ESET Set to Alleviate Cyber Security Concerns Affecting SMEs

Worried about the inability of small and medium enterprises to deploy and retain cyber security solutions’ subscriptions largely due to the current financial and economic downturn, ESET has launched a campaign that will bring succour to decision makers of affected businesses and users. Country Manager, ESET Nigeria and Ghana, Mr. Olufemi Ake disclosed that recent market intelligence findings show that the majority of businesses in Nigeria are less secure from cyber security threats and that an average of 12 per cent of already information technology (IT) secured organisations in Nigeria hardly renewed their security solutions between January 2015 and December 2016. About 80 per cent of the unreturned blamed the situation on the economy as funds are generally being diverted to keep the company afloat with payment of salaries and day-to-day running cost. This is also attributed to the surge in the price of IT security solutions primarily as a result of the exchange rates instability and hike between 2014 and to date. “ESET, being an IT security company dedicated to developing high-performing security solutions for home users and corporate customers, detecting and disabling all known and emerging forms of threats globally, is highly concerned about this trend,” the company said in a statement.

“Our improved cloudpowered scanning and file reputation in the Endpoint Security Suite is such an immense value for money to businesses as this feature speeds up system scans and keeps false positives to an absolute minimum, while preserving confidentiality of organisations’ data and assets. It is desirable in today’s business environment to have solutions that guarantee anti-ransomware which also prevents organisations from losing money to ransom attackers, 24/7 support service remotely and on-site, real-time reporting with pro-active protection, low system demand, which in summary boosts return on investments,” Ake said.

Meanwhile, a recent report released by the National Information Technology Development Agency (NITDA) indicates that out of the 2,175 Nigerian websites hacked in 2015, about 585 were government owned, whereas out of about 97 million internet users, during the period) in Nigeria, 14 per cent suffer cyber-attacks. In December 2015, Nigeria was the 17th most cyber-attacked nation in the world based on threat intelligence report. This also reiterates the need for companies to be proactive with cyber security at every point in time.