Why is Cybersecurity Important?

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Why is Cybersecurity Important?

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Cyber security is the state or process of protecting and recovering networks, devices and programs from any type of cyberattack. Cybersecurity is very important because it covers

everything

related

to

protecting

our

sensitive

data, personal information, intellectual property, data, and government and industry information systems from criminals and opponents attempting to steal and destroy. To cater to the security concerns of the modern firms, several cyber security companies in Dubai have cropped up across the globe that provide their clients efficient Security Information and Event Management (SIEM) and Advanced Threat Monitoring services.

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Why is Cybercrime Increasing? Cybercriminals

have

become

more

sophisticated,

changing their goals, the impact on organizations and the

methods

Social

of

attack

engineering

is

on

still

different the

security

simplest

form

systems. of

cyber

attack, and ransomware and phishing are the simplest forms

of

intrusion.

Another

common

attack

vector

is

third-party and fourth-party vendors that process your data and have poor cybersecurity practices, which makes vendor

risk

management

and

third-party

risk

management particularly important.

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The Importance of Cybersecurity The importance of cybersecurity is rising. Fundamentally, our society is more dependent on technology than ever, and there is no sign that this trend will slow down. Now, personal data that may lead to identity theft has been posted

to

the

public

on

our

social

media

accounts.

Sensitive information such as social security numbers, credit card information, and bank account details are now stored in cloud storage services such as Dropbox or Google Drive.

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How to protect your organization against cybercrime There are three simple steps you can take you increase security and reduce risk of cybercrime: Educate all levels of the organization about the risks of social

engineering

and

common

social

engineering

fraud (such as phishing emails) Purchase

tools

that

limit

the

loss

of

information,

monitor your third-party risks and fourth-party supplier risks,

and

continuously

scan

for

data

breaches

and

leaked credentials Use technology to reduce costs, such as automatically sending supplier assessment questionnaires as part of the overall cybersecurity risk assessment strategy

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