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Cyprus startups advised to focus on cybersecurity before expanding internationally · Cyprus Report

Business · Cyprus

Cyprus startups advised to focus on cybersecurity before expanding internationally

1 sourceFirst reported 1 day agoUpdated 1 day ago

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Startups in Cyprus, particularly in fintech and iGaming, are being encouraged to focus on cybersecurity ahead of international expansion.
Andrey Leskin, CTO at Qrator Labs, indicated that companies may be underestimating the cyber risks associated with entering new markets.
Firms targeting high-growth areas may encounter increased threat levels from competitors and ideological groups.
The warnings highlight the need for enhanced cybersecurity measures as startups grow and expand their operations.
The emphasis on cybersecurity comes as companies are preparing to navigate complex digital landscapes in foreign markets.

Generated by AI from the 1 sources below · always verify with the originals

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All coverage (1)

Cyprus startups urged to prioritise cybersecurity before expansionCyprus Mail · 1 day ago

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AI summary: catch up in 20 seconds

Startups in Cyprus, particularly in fintech and iGaming, are being encouraged to focus on cybersecurity ahead of international expansion.
Andrey Leskin, CTO at Qrator Labs, indicated that companies may be underestimating the cyber risks associated with entering new markets.
Firms targeting high-growth areas may encounter increased threat levels from competitors and ideological groups.
The warnings highlight the need for enhanced cybersecurity measures as startups grow and expand their operations.
The emphasis on cybersecurity comes as companies are preparing to navigate complex digital landscapes in foreign markets.

Generated by AI from the 1 sources below · always verify with the originals