How Should MSMES Gear up Against Cyber Attacks?

S Shanmuga Priyan, Director, Redhut Innovations and an AIT solutions provider, speaks on the need for MSMEs to fortify their defences against evolving threats in the age of Al

- SWAMINATHAN B

Can you explain the key cybersecurity challenges faced by MSMEs in today’s digital landscape of expanding AI?

In recent times, every order of any organisation is processed through Internet which carries critical data of payment details, personal data and addresses. A breach could lead to significant financial losses, legal liabilities and damage to reputation. Due to high volume of data and access by multiple people at different locations, Cloud-based storages were on demand for the environment. AI Needs a high volume of data for training. However, this large volume of data can be used by the cyber criminals to attack their digital victims. With is critical data handling and ease of usage companies prefer secured data with seamless access thereby preventing the hacking of the system. A secured network with good protection on access levels of user is the need of the hour.

How important is it for MSMEs to have a comprehensive cybersecurity plan in place; and what should it include?