Why is Cybersecurity Important?

Cybersecurity is important because it protects all categories of data from theft and damage. This includes 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.

What is Cybersecurity?

Cybersecurity is the state or process of protecting and recovering computer systems, networks, devices, and programs from any type of 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 to circumvent traditional data security controls.

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 could result in identity theft are now 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 fact of the matter is whether you are an individual, small business or large multinational, you rely 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 a myriad of cybersecurity threats that didn’t exist a few decades ago. We need to understand the difference between cybersecurity and information security, even though the skillsets are becoming more similar.

What is the Impact of Cybercrime?

A lack of focus on cybersecurity can damage your business in range of ways including; Economic Costs, Reputational Cost & Regulatory Costs

How to Protect your Organization against Cybercrime

There are three simple steps you can take you to increase security and reduce risk of cybercrime:

  • Educate Staff
  • Protect Your Sensitive Data
  • Implement a Third-Party Risk Management (TPRM) Solution

Read the original article here; https://www.upguard.com/blog/cybersecurity-important

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