Nearly 40% of Moroccan SMEs Exposed to Cyber Risks

Nearly 40% of Moroccan SMEs Exposed to Cyber Risks
Wednesday 4 October 2023 - 13:34

Nearly 40% of small and medium-sized businesses (SMEs) in Morocco consider themselves vulnerable to cyber risks, according to a study recently carried out by the world leader in cybersecurity, Kaspersky, and the results of which were published on Tuesday in Rabat.

This study, which takes place in a context marked by the growth in the digitalization of SMEs in Morocco, reveals a certain awareness of the growing threat of cyberattacks, Pascal Naudin, Head of B2B Sales at Kaspersky Morocco and Tunisia, said at a conference dedicated to the presentation of the results of the study entitled “Cyber threats, digital habits and investments: what maturity for Moroccan companies?”.

Conducted by Kaspersky, in collaboration with the research firm Arlington Research, this study, which involved 300 Moroccan companies with between 10 and 250 employees, also revealed that most of the companies surveyed are not sufficiently trained on cyber risks and their consequences, Naudin pointed out.

SMEs surveyed also recognize the potential risks of cybersecurity incidents, with 42% fearing the loss of customers, 40% fearing financial losses and 44% fearing the loss of sensitive data, he noted, estimating that the Morocco appears to be a country in which SMEs are rather aware and seem mature in terms of cybersecurity.

“Moroccan companies are aware of the need to protect themselves. However, like many countries, the problem lies in the exploitation of information and data generated by technological solutions,” Naudin said, underlining the importance of investing in robust cybersecurity solutions to protect SMEs from evolving cyber threats.

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