AI and automation are revolutionizing the IT landscape, opening up new possibilities and improving current business practices. They are increasingly penetrating the MSME sector, emerging as a significant influence. Start-ups are leveraging AI to redefine their operations, with success dependent on seamless integration of AI features across their tools and offerings such as solutions, services, products, and platforms. Furthermore, the growing frequency of cybersecurity incidents underscores the necessity for businesses to rethink their strategies in order to remain competitive and prosper.
The growing disparity in cybersecurity expertise
The landscape of MSMEs is constantly changing, creating a greater demand for cybersecurity software and services. In addition, the increasing threat of cybersecurity breaches highlights the importance for small businesses to strengthen their financial resources and expertise in cybersecurity. Fortinet’s 2022 Cyber Security Skill Gap Report addresses the issue of technical knowledge gaps in cybersecurity by surveying 1,223 IT decision-makers worldwide. The survey findings indicate that 67% of respondents believe that the shortage of qualified cybersecurity professionals significantly raises the risk of breaches.
Utilizing artificial intelligence and automation to close the divide
- Organizations are increasingly relying on mobile platforms, remote work, and shifts to boost productivity and stay connected.
- These changes are helping organizations achieve higher service quality and performance, but also pose new security challenges.
- Cybercriminals are using AI, Machine Learning, and automation to speed up attacks, with data breaches costing millions globally in 2022.
Every organization, particularly in the MSME sector, faces the risk of security breaches on a global scale. The evolution of technology, changes in traditional business practices, and expanding opportunities have led to a heightened demand for cybersecurity that aligns with the complexities of the global business landscape, boosts operational efficiency, and enhances overall organizational performance.
