SGSME logo
COMMENTARY
·
SUBSCRIBERS

As digital payments boom, here’s how small-sized retailers can meet cybersecurity threats

Even without dedicated IT teams or advanced cybersecurity, SMEs can take practical steps to reduce the risks they face

    • The best way for SMEs to protect against data breaches is to simply not store card data at all, by outsourcing their card processing.
    • The best way for SMEs to protect against data breaches is to simply not store card data at all, by outsourcing their card processing. PHOTO: PIXABAY
    Published Thu, Oct 9, 2025 · 07:00 AM

    A COMMON misconception among small and medium-sized enterprises (SMEs) is that they are too small to be of interest to cybercriminals. The reality is the opposite: they are prime targets.

    Unlike banks or large corporates, SMEs lack the resources for dedicated IT teams or advanced security infrastructure, making them vulnerable to increasingly sophisticated fraud schemes.

    But SMEs can dramatically reduce the risk of fraud and breaches by aligning with international data security standards.

    Share with us your feedback on BT's products and services