Cybersecurity more of a threat than Brexit

In a survey by Barclaycard earlier this year, it was discovered that small-to-medium enterprises are more afraid of cybercrime than of Brexit.

That comes as no surprise, really. At this stage, Brexit is little more than an amorphous fog of political uncertainty, where all we really know is that ‘Brexit means Brexit’ and negotiations appear to be difficult. Cybersecurity and financial fraud, on the other hand, feels like it comes with more tangible consequences that hang over the heads of organisations every single day.  Financial fraud is a constantly changing and growing threat that has clear, concrete and very bad consequences for companies that lack proper protection.

Some findings, however, call into question the ability (or the willingness) of organisations to take action against the security threats they face.

Source: IT Pro Portal

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