Survey: Mexican Firms Vulnerable to Cyber Attacks Narayan Ammachchi - Nearshore Americas
go to original May 20, 2014

Nearly half of Mexican companies suffer minor or large-scale cyber attacks, according to a survey conducted by global business consultancy firm Earnest and Young.  The most targeted sectors are finance, telecommunications, pharmaceutical, automotive and aerospace.

Attacks of this kind have caused thousands of dollars in losses for the companies involved. The study indicates that 45% of Mexican companies do not have effective mechanisms in place to identify how vulnerable they are to cyber attacks.

Several companies in the country have also faced penalties for their failure to comply with federal regulation on privacy.

As technology is advancing Mexican companies must take actions to protect themselves from cyber attacks, suggested the advisory firm, according to the Spanish publication Brujula Financiera, which published the report.

Businesses must realize that investing in cyber security is a strategic investment that will help them to avoid losing money in the event of an attack, said Christian Andreani, executive director of the advisory firm.

Read the rest at Nearshore Americas

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