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Opportunities and Challenges for SMEs in the Context of Increased Adoption of ICTs

White Paper Published By: AWS
AWS
Published:  Dec 03, 2019
Type:  White Paper
Length:  24 pages

Companies from different sizes and in different sectors are increasingly relying on Information and Communication Technologies (ICTs), and this has been key to innovation, productivity and growth. Despite the countless benefits and opportunities, there are challenges that arise when adopting ICTs, and small and medium enterprises (SMEs), generally face higher challenges if compared to larger companies. Having a poor ICT infrastructure, not knowing how to properly address complex cybersecurity threats, or underestimating the importance of protecting personal data are examples of these challenges faced by SMEs.

This white paper therefore briefly describes some of the difficulties faced by SMEs given the increased adoption of ICTs. It also addresses crucial considerations pertaining to personal data protection and privacy, and the importance of making some institutional changes that allow for a “security-aware” culture to be created. It also explains how governments play different roles as enablers of a healthy ecosystem, such as when procurement rules are used as a means to foster the adoption of cybersecurity standards, or when capacity building efforts directed to SMEs are promoted. Lastly, a few straightforward steps that can be taken by SMEs when looking at strengthening their cybersecurity preparedness are outlined in the penultimate paragraphs.



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