Friday, 24 March, 2023

APAC SMEs suffer from over $500,000 loss due to cyber incidents

<p>&nbsp;</p> <p>A Cisco survey has found that 51% of Small to Medium Businesses in the Asia-Pacific region have suffered from over $500,000 losses due to cyber incidents in the past year. 83% of the 3750 businesses surveyed in 14 APAC countries reported an incident with costs surpassing $100,000, while 13% had an incident costing over $1M. 85% of respondents that ran a simulation exercise found vulnerabilities in their defense.&nbsp;</p>