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SME cybersecurity – turning David’s compliance to a Goliath advantage

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The enterprise Goliath is worried about its suppliers. These Small and Medium-sized Enterprises (SMEs) are underprepared. They are also disproportionately targeted. In fact, 43% of cyber-attacks target their digital front door. In addition, the Protection of Personal Information Act (POPIA) holds large organisations legally responsible when a supplier is breached.

How MDR helps businesses stay ahead of attackers

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At the start of 2024, a finance worker in Hong Kong at a multinational firm joined what appeared to be a routine video call with senior leadership. The call included people who looked and sounded like the company’s UK-based CFO and other executives. However, AI-generated deepfakes had created these individuals. As a result, the employee authorised several transfers to different bank accounts worth around $25 million.

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