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Country manager of leading cyber security group, ESET, Mr. Olufemi Ake, has revealed that paucity of fund remains the key challenge frustrating operator of small businesses in both Nigeria and Ghana to maintained their deployed security platforms and grow their businesses.
In an interview, he said recent market intelligence findings show that the majority of businesses in Nigeria and Ghana are less secure from cyber security threats and that an average of 12% of already IT secured Organizations in Nigeria hardly renewed their security solutions between January 2015 and December 2016.
He said about 80% 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.
Ake however, attributed the risk 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.
He said “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”.
“Our improved cloud-powered 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.
He however revealed the readiness of his company to assist Small and Medium Enterprises (SMEs) with well discounted services so that they can grow.
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.
Ake said, “ESET is determined to support Organisations and the government to help reduce these alarming losses to cyber criminals”.
“We are open offer exciting discounts and free subscription of up to ‘One Full Year’ if licenses are bought new or renewed with us. This we believe would encourage both existing and interested users from government agencies, small or large business enterprises, schools, hospitals, manufacturing amongst others to highly prioritise IT Security as it would go a long way to eliminate issues from cyber security attacks hence keeping the company data and assets safe at extremely low cost with high return on investment (RoI).