Micro, Small, and Medium-Sized Enterprises (MSMEs) form the backbone of global economies, contributing significantly to employment and GDP growth. According to the International Finance Corporation (IFC) this subgroup of businesses accounts for 70% of total employment on average, and 50% of Gross Domestic Product (GDP) worldwide. Despite their key role in driving innovation and fostering inclusivity, the journey for MSMEs is not without its challenges. Worsened by global economic shocks and worldwide conflicts, one of the most pressing issues facing this group is the increasing risk of cybercrime. MSMEs are often seen as easy targets by cybercriminals due to their […]
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