The Hidden Cost of Ignoring Cybersecurity in India’s SME Sector
India’s small and medium enterprises are going digital. Technology is now at the heart of everyday business, from UPI payments and cloud-based accounting systems to online customer engagement and remote collaboration tools. But while digital adoption has surged, cybersecurity preparedness hasn’t always kept up.
For years, many SMEs thought cybercriminals were only attracted to large corporations, banks, and government institutions. As businesses of all sizes connect to India’s emerging digital economy, they are also becoming potential targets for fraud, ransomware, data theft and business email compromise.
A routine invoice email. An employee clicks. By the time anyone notices, the money is gone. Many small business owners still believe they are too small to attract cybercriminals – until the morning their UPI account shows a transaction they never authorised.
One reason this shift is important is the sheer scale of India’s digital ecosystem. UPI network alone processes over 18 billion transactions...
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