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Why is It support and CyberSecurity Important? Cybersecurity is important because it protects all categories 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. With out a cybersecurity program, your organization cannot defend itself against data breach campaigns, rendering 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 risk that the organization is suffering from a successful cyber attack or data breach is on the rise. Business leaders can no longer 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 have to educate your staff about simple social engineering scams like phishing and more sophisticated cybersecurity attacks like ransomware attacks (think WannaCry) or other malware designed 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 sizes and often make the front page causing irreversible reputational harm to the businesses involved. To help you understand the importance of cyber security, we've compiled a post explaining the different elements of cybercrime may very well not bear in mind of. If you're not yet focused on cybersecurity, you need to be. What is Cybersecurity? Cybersecurity is the state or procedure for 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 planet is increasingly reliant on technology and this reliance will continue once we introduce the following generation of new technology that will have access to your connected devices via Bluetooth and Wi-Fi. To keep customer data protected while embracing new technology, intelligent cloud security solutions should really be implemented to stop 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 is no sign that this trend will slow. Data leaks that can end in identity theft are actually publicly posted on social media marketing accounts. Sensitive information like social security numbers, credit card information and banking account details are now stored in cloud storage services like Dropbox or Google Drive. The fact of the matter is whether you are someone, business or large multinational, you depend 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've a myriad of cybersecurity threats that didn't exist a couple of decades ago. We must understand the difference between cybersecurity and information security, even though the skillsets are becoming more similar. Governments all over the world are bringing more focus on cybercrimes. GDPR is a good 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 isn't restricted to Europe. While you will find no national laws overseeing data breach disclosure in the United States, you can find data breach laws in every 50 states. Commonalities include: The requirement to notify those affect as soon as possible Let the us government know as soon as 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 approximately $750 and companies may be fined as much as $7,500 per victim. 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