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ARTICLE · 24 FEBRUARY 2023

Market Intelligence Thought Leadership Award Winner

Cyber Security Is Not Just For Banks – Startups Need Protection Too

The life of a startup revolves around evolution, the ability to pivot and adapt to the ever-changing technological landscape. This agility, while necessary for survival, is the perfect breeding ground...

NigeriaTechnology

The life of a startup revolves around evolution, the ability to pivot and adapt to the ever-changing technological landscape. This agility, while necessary for survival, is the perfect breeding ground for cyber criminals looking for grey areas and opportunities to exploit.

Unfortunately, early startups have the misconception that they are too small to need a cybersecurity program, leaving them at greater risk to the broader threat landscape. In fact, 43% of the time, startup-size organisations are the primary targets for hackers. Because these organisations are not prepared, and since they lack funding as long-standing companies, 60% of small businesses close within six months of a cyber attack.

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