What is the reason cybersecurity is crucial today? As we rely more and more on technologies, our businesses depend on them more than ever.
But as we are depending on them more, cybercriminals are also on the watch. So, we need to protect our crucial digital assets from them.
How? Of course, cybersecurity. So, what are some of the main reasons why it is important?
Read on to know more.
Reason Cybersecurity is Crucial
Cyberattacks Affect All
No, cybercriminals are not only out to target the big ones. As per one report, hackers attack a computer every 39 seconds. And that is in the US alone.
That sounds a lot! Also, it can cause a lot of money. For one, some big companies saw a loss of millions of dollars because of data breaches.
So, not one of us is safe from cyberattacks. Personal computer, SMEs, large enterprises. Even a city-wide cyberattack on the public sector can happen.
Thus, you need to have strong cybersecurity in place. No one wants to be a victim of one, right?
Boom in Cyberattacks
A faster boom in new technologies also means a faster boom in new cyberattacks. And that is especially true with the rise of 5G.
Many worries that it poses a lot of risks to companies and individuals alike. Because it has higher bandwidth and can connect more devices, there are now many openings.
So, attackers can take advantage of this. Also, we do not know yet the full capabilities of 5G. As it is not mainstream yet. Thus, we are not yet fully prepared to keep it secure.
Then, there are also new IoT and AI techs. Yes, you can use it for your business. But hackers may also use it with ill intention.
Damage to Businesses
Over the years, there has been a rising recond of hacks and breaches. And this is more true for businesses across every sector.
Thus, causing millions of dollars from damages and fines. Further, it can result in the loss of many jobs.
Companies will need to cut employees to survive. But for some, they did not rise at all. So, this can be lethal for companies.
Threats to Individuals
As said, cyberattacks can happen to anyone. Thus, any individual can also be a victim. There are also risks that you need to face by yourself.
For example, identity theft is rising. Hackers can steal your identity and vital information to sell on the black market. Or even use to steal your money.
As a result, this may put you and your family at risk. Because hackers can also use your information to blackmail or extort from you.
Also, they can even hack your camera to invade your privacy. Then, they can demand anything from you.
Cybersecurity is Needed
So, these are the reasons why cybersecurity is crucial. Thus, making it clear that you need to put it a lot to make sure you have a strong one. What are the steps you are making to ensure this?