Cyber security – What it is and its relevance in 2022 and beyond!
Living in a digital era can be exciting and daunting at the same time. Social media is appealing because humans are social animals who love to interact with each other. However, these positive impulses can take a wrong turn if not done with utmost care and protection.
Interacting on social media has become an addiction. Even if you consciously try to avoid social media, and the constant bombardment of news, ads, and information that comes along with it, there is still a chance that the continuous dependence on digital media can haunt you.
Today’s generation relies heavily on networks and digital devices – from paying bills online to seeking medical bits of advice online. However, cases of data theft and cybercrime are something that rarely deviates from the news headlines. These headlines are enough to make anyone antsy.
Cyber criminals are ditching the traditional methods and are resorting to advanced ones to make the biggest impact on the networks in 2022 and beyond. Cyber criminals are perilous, which makes Cyber security a top trend not only in organizations but among individuals as well.
Do you want to know the top 5 top facts on cyber security? Have a look!
- 85% of the people posting wallpapers as profile pictures are trying to scam you
- Human errors constitute 95% of all data breaches
- Cyber attacks take place every 39 seconds
- 75% of cyber attacks take the route of emails
- SMEs are highly targeted by cybercriminals
Now, what is cyber security?
Cyberattacks have been constantly evolving and are an acute danger to organizations, data security, employees, and the public. So, what’s the best defense against unauthorized access and illegal data theft? A strong cyber security mechanism!
Note* There is no silver bullet solution for cyber security. The utmost care and layered defense is the only possible defense!
Cyber security is the practice of protecting networks, systems, hardware, and sensitive data from digital attacks. With cyber crimes increasing day by day, it’s no wonder banks, tech companies, government, as well as private agencies, are investing in cyber security infrastructure to protect their million-dollar business and the interest of millions of customers that trust them with their data.
Cyber security is needed in every business, no matter what…
Most people believe that keeping cyber security is not needed for their business because they’re not handling the credit card details of customers, and their business is not at risk. What would a hacker get from me, how cybercrime affect my business are some of the questions that continuously trigger their mind. Well, the harsh reality is, that a hacker can gain so much from very little!
No matter, if your business is B2C or B2B, it’s your duty as a business to keep your sensitive data in safe hands. So, you might be wondering, what do you need to look out for.
First and foremost, you need to understand the risk.
Recognizing the risk is the first step in the right direction that you should take. Indeed, hackers are becoming more intelligent and merciless and their only aim is to constantly evolve the digital landscape and steal the organization’s sensitive data.
The question is, “Can you afford the risk of not having a cyber security strategy in place”?
Cyberattacks come in all shapes and sizes and almost everyone can fall prey to these attacks once in a lifetime. The two most common types of cyberattacks are Malware and Phishing. Let’s understand them one by one!
Malware
Malware is a broad term used to describe malicious software including ransomware, adware, spyware, worms, and viruses. It consists of code developed by cybercriminals, designed to cause extensive damage to data and systems or to gain unauthorized access to an important network.
Malware is typically delivered in the form of a malicious link and it requires the user to click on that malicious link to welcome the malware.
Phishing
Phishing is a form of fraud in which an attacker falsely pretend himself/herself as a reputable entity or person not only in emails but in other mediums of communication as well. The primary goal of phishing is to steal sensitive data like credit card information and login information or to install malware on the victim’s system.
Phishing is an extremely common cyberthreat that can cost you an arm and a leg.
“An ounce of prevention is worth a pound of care.”
Prevention is better than cure. So, do you want to sit and wait for an attack to come to experience the level of seriousness and the catastrophic effects it could have on your business?
Protecting your network security is the best defense against the latest cyberattacks!
Safeguarding your network is a daily challenge for your business as you might be aware of the evolving threat landscape. To succeed, you need to slay the latest technology trends and install the most advanced software that will safeguard your network from malicious hackers.
Above all, protection always comes with a cost. So, always look for the best-managed network security service that protects you from the latest threats without breaking the bank. A managed and secured network gives you all the possible advantages and keeps you ahead of the security curve!
Before the final thoughts, it’s time to know the,
3 best reasons to implement cyber security in your business.
- Increased Productivity
Imagine you have a stellar e-commerce website to communicate and sell your products to the client. Just imagine, that there is no proper cyber security and as a result, your client gets redirected toward some illegal website. As a result, you’ll lose the client and your productivity and your goodwill will be lost.
When you lose the customers, your reputation goes with them as well. On the other hand, when there is a proper security mechanism in place, the number of clients will double. Hence, cyber security in your business can increase your business productivity, which will automatically result in more profits and a good name.
- Data Security
Data security is the biggest challenge for modern organizations. Just like a coin has two sides, the problem of data security also has two sides. From the first side, the users share information such as their details and the payment details with the business online. It means that the customers trust you and you must maintain the trust. Because, if their information gets breached, the reputation of your company will automatically tarnish.
On the second side, it is important to take care of portable digital devices. For example, the connection to an unsafe and open network can pose serious threats to your business. Thus, making your company cyber secure is the best practice that can be done.
- The cost of a data breach
It is a well-known opinion that cyber security is a costly affair and that companies can work smoothly without it. But, the truth lies in the fact that the day you make your organization cyber secure will be the best for the company. It means that your business and sensitive data are away from the reach of hackers, thieves, and breaches.
Becoming a victim of a cyber attack is the worst nightmare one could have. Do you know the average cost of a data breach is about several thousand dollars? Hence, investing in cyber security is the best decision your organization can ever make!
Final Say
To sum up, cyber security is one of the most important and leading success factors that your company requires. Without a proper cyber security mechanism in place, there are high chances of data breaches and theft.
The future of a successful business lies in properly implementing all the security measures. Protecting your network should be prioritized when you’re planning to start a business and make it a renowned one.
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