The Importance of Cybersecurity

Cybersecurity is the practice of protecting computers, devices and data from unauthorized access or criminal use. It includes measures like anti-malware software, firewalls, secure Wi-Fi, access controls and regular updates to address threats as they emerge. The broader umbrella of cybersecurity also incorporates physical security, such as locks and alarm systems, as well as information security, which safeguards the confidentiality, integrity and availability of digital data.

As the world grows more dependent on technology, so do the risks of cyber attacks. Estimates of worldwide damage from rogue nations and cybercriminals have reached $6 trillion, making the issue one of the most significant business challenges of our time.

The sheer number of devices, users and networks that must be protected increases the complexity of cybersecurity strategies. And as attackers become more sophisticated, new tools and attack techniques are introduced that render older forms of protection obsolete.

One of the most effective ways to defend against these threats is by implementing outcome-driven metrics that align security priorities and investments to the controls that most directly protect against them. Traditional monetary representations of risk and security readiness are insufficient for this purpose, as they don’t provide sufficient insight into what is most important or how a business compares to others.

A good starting point is to compile an inventory of the devices, users and networks that need protection. Using this information, companies can then determine which tools are most effective at addressing specific vulnerabilities and threats. It’s also important to familiarize yourself with the legal and industry-specific cybersecurity regulations that apply to your company, as these may dictate which measures you need to implement. Managed Detection and Response

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