Part 7/12:

While highly effective for large enterprises, implementing Zero Trust can be challenging and expensive for small and medium-sized enterprises (SMEs). In Singapore, organizations like the Association of Information Security Professionals run cyber awareness programs aimed at educating SMEs about risks associated with digital transformation, including cloud adoption.

Leveraging AI and Encryption to Mitigate Risks

The IBM report highlights that adopting Artificial Intelligence (AI) security analytics, encryption, and advanced authentication measures significantly reduces breach costs—saving organizations between $1.2 million and $1.4 million USD per incident.