Small businesses at risk of failing due to cyber attacks — ePLDT

Small and medium-sized companies are at the forefront of the country’s economic development, bringing in fresh and disruptive solutions to consumers and their enterprise counterparts. But while these emerging companies see a promising future in the Philippine market, the proliferation of cyber threats impedes their sustainable growth. Latest available data shows that 98 percent of businesses in the country are working their way up to compete with more established companies. However, security breaches have become their barriers for growth, with 74 percent of small organizations reported to have been breached in 2015 alone, according to the UK Government Security Breach (more…)
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