Most SMEs confident about overcoming cyber breach: survey

Singapore

MOST local small and medium enterprises (SMEs) appear confident they would be able to overcome a cyber breach following an attack, but about a third of them who experienced cyber incidents did not know which data files were affected, a survey highlighted.

The survey by insurance company Chubb polled 300 SME senior business and IT leaders in Singapore in August and September last year.

It showed that over half - or 56 per cent - of SMEs in Singapore have experienced a cyber error or attack in the last 12 months, flagging a significant perception gap between cyber risk and how prepared SMEs are to handle them. At the same …