Mid-sized businesses more prone to cyber-attacks: Experts

FBCCI to run awareness programme on cyber security

Published : 22 Sep 2022 08:39 PM

Like other countries, in Bangladesh the risk of cyber-attacks on business and financial institutions is increasing. Medium-sized businesses are most vulnerable to cyber-threats, as these business houses lack sufficient technical capabilities and staff awareness to deal with cyber-attacks.

Speakers in the 2nd meeting of the Standing Committee on Information and Communications Technology (ICT) and Digitization of Trade Bodies expressed their concerns held at the FBCCI office on Thursday afternoon.

66 percent of the business enterprises across the globe have experienced cyber-attacks at least once. Between 2002 and 2020, the rate of such attacks increased by 80 percent, speakers informed in the meeting. 93 percent of cyber-attacks occur through phishing emails. Hacking through Social media engineering is also increasing.

Therefore, the entrepreneurs called for awareness building and cyber education among the employees to secure the important information of their organization.

In the meeting, Standing Committee Director In-Charge Syed Almas Kabir said that FBCCI will undertake awareness activities to ensure the protection of information of business organizations including hosting a number of seminars and releasing awareness posters illustrating cyber hygiene.

Committee members also complained that most of the government online services are not effective. Especially online license and certification systems often cause suffering to the traders.

Acting President and Senior Vice President of FBCCI Mostofa Azad Chowdhury Babu was present as the chief guest in the meeting. He urged the Standing Committee to take effective measures to ensure cyber security of the country. The Acting President said information technology is one of the most potential sectors and the committee should devise strategies to harness the potential.

While presiding, Chairman of the committee Md. Shahid-Ul-Munir urged the members to work together to ensure cyber security.

Co-chairmen Md. Nazmul Karim Biswas Kajal, Md. Motahar Hoshan Khan, other members of the committee and secretary general of FBCCI Mohammad Mahfuzul Hoque were also present at the meeting.