How cybercrime is impacting SMBs in 2023

According to the United Nations, small and medium-sized businesses (SMBs) constitute 90 percent of all companies and contribute 60 to 70 percent of all jobs in the world. They generate 50 percent of global gross domestic product and form the backbone of most countries’ economies. Hit hardest by the COVID pandemic, geo-political and climate change, they play a critical role in a country’s recovery, requiring greater support from governments to stay afloat.

In the past, the perception was that …

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