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Why is It support and CyberSecurity Important? Cybersecurity is very important since 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. 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 the organization is suffering from a fruitful cyber attack or data breach is on the rise. Business leaders cannot solely depend 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 may come from any level of one's organization. You must 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 mean that cybersecurity is no further something businesses of any size can ignore. Security incidents regularly affect businesses of most sizes and often make the front page causing irreversible reputational injury to the companies involved. To assist you understand the importance of cyber security, we've compiled an article explaining the various components of cybercrime you might not be aware of. If you're not even concerned about cybersecurity, you must be. What is Cybersecurity? Cybersecurity is their state or process of protecting and recovering computer systems, networks, devices, and programs from any kind 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 (AI) to circumvent traditional data security controls. The fact of the situation is the entire world is increasingly reliant on technology and this reliance will continue once we introduce another generation of new technology that may have access to your connected devices via Bluetooth and Wi-Fi. To keep customer data protected while embracing new technology, intelligent cloud security solutions ought to 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 may bring about identity theft are now publicly posted on social networking 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 very fact of the problem is if you are someone, small company 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 many cybersecurity threats that didn't exist a few decades ago. We have to understand the difference between cybersecurity and information security, even although skillsets are becoming more similar. Governments all over the world are bringing more awareness of cybercrimes. GDPR is a great example. It's 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 limited to Europe. While there are no national laws overseeing data breach disclosure in the United States, you can find data breach laws in every 50 states. Commonalities include: The necessity to notify those affect the moment possible Let the government know the moment possible Pay some type of fine California was the initial 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 could be fined as much as $7,500 per victim. 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