Cyber crime poses greater risk to SMEs, warns Ernst & Young expert

Small and medium-sized businesses run the risk of incurring greater damage and being worse affected than larger firms in the event of cyber crime, a leading expert has warned.

All companies, regardless of size, need to be acutely aware of the harm attacks from cyber criminals can have on their business, from financial and reputational perspectives, and prepare adequately to deal with them, according to Ernst & Young cyber security expert Niall Jordan.

Mr Jordan was speaking at a gathering of many of the the country’s leading industry experts at the Kingsley Hotel in Cork for the third annual UCC Technology Conference, hosted by the business information systems society.