Why is Cyber Security Important

12-Mar-2020

Is Cybersecurity Essential?

Increased dependence on computer systems has raised concerns regarding cybersecurity and has made it a matter of utter importance and is also one of the prime challenges that we face in this contemporary world today.

What is Cybersecurity? Why Is It Important?

The ever so changing time of today, in which we millennials live, is like a cosmos in itself and the Internet of Things has made it more convoluted than ever before.

In this spiral-like world, security is of utmost significance as the world is deviating towards more transparency than ever before which in a way is opening new horizons yet there is a constant threat of unintended catastrophic consequences that keep hovering and demands for enormous and rigorous surveillance that aims at protecting individuals from cyber thefts like hardware, software and electronic data damage and safeguards one from online digital attacks or data breach... This, simply put, is known as Cybersecurity.

The Importance of Cybersecurity

The malware and ransomware like Wannacry and NotPetya that attacked the world have brought the issue of cybersecurity to the surface and now organizations and companies are considering the situation with more enthusiasm than before and finally, the awareness battle has come to an end.

Although this has given a kick start to the main struggle of securing the database of the vital information that is quite important for an organization.

The digitization and expeditious adoption of the Internet of things have created a surge in security measures that would assist with security and will lessen the chances of theft occurring over the internet.

This proves that cybersecurity is substantial in today’s world. It is indispensable.

Governments across the globe are pushing every country towards the importance of cybersecurity in order to achieve a theft-free environment for individuals to dwell in.

This idea of a theft-free nation can only be built if we as citizens take this as our responsibility to first become aware and then act accordingly.

Data breaches are going unnoticeable and this, in turn, is a threat to peace.

This needs to stop and for the same, more awareness programs regarding data security and cybersecurity should be encouraged to put an end to the data breaches occurring over the internet.

Security is a feeling that everybody is entitled to and there are a variety of options when it comes to cybersecurity. A few are listed below :

Network security
Data loss prevention
Cloud security
Intrusion detection system
Identify and access management system
Antivirus and anti-malware solutions

These have become essential owing to the dangers of cybercrimes that are happening all over the globe.

Every organization should work towards the understanding of the risks involved, improvement and improvisation of the cybersecurity standards, and prevention of cyber attacks that can bear disastrous results.

What Exactly is Triggering Cyber Crimes?

Theft of information is the rapidly growing crime among other cybercrimes reported in the past decade.

The easy availability of personal information over the web allows this crime to escalate and become cataclysmic.

Along with this, cyber-attacks also try to mold, disrupt and destroy data integrity in order to produce adverse effects that aim at tarnishing the reputation of a person or an organization.

The criminals committing cybercrimes are constantly trailblazing their methods to acquire confidential information and what really helps them is the casual attitude of their targets.

Whatever good we are receiving from this technology should not overpower the evil that is breaking out from the crevices surrounding the cyber world.

Negligence is the only weapon that cybercriminals are using against us to manipulate our valuable data thus creating a haywire situation in our lives.

This not only concerns a single individual but a group of individuals comprising an organization.

Data breaches involve a lot of cases related to the theft of money from credit cards, debit cards, or any other form of cryptocurrency that is easily accessible online.

Numerous factors work together towards the escalation of cybercrimes like the nature of the internet which is kind of distributed, the reach is so vast.

Apart from this, cyber-attacks are happening outside the jurisdiction of cybercriminals which makes it even more difficult to frame policies in order to protect the individuals.

What is the Impact of Cybercrime?

Cybercrimes result in varied losses accounting to financial loss, reputation loss, and regulatory fines.

Irrespective of the size of a business or a firm, the losses due to cybercrimes are huge to bear. It not only rips you of the finances but is a total mental strain for any organization or an individual.

How to Mitigate Cybercrime?

Better secure than sorry!

In order to mitigate cybercrimes, organizations can follow the steps mentioned below :

All levels in an organization should be aware of the risks involved in social engineering and scams like phishing emails and typosquatting.
Adopt a procedure to target information leaks and data exposure by any third party.
Implement a fully functional cybersecurity system and regularly check for any necessary amendments

What is cybersecurity is of no importance now. The main focus should be on maintaining a fully functional cybersecurity system that can help to secure the valuable data and information in an organization.

Overall, cybersecurity is the need of the hour.