cybersecurity study?

Cisco released a statistical study on the rising cases of cyber incidents targeting small and medium businesses (SMBs) in the Philippines in the last 12 months. However, in a separate segment of Cisco’s study, it was noted that SMBs are now taking further precautions to stop unwarranted cyber attacks.

What have you covered about SMB Cybersecurity study?

77% of Philippines’ SMBs have completed scenario planning and/or simulations for potential cybersecurity incidents in the past 12 months. To combat the weakness in cybersecurity, 82% of the Philippines’ SMBs have increased their investment in cybersecurity solutions since the start of the pandemic, with 37% increasing investment by more than 5%. As they embark on their digitalization journeys, SMBs have a unique opportunity to lay the right foundation for their security posture and build their business on a strong foundation of trust,” said Kerry Singleton, Managing Director, Cybersecurity, Asia Pacific, Japan, China, Cisco.

Where can I find articles about SMB Cybersecurity study?

Our coverage of SMB Cybersecurity study includes: "57% of SMBs in PH suffered cyber incidents, says Cisco"; "BPI partners with Robinsons Retail for barcode cash deposits in stores"; "Shopee opens official Beats store in PH". Each article provides unique insights and information.