MSME sector can be benefited with cybersecurity by KYC compliance and capacity building – here’s how
How MSME sector could be benefited with cybersecurity by KYC compliance and capacity building The Micro, Small, and Medium Enterprises (MSME) sector accounts for about 40 per cent of India’s total exports and contributes one-third of its GDP. The world is being digitised and hence the industries and sectors too. To fully benefit from digital finance solutions, the MSME sector needs to understand how important it is to comply with regulatory requirements like say, the need for full KYC which will help them in conducting their online business without worrying about potential legal repercussions. 79 lakh MSMEs are registered and the sector is in charge of employing about 12 crore […]