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Home Technology

Startups with Poor Cybersecurity Practices Attracting Investor Interest

by Ruslan Burak
July 3, 2023
in Technology
3 min read
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Cybersecurity threats are constantly evolving around the world. as data economy Digitization is increasing in size and influence of Modern threats, given that more from traditional Security measures may be required to maintain it up with the challenges.

According to Cisco’s 2023 Cybersecurity Index, 82% of Companies that responded to the survey say they expect a cybersecurity incident to disrupt their business in the next From 12 to 24 months. And only 15% of Organizations globally are adequately prepared for the potential risks.

the cost of Unpreparedness can be material, such as 60% of Survey respondents said they had experienced a cybersecurity-related incident in the last 12 months and 41% of Those affected said that cost of them at least $500,000.

Development of threats highlights the need for Organizations must remain vigilant and adopt proactive measures to protect their systems and networks against Cafe attack.

Increased frequency and severity of Cyberattacks are important of Electronic security for organizations of In all sizes this has led to growth demand for startup companies with Related solutions and services, attractive presentation market for investors.

increase challenges

With the coronavirus pandemic, companies have largely gone dormant operating model where people Work from one devices one by one locationthe connection is fixed networkto a hybrid world.

Here employees are increasingly connecting to multiple networks from multiple devices in many locations and access Applications in cloud f on On the go, generate a huge number of amount of data. This displays new And unique Electronic security challenges for comp.

in Türkiye , government And public Institutional investments in Cyber ​​security products and services remain Insufficient. Therefore, it is necessary to increase the relevant investments, given the increasing importance of Electronic security in today digital Aesthetic view.

Readiness below average

Meanwhile, Cisco’s study makes a stark discovery that only 15% of Companies are in the “maturity” stage while more from half (55%) of global Firms fall into the “beginner” or “formative” stages – that is, they are performing below middle on Prepare for cyber security.

Didem Doro, general manager of Cisco Türkiye said just like in the rest of the worldhybrid model Gained great momentum in Turkish as well after the pandemic.

with the rise of Multicloud and hybrid architectures workcompanies have become a lot more vulnerable to cyber risks. is necessary for to be corporate more Flexible and invest in this area To eliminate these risks and bridge the security gap. At Cisco, we deliver with All the support they need during this process,” Doro said.

Cyber ​​security training

Of companies rated “mature”, 53% say they are “very confident” in the ability to stay flexible against potential cyber attacks in the next From 12 to 24 months.

On the other hand, only 30% of comp in “Novice” stage and 34% in The “formative” stage said the same thing.

Moreover, 86% of Respondents said they plan to increase their security budgets by at least 10%. over the next 12 Months.

One of Turkish leading technology and telecom companies, Türk Telekom has the largest cyber security hub in country and continues share that it experience in field with young people.

young man people sharing in Training to protect the “cyber home” have the opportunity to shape they future By becoming a part of the future Internet Heroes. the work It is expected to continue in 2023.

investment in Defense X

Cybersecurity threats are among the most important problems in Internet and technology world. Many projects offer their customers a safer Internet experience with innovative solutions.

DefensX, an experienced startup company with novel Safe Browser technology against Browser exploitation violations, she said she received a file new investing this week. a

Defense X announced the agreement with Revo Capital, one of The most important investors in startup ecosystem in Türkiye.

It was founded by Khalis Othman Arkan and Murat Demirtin in US-focused DefensX on enable users to work safely on any network or device.

It offers a solution, in particular against Cyber ​​security threats that may come up via Internet browsers. He. She says It can isolate threats before they reach endpoint devices like Desktop and laptop computers, smartphones and tablets.

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