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Bridging the Cybersecurity Divide Between Large Enterprises and SMEs

July 31, 2018

This term has since been used to describe the growing economic, educational, and social inequalities between populations with access to ICT and those without, both within and between nations. While it has been mostly used in this context, the same concept can also help us understand the differences between the haves and have-nots in the business environment. Enterprises with a higher digital maturity derive more revenue from their physical assets, are more profitable, and have higher market valuations. 2 Such success, however, is not achieved overnight—it requires enterprises to embark on a journey of digital transformation. According to the World Economic Forum’s (WEF) Digital Transformation Initiative, such a transformation requires business leaders to undertake five action plans to be digitally ready.3 These include reskilling and transitioning the workforce, and creating new digital business models and digital offerings.

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