SMEs today, more than ever, have a shot at sustained success against the big players
Opinions expressed by Entrepreneur contributors are their own.
Earlier this year, records from the ministry of micro, small and medium enterprises (MSMEs) pegged the number of businesses in this category at over 7.9 million . Given the sheer size of the SME segment, it is evident that small businesses play a crucial role in India’s race to become a $5-trillion economy. Nearly 8 million SMEs dot India’s landscape today. Their resilience and entrepreneurial spirit drive India’s growth story and are vital catalysts in our nation’s rising prominence. That said, they have their fair share of hurdles to tackle, with cybersecurity (or the lack of it) being one of the most threatening. CyberPeace Foundation—the world’s first non-profit think tank on cybersecurity—outlined some rather startling numbers in its recent report . Around 43 per cent of cyberattacks in […]
