Cybersecurity for Small and Midsize Businesses: A New Opportunity for Service Providers

July 29, 2019

It’s 2019, and small and midsize businesses (SMB) need and want cybersecurity. In a recent survey of 1,000 US small businesses conducted by GoDaddy1 almost 50% of survey respondents reported suffering a financial loss due to hacking, with 13% saying the loss was greater than $5,000. Security is a global problem; a Cyber Security Breaches Survey conducted by the U.K. government2 found 42% of all micro/small businesses identified a cybersecurity breach in the previous year. Given the similarities in the responses it’s not unreasonable to conclude that small businesses with meaningful assets everywhere in the world are being targeted. This white paper will explore.

Spotlight

V-Key

Deployed by top banks, mobile payment providers, and governments globally, V-OS is the world’s first virtual secure element. Developed by V-Key using a patented cryptographic virtual machine integrated with tamper protections, V-Key is able to provide a complete mobile application security for any mobile application with V-OS as a strong base. Our solutions allow businesses to roll out cloud-based payments, trusted authentication for mobile banking, and other secured mobile applications for user data protection without the need to use any form of hardware secure elements. After all, software security is the new hardware.

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Spotlight

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Deployed by top banks, mobile payment providers, and governments globally, V-OS is the world’s first virtual secure element. Developed by V-Key using a patented cryptographic virtual machine integrated with tamper protections, V-Key is able to provide a complete mobile application security for any mobile application with V-OS as a strong base. Our solutions allow businesses to roll out cloud-based payments, trusted authentication for mobile banking, and other secured mobile applications for user data protection without the need to use any form of hardware secure elements. After all, software security is the new hardware.

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