Survey Says Mexican Firms Are Vulnerable to Cyber Attacks

From: Nearshore Americas

By Narayan Ammachchi

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.

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