Why is It support and CyberSecurity Important? Cybersecurity is essential since 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. With no cybersecurity program, your organization cannot defend itself against data breach campaigns, which makes 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 your organization suffers from a successful cyber attack or data breach is on the rise. Business leaders can no longer solely rely on out-of-the-box cybersecurity solutions like antivirus software and firewalls, cybercriminals are receiving smarter and their tactics are becoming more resilient to conventional cyber defences. Cyber threats will come from any level of your organization. You need to educate your staff about simple social engineering scams like phishing and more sophisticated cybersecurity attacks like ransomware attacks (think WannaCry) or other malware made to steal intellectual property or personal data. GDPR and other laws mean that cybersecurity is no further something businesses of any size can ignore. Security incidents regularly affect businesses of all sizes and often make the front page causing irreversible reputational damage to the companies involved. To help you understand the importance of cyber security, we've compiled a post explaining different elements of cybercrime you may not be aware of. If you're not even worried about cybersecurity, you need to be. What is Cybersecurity? Cybersecurity is their 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 actual fact of the matter is the entire world is increasingly reliant on technology and this reliance will continue once we introduce the following generation of new technology that'll have access to the connected devices via Bluetooth and Wi-Fi. To help keep customer data protected while embracing new technology, intelligent cloud security solutions must certanly be implemented to prevent 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 previously and there's no sign that trend will slow. Data leaks that may end up in identity theft are now actually publicly posted on social media marketing accounts. Sensitive information like social security numbers, charge card information and bank-account facts are now stored in cloud storage services like Dropbox or Google Drive. The actual fact of the problem is whether you are a person, small company 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 many cybersecurity threats that didn't exist a few decades ago. We must understand the difference between cybersecurity and information security, even although the skillsets are becoming more similar. Governments around the globe are bringing more attention to 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 is not limited to Europe. While you can find no national laws overseeing data breach disclosure in the United States, you can find data breach laws in all 50 states. Commonalities include: The necessity to notify those affect the moment possible Let the government know the moment possible Pay some sort of fine California was the very 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 up to $750 and companies may be fined up to $7,500 per victim. 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