Why is It support and CyberSecurity Important? Cybersecurity is essential since it protects all kinds 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, 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 chance that your organization suffers from an effective 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 may 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 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 most sizes and often make leading page causing irreversible reputational harm to the companies involved. To assist you understand the importance of cyber security, we've compiled an article explaining the various elements of cybercrime you might not be aware of. If you're not even concerned about cybersecurity, you ought 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 very fact of the problem is the planet is increasingly reliant on technology and this reliance will continue once we introduce the next generation of new technology which will have access to our 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 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 this trend will slow. Data leaks that may bring about identity theft are now actually publicly posted on social media accounts. Sensitive information like social security numbers, bank card information and banking account facts are now stored in cloud storage services like Dropbox or Google Drive. The actual fact of the situation is whether you are someone, 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 have an array of cybersecurity threats that didn't exist a couple of decades ago. We have to 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 superb 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 by Europe. While you will find no national laws overseeing data breach disclosure in the United States, there are data breach laws in every 50 states. Commonalities include: The requirement to notify those affect the moment possible Let the government know the moment possible Pay some sort 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 up to $7,500 per victim. 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