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81% of High-Uncertainty Middle-Market Firms Delay Tech Initiatives

  • Cybersecurity risks are a significant impediment to technological innovation for middle-market firms, especially those operating in high-uncertainty environments.
  • A recent report by PYMNTS surveyed 60 CFOs from middle-market firms, revealing that high-uncertainty firms face stronger cybersecurity concerns and consequences, such as financial losses and delayed tech initiatives.
  • 81% of high-uncertainty firms frequently delay or cancel technology initiatives due to cybersecurity risks, impacting their competitive positioning in the long term.
  • The report underscores the need for scalable solutions to manage uncertainty introduced by cyber threats and highlights strategies CFOs are employing, such as AI-driven threat detection and enhanced training.

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