What Is Cybersecurity and Why Is It Important?

Cybersecurity

All of the technology and techniques that keep computer systems and electronic data safe are referred to as cyber security. “Cyber security is the art of protecting networks, devices, and data against unauthorized access or illegal use and the practice of maintaining confidentiality, integrity, and availability of information,” according to the Cyber Security & Infrastructure Security Agency (CISA).

Why is cybersecurity critical?

Our society is more technologically reliant than ever, and this tendency shows no signs of slowing. Data breaches that potentially lead to identity theft are now being shared openly on social media sites. Social security numbers, credit card numbers, and bank account information are now saved in cloud storage services such as Dropbox or Google Drive.

Whether you are a small business or a major corporation, you rely on computer systems daily. When you combine this with the advent of cloud services, bad cloud service security, cellphones, and the Internet of Things (IoT), you have a slew of new security risks that didn’t exist only a few decades ago. Even if the skillsets are getting more comparable, we must recognize the difference between cybersecurity and information security.

Cybercrime is receiving increased attention from governments around the world. The General Data Protection Regulation (GDPR) is a good example. It has raised the reputational harm caused by data breaches by forcing all EU-based businesses to:

  • Notify about data breaches.
  • Appoint a data protection officer.
  • Necessisate user consent to process information.
  • Anonymize data for privacy.

The trend towards public disclosure isn’t just confined to Europe. While there are no federal regulations governing data breach disclosure in the United States, each of the 50 states has its own set of rules.

Organizations such as the National Institute of Standards and Technology (NIST) have released frameworks to help them evaluate their security risks, improve cybersecurity, and prevent cyber assaults.

Cybercrime is an economic issue

Cybercrime has a massive economic impact. The detection and mitigation of a single, sophisticated, large-scale hack or data breach can cost a business $13 million. But professionals with the necessary