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Why is It support and CyberSecurity Important? Cybersecurity is important as it protects all types of data from theft and damage. Including sensitive data, personally identifiable information (PII), protected health information (PHI), personal information, intellectual property, data, and governmental and industry information systems. Without a cybersecurity program, your organization cannot defend itself against data breach campaigns, making it an irresistible target for cybercriminals. Both inherent risk and residual risk is increasing, driven by global connectivity and usage of cloud services, like Amazon Web Services, to store sensitive data and personal information. Widespread poor configuration of cloud services paired with increasingly sophisticated cybercriminals means the danger that the organization suffers from a successful cyber attack or data breach is on the rise. Business leaders can't solely count on out-of-the-box cybersecurity solutions like antivirus software and firewalls, cybercriminals are becoming smarter and their tactics are becoming more resilient to conventional cyber defences. Cyber threats can come from any level of your organization. You should educate your staff about simple social engineering scams like phishing and more sophisticated cybersecurity attacks like ransomware attacks (think WannaCry) or other malware built to steal intellectual property or personal data. GDPR and other laws signify cybersecurity is no further something businesses of any size can ignore. Security incidents regularly affect businesses of all sizes and often make the leading page causing irreversible reputational damage to the companies involved. To help you understand the significance of cyber security, we've compiled an article explaining the various components of cybercrime you may not take note of. If you're not yet concerned about cybersecurity, you must be. What is Cybersecurity? Cybersecurity is their state or process of protecting and recovering computer systems, networks, devices, and programs from almost any cyber attack.Cyber attacks are an increasingly sophisticated and evolving danger to your sensitive data, as attackers employ new methods powered by social engineering and artificial intelligence (AI) to circumvent traditional data security controls. The fact of the situation is the world is increasingly reliant on technology and this reliance will continue as we introduce the following generation of new technology that may have access to the connected devices via Bluetooth and Wi-Fi. To keep customer data protected while embracing new technology, intelligent cloud security solutions should be implemented to avoid unauthorized access and encourage the used of strong passwords. Read our full guide on cybersecurity here. The Importance of Cybersecurity Cybersecurity's importance is on the rise. Fundamentally, our society is more technologically reliant than ever before and there's no sign that this trend will slow. Data leaks that can lead to identity theft are now actually publicly posted on social media accounts. Sensitive information like social security numbers, credit card information and bank account details are now stored in cloud storage services like Dropbox or Google Drive. The actual fact of the situation is if you are a person, small company or large multinational, you count on computer systems every day. Pair this with the rise in cloud services, poor cloud service security, smartphones and the Internet of Things (IoT) and we have many cybersecurity threats that didn't exist a couple of decades ago. We must understand the difference between cybersecurity and information security, even although skillsets are becoming more similar. Governments all over the world are bringing more attention to cybercrimes. GDPR is a great example. It has increased the reputational damage of data breaches by forcing all organizations that operate in the EU to: Communicate data breaches Appoint a data protection officer Require user consent to process information Anonymize data for privacy The trend towards public disclosure is not restricted to Europe. While you will find no national laws overseeing data breach disclosure in the United States, there are data breach laws in all 50 states. Commonalities include: The necessity to notify those affect as soon as possible Let the government know the moment possible Pay some type of fine California was the first state to regulate data breach disclosures in 2003, requiring persons or businesses to notify those affected "without reasonable delay" and "immediately following discovery" ;.Victims can sue for $750 and companies could be fined as much as $7,500 per victim. 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